5^th Imperial Decree: The Formation of Companies

In order that Groups of Citizens may band together in joint ventures of business, the Empire recognises the formation of Companies. A Company is recognised as a single entity in Law, operated by its owners and those whom its owners employ for that purpose. The Company is liable for actions undertaken by its employees or owners when those actions were taken on the Companies behalf. When an illegal act is undertaken on behalf of a Company, both the individual undertaking the act, and the Company are equally liable.

5^th Imperial Decree – 1^st Amendment: The Levy of Taxes on Company Employees

If citizens are employed by a company, that company shall be responsible for collecting the Taxes from the salaries of its employees, and paying those monies to the State. Records must be kept for 10 years, in order for inspections to be made. Any errors in this taxation must be corrected immediately.

© Tim Hart 2002
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