Taxation, Cargo & Excise Enforcement Agency (Makko Oko)
Agency overview | |
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Formed | July 2019 |
Type | Independent |
Jurisdiction | Makko Oko |
Agency executive |
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Website | tceea.gov.mk |
The Taxation, Cargo & Excise Enforcement Agency, also referred to as the TCEEA, is an independent government taxation agency in the Empire of Makko Oko. Its mission is to regulate and enforce the taxes and excise of the government, and also works with the Homeland Border Protectorate to secure and regulate cargo coming in and out of the nation's ports and airport.
History
Republic Of Makko Oko
During the era of the Republic, the TCEEA had been multiple national agencies. There was the State Taxation Service (STS) and the Bureau Of Cargo Inspections (BCI). They both worked together for customs-related taxes and charges, but otherwise didn't interact much and were separate agencies. The STS was incorporated the year the Republic was while the BCI was incorporated in 1984 after a big population boom led the original department to become overwhelmed, therefore allowing a separation of authority and the workforce.
Reformation
After the Civil Transition War came to a close and the Empire was formed, the new Emperor, Conall Solis, thought it would be both better and cheaper for productivity and the government budget respectively, to merge the BCI and the STS together, officially forming the TCEEA. With that came full law enforcement ability across the board, instead of the limited ability the STS had, and the full ability the BCI had exclusively on the border.
Independence From MOF
On March 15th, 2023, His Emperor's Government under Emperor Conall Solis announced the split and independence of the TCEEA from the Ministry Of Finance into its own agency. The government said that it was due to "missions that interfere with the optimal operation of the ministry". The website "tceea.mof.gov.mk" started redirecting soon thereafter on March 17th, 2023 to the new website "tceea.gov.mk".
Taxes
Type | Rate | Established | |
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Sales Tax | All Transactions To Authorized Private Businesses | 45% of total transaction price | |
All Transactions To Foreign Businesses | 100% of total transaction price | ||
All Online Transactions | 200% of total transaction price | ||
All Transactions Regarding Government Services | 0% of total transaction price | ||
Income Tax | Tax paid to the state relative to their income level | A percentage of total income reported for that year | May 2023 |
Inheritance Tax | Money earned through inheritance to a local bank account | 30% | |
Education Tax | Tax paid in exchange for the free state education provided to children | 15% of the income made the previous year | |
Insurance Tax | Tax paid to the state to fund the universal healthcare system offered by the state | 8% of income deducted per paycheck (16% for private insurance holders) | April 5th, 2023 |
Benefits Tax | Tax paid to the state in exchange for the welfare programs and retirement benefits offered by the state | 6% of income deducted per paycheck | July 5th, 2022 |
Tax paid to the state by government employees on the mainland in exchange for the welfare programs and retirement benefits offered | 10% of income deducted per paycheck | July 5th, 2022 | |
Crown Tax | Tax paid to fund the Imperial Crown and their duties | A percentage of the value of land owned | December 3rd, 2023 |
Property Tax | Tax paid to the state by home renters and owners | A percentage of the value of the property, with a percentage of that going to the Imperial Crown | December 3rd, 2023 |
Crown Tax
Property Tax
Income Tax
Former Taxes
Type | Rate | Established | Abolished | |
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CARES Tax | Tax for MakCare/GovCare universal healthcare services | 11-54% of the healthcare plan and services paid for throughout the year, minus the total income for the year | July 5th, 2022 | March 31st, 2023 |
Phoenix Islands Tax for MakCare/GovCare universal healthcare services | 3% of total income for the year | October 16th, 2022 | March 31st, 2023 |