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6.2.2.9: Market Taxes

Markets are located in cities and in trading guilds (which are themselves located in cities). A noble who rules a market (by virtue of ruling the province in which the market is located) may tax the market. The tax on a market is a rate of 0 to 25%. For each sale that occurs in the market, that percentage of the sale is placed into the local garrison.

For example, if a market has a tax rate of 5% and a merchant sells 27 lumber for 13 gold apiece, then 5% of the total sale price (i.e., 5% of 351 gold, or 17 gold) will be placed into the local garrison and the seller will receive the remainder of the sale price.

The tax rate is set with the tax order. Note that new market tax rates do not go into effect until the end of the month.