Living In Another World With A Farm

Chapter 580: The hot island of gold (3 in 1)

Translator: 549690339

They were going to build a shop on the island of gold as soon as possible. Now, Laura’s former subordinates had also entered the island of gold and were officially in charge.

Soon, Golden Island became prosperous. Not only was the price on Golden Island cheap, but the tax was also not high. They could also have a legal identity there. As long as they didn’t break the rules of Golden Island, they could do whatever they wanted.

The Pirates were, of course, happy. Even if they were rich in the past, they couldn’t have lived so freely. They didn’t dare to walk on the streets for fear of being caught.

However, it was different now. On the Golden Island, they could walk around freely. As long as they didn’t break the laws of the Golden Island, the undead creatures patrolling the streets wouldn’t even bother to look at them.

In the beginning, they weren’t used to the undead creatures patrolling the streets, but they gradually got used to it. The undead creatures did a really good job. As long as you didn’t cause trouble on the island of gold, they wouldn’t notice you at all. However, if you caused trouble on the island of gold, they wouldn’t be polite.

The Pirates saw with their own eyes that a pirate took something on Golden Island without paying and even fought with the shop owner for a hostage. That person was immediately taken away by the undead creatures and was only released after being whipped a few times.

If that was the case, it wasn’t strange at all. However, the strange thing was that that man was from the carci family. Of course, he was very arrogant when he was captured and claimed that he was from the carci family. If these undead creatures dared to touch him, he would definitely teach Zhao Hai a lesson.

However, nothing happened to him after the undead creatures beat him up. On the contrary, it was said that the man was severely punished by the kalci family.

There were many small merchants who no longer transported their goods to other places. Instead, they transported them directly to the island of gold. As long as they were within a thousand miles of the island of gold, they would be safe.

Of course, there were some Pirates who didn’t believe in this. After the Buda family announced this rule, they continued to Rob in the sea around the Golden Island.

However, regardless of whether they did it during the day or at night, the Buda family would be the first to know if they had fired the magic cannons. After that, the pirate gang would definitely be destroyed.

After three pirate gangs were destroyed in a row, the Pirates finally became honest. They knew that the pirate gang must have their own way of sending messages. Otherwise, it was impossible to know so much.

To the Pirates, although the Buda family’s actions might affect their income, it wouldn’t be too big of an impact. On the contrary, it would be very beneficial to their income.

Some of the goods transported by the merchants were to be sold on Golden Island. In the end, those goods would fall into the hands of the Pirates, so they were not in a hurry.

Because many merchants would ship their goods to Golden Island, the price of these goods would naturally be low. In the end, the Pirates were the ones who saved money, so the Pirates were very popular with the merchants.

However, it was impossible for the Pirates not to Rob. They would still Rob, but all the Pirates who entered Golden Island could not report their pirate gang. It was very difficult to track them down even if they wanted to. Therefore, Zhao Hai was not worried about the income of Golden Island.

Zhao Hai set the tax on Golden Island very low. Zhao Hai didn’t collect tax based on the total amount of goods you transported, but based on the transaction amount.

Zhao Hai made it clear that the tax rate on Golden Island would not be adjusted. It would always be the same price. Zhao Hai knew that as long as the tax rate was low and the service was good, Golden Island would become famous sooner or later. As long as the brand was established, more merchants would come to Golden Island in the future. They might not want to trade with Pirates but just trade some ordinary goods. However, these taxes were enough.

It had been more than a month since the calci family had entered the island of gold, and it had ushered in the peak of its development. Whether it was Pirates or ordinary merchants, they all liked to trade on the island of gold because the taxes there were really cheap.

In other places, although their taxes weren’t very high, they weren’t low either. Take Tianshui city as an example. The ordinary tax in Tianshui city was 8% to 5% of the total goods, and the other goods could reach 10% to 15%.

However, on Golden Island, the tax on ordinary goods was only one percent, while the tax on some other goods could reach two to three percent.

The division between common goods and multi-tax goods was based on whether they were strategic materials. If they were strategic materials, the tax would be higher; if not, the search tax would be lower.

What’s more, Golden Island collected trade tax, not the total amount of goods. Trade tax was that if you bought a product, you had to pay the tax. If you didn’t sell it, you didn’t have to pay tax.

All goods would have some damage. In other places, such damage would also be taxed, but on Golden Island, there was no need to pay taxes.

In many people’s eyes, this way, many merchants could evade tax. However, there was almost no such situation on Golden Island.

When goods entered the island, the total amount of goods would be checked and then recorded. The trading volume would be checked once a month before tax was collected.

All the inspections were done by the undead creatures. Undead creatures didn’t collect money, so the inspections were more detailed. Therefore, it was very difficult for the merchants to evade taxes.

In order to prevent the merchants from making false claims about the damages, Zhao Hai even borrowed the invoice system on earth. Every time you entered a transaction, you had to issue an invoice, and the island would have to follow the invoice to collect taxes.

In order to prevent people from making false damages to avoid tax, Zhao Hai even evaluated the damages of all the commodities and calculated the average value. If 5 out of 100 sets of commodities were damaged, and the average value was about 6%, the 5% of the commodities would not be taxed. If the average value of the commodities was 5%, and the total value was 10%, Zhao Hai would be fined. Each item would be 100% more taxed.

Of course, in this case, there might be people who were wronged. For example, if they encountered a Typhoon, the goods would be damaged more. This way, they could report when they landed on the island. However, when they paid taxes, they could hand over the extra damaged goods and be exempted from tax.

This would put an end to most cases of tax evasion, but there would still be some people who escaped. Zhao Hai thought of another way, which was to reward. If someone took the initiative to report someone for tax evasion, as long as the investigation was true, he would be heavily rewarded. This way, there would be almost no tax evasion on the entire Golden Island.

The Golden Island had been opened in a rush, and the business on the island was also very good. This made everyone on the continent envious, but at the same time, they also knew that they couldn’t provoke the Golden Island.

Zhao Hai had done a lot of things to establish his authority. He had even offended two big families. However, Zhao Hai didn’t care. If he didn’t do this, he would never be able to open up the situation on Golden Island.

During this process, Zhao Hai also made a lot of money. Many merchants came to the island and wanted to build their own storefronts. This made the island’s construction team busy. Zhao Hai made a lot of money from the construction team alone.

The merchants on the island were not stupid. They would check before they started construction. If the price of the construction team on the island was high, they would rather buy their own materials and find their own people to carry out the construction. However, after checking, they found that the construction team on the island was not expensive at all compared to the construction team in other cities on the mainland. On the contrary, it was cheaper. Therefore, the people on the island were willing to find the construction team on the island to work.

Visit and read more novel to help us update chapter quickly. Thank you so much!