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Property taxation is the basal foundation of taxation in FSN. The more property you own, the higher your taxes will be. Property taxation has set rates depending on your gameplay style. Note that this amount also simulates various property costs like bills and the like.
12 Day - 1.5% of Property Value ($1,000 $300 per acre/$150 non-arable)
24 Day - 3 .5% 75% of Property Value ($700 $150 per acre/$75 non-arable)
24 Day Realism - 7% 2.5% of Property Value ($1,400 $500 per acre/$250 non-arable)
Asset Taxation
Asset taxation is the secondary form of taxation in FSN. It is based on all your owned assets, and it simulates yearly preventative maintenance, permits and registration and the other fees associated with operating equipment. The rates are as follows.
12 Day - 1% .5% of Asset Value
24 Day - .5% 25% of Asset Value
24 Day Realism - 2% 1% of Asset Value
Modifiers
Based on the size of your farm, you may be obligated to pay a modifier on top of the two base amounts, as seen in this formula: (Base Property + Base Asset) * (Modifier)
| Info |
|---|
if on you hold any land on a precision farming server, that land is subject to a increase on taxes to offset precision farming benefits (FS19 = 10% increase, FS22 = 60% increase, FS25 = TBA) |
Net Asset Valuation (NAV) | Modifier |
|---|---|
Under 1m | 1x.25x |
1-2.5m | 1.5x |
2.5-5m | 2x1x |
5m-10m | 3x1.5x |
10m+ | 2x |
20m+ | 2.25x |
50m+ | 2.5x |
Homestead Taxation
Homestead taxation is only based on assets that are tied to your out of game homestead. the homestead rate is a flat rate for both assets and property as follows…
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