In FSN, we believe in adding as much realism as possible to an experience. Part of that is simulating taxes. Here are the details on how the system works!
Tax Cycle
Every 30 days.
Contractors
Contractors are exempt from the primary taxation schedule. Instead they are only liable for two items. One is virtual garage storage fees, which are $200 per piece of equipment, per 30 days. Secondly, they have a COL (Cost of Living) fee taken every 30 days, which simulates you leading a frugal life while away from farming. The COL fee is 0.25% of your wealth, per month. This means even farmers who go to contract status can spend months, or even RL years away without it making a significant dent in your finances, while still simulating the realism FSN expects, and helping to create a stable economic model.
Payment Schedule
Taxes Generate on the 1st of the month, and must be paid by the 30th of the month.
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