Consulate Central Bank
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Headquarters | The League of Conservative Nations | ||
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Established | August 9, 2020 | ||
Ownership | Consulate of the Republic | ||
Chief Consul | Quebecshire | ||
Central bank of | The League of Conservative Nations | ||
Currency | Leaguecredit |
The Consulate Central Bank, abbreviated CCB, is the central financial body of The League of Conservative Nations.
The CCB is owned and operated by the Consulate of the Republic.
The Consulate employs a system of universal basic income and pays the government officials of the LCN through the bank.
The CCB is the institution that created and regulates the currency of the LCN, the Leaguecredit.
Contents
Government Provided Incomes
Occupation | Income per day |
---|---|
Citizen | 500 |
LPF Officer | 1,000 |
LCNFA Staff | |
LCNDA Staff | |
Chief of the Police Force | 2,000 |
Director of Foreign Affairs | |
LCNDA Director | |
Council Delegate | 5,000 |
The Consulate is also known to pay people via the bank for additional tasks, such as record-keeping or other government related work. The bank will also provide 10-50 Leaguecredits per message in eligible channels on the LCN Discord Server with a cooldown of one minute, to incentivize activity.
Pension Plans
Plan | per Day | Requirements |
---|---|---|
A | 2,000 | Former Heads of State and Government (Consuls, Prime Ministers, Presidents) |
B | 1,000 | Department Management Level Positions and High-Level Legislature (High Legislatures*, Old Cabinet Posts, DA/FA Director, LCNIA Director/GAF, etc.)
|
C | 500 | Low-level government positions (Diplomatic Agent, LCNIA/AF member, etc.) |
Eligibility:
|
Loans
The Consulate offers loans and will notorize inter-player loans. CFAC is also authorized to distribute and document official loans.
Taxes
Current Taxation Codes
- For profit business activity will be subject to a taxation of 10% on the profitable funds, unless distinctly stated by the Consulate to be exempt.
- At the present moment, as long as they benefit economic stability, the Creeperian Financial Assistance Corporation and LeagueFi are tax exempt.
- Gambling winnings that meet or exceed 100,000 in the instance will have the winnings taxed at 10%.
This is subject to future updates as deemed appropriate by the Consulate.[1]
Rules and Fines
Rules
- Loans must now be 15% interest or lower, no loan may exceed that rate.
- Any loans that include profit takes to the loaners must not exceed 85%. New regulation.
- Loans which do not include an action and exist solely for the coordinated duplication of money are henceforth considered illegal and embezzlement at the discretion of the Consulate.
Fines
The Consulate Central Bank retains the right to fine you for various reasons, including but not limited to what is listed below.
- Attempting to evade taxation.
- Using another account to transfer funds to give yourself an unfair advantage, or similar activity.
- Attempting to acquire more government property than directed, or attempting to sell it to others.
This is subject to future updates as deemed appropriate by the Consulate.[1]
Investors
Investment Process
Process for the Five Figure Investment:
- Go to #consulate-central-bank.
- Run the command ?buy five to spend 10,000 on the "Five Figure Investor" role.
- Run the command ?use five to use the role.
- Every day, you will earn 500. The role is indefinate.
Process for the Six Figure Investment:
- Go to #consulate-central-bank.
- Run the command ?buy six to spend 100,000 on the "Six Figure Investor" role.
- Run the command ?use six to use the role.
- Every day, you will earn 5,000. The role is indefinate.
Five Figure Investors
- Amaan land
- Calamari
- Creeperopolis
- Gagium
- Greater Sacramento
- Kanjuura
- Karimun
- Kawakaze
- Lyoa
- Protocol Rendezvous
- Quebecshire
- San Carlos Islands
- Spode Humbled Minions
- Terranihil
- The Constitutional Republic of Zion
- The Legion of Mankind
- Washingtonian Republic
- Willdavie
- Xusma
Six Figure Investors
- Amaan land
- Calamari
- Creeperopolis
- Gagium
- Greater Sacramento
- Kanjuura
- Karimun
- Kawakaze
- Lo Santano
- Lyoa
- Quebecshire
- Spode Humbled Minions
- Terranihil
- The Constitutional Republic of Zion
- The Legion of Mankind
- Washingtonian Republic
- Willdavie
- Xusma
See Also
- Leaguecredit
- Entities
- Other
References
- ↑ 1.0 1.1 Hire, Quebec S. (August 15, 2020). "CONSULATE CENTRAL BANK - FIRST PUBLICATION OF TAX CODES AND FINANCIAL PENALIZATION CONDITIONS". Consulate of the Republic. NationStates. The League of Conservative Nations: Consulate of the Republic. p. 1. Retrieved August 15, 2020.