We apply a 20% charge to large corporations.

The image displays a webpage titled "4. Simplified and Automated Tax System." It outlines a proposed tax system featuring ten different tax types, each with specific details. The text is organized in a table format, with two main columns: "Tax Type" and "Details."

1. **Tax Type**: The first column lists various taxes:
   - Income Tax
   - Corporate Tax
   - Sales Tax
   - Property Tax
   - Import Tax
   - Electronic Road Tax (ERT)
   - Automated Payment Tax
   - Capital Gains Tax
   - Certificate of Entitlement
   - Sri Lanka Wealth Fund (SLWF)

2. **Details**: The second column provides descriptions for each tax type:
   - **Income Tax**: Describes a tiered system with rates ranging from 10-15% for low-income to 25-30% for high-income, with a voluntary Wealth Tax of 0.1%.
   - **Corporate Tax**: Lists rates of 7% for multinational corporations (MNCs), 12% for small and medium enterprises (SMEs), and higher rates for large corporations and harmful industries.
   - **Sales Tax**: A flat rate of 10% and a luxury tax of 20%.
   - **Property Tax**: Progressive rates up to 10% for high-value properties.
   - **Import Tax**: 10% on essentials, 20% on non-essentials, with exemptions for medical and educational goods.
   - **Electronic Road Tax (ERT)**: Adjusted fares based on congestion, ranging from 5% to 15%.
   - **Automated Payment Tax**: 0.5% on digital transactions and a 2.5% surcharge on cash payments.
   - **Capital Gains Tax**: Tiered rates of 5-20% for long-term and 30-40% for short-term gains.
   - **Certificate of Entitlement**: 12% for vehicle permits and 18% for scheduled items.
   - **Sri Lanka Wealth Fund (SLWF)**: Various rates for different groups, with options for tax waivers if invested in the fund.

The background of the webpage is a simple white layout, with the text in a standard font. The webpage header indicates it is part of a finance section from the website "VoteLehan." There are no visible images, logos, or other branding elements in the content provided. The overall design is straightforward, focusing on the tax information presented in a clear and organized manner.
Californie, États‑Unis Écrit, publié et conçu en Californie, États‑Unis