Relatio de ordine novo tributorum exigendorum (Nova Roma)
Decree concerning a new ordering of tax collection
I. As already approved under the senatus consultum passed in prid. Kal. Sept. ‡ Cn. Salvio Cn. Equitio cos. ‡ MMDCCLVII a.u.c. so titled "...establish a European bank account that will allow easier fund transfers", and in congruence with article VIII of the senatus consultum de tributis perpetuis a.d. III Kal. Feb. ‡ M. Metello D. Aurelio cos. ‡ MMDCCLXXIX a.u.c., the decree hereby instructs the the curator aerarii to establish a European-based bank account in the name of Nova Roma.
II. The curator aerarii is to identify and instruct one of the existing quaestores aerarii or an appointed treasury account manager (so defined under the senatus consultum de quaestoribus aerariis constituendis), to establish a bank account that can be used to accept tax payer payments through the standard Single Euro Payments Area (SEPA) payment method, accepting Euro transfers. The account should have minimal or no ongoing fees. The account should be in the name of Nova Roma Inc. As required, a consul may be approached and is instructed to produce a supporting formal signed letter, that will support this decree (acting as the official board-of-directors minutes), allowing the appointed individual to open an account in the name of Nova Roma. If an account in the name of Nova Roma is not possible, then online-only accounts, such as Wise and Revolut should be explored, that are managed in the name of a trusted individual citizen (the existing quaestores aerarii, or an appointed treasury account manager) or the curator aerarii as a first preference.
III. Ensuring to meet the conditions of article IV.C of the senatus consultum de quaestoribus aerariis constituendis, the curator aerarii is pre-approved by the senate to appoint a new treasury account manager, that lives within the European Union, if one of the existing quaestores aerarii, or the curator themselves, are not suitable or unable to support this task. The curator is to inform the consuls and the praefectus rei publicae administrandae of any such appointment.
IV. The new EUR account is to be established within 3 months of the enactment of this decree.
V. Acknowledging the new accepted currency to pay transfer funds to Nova Roma, the senate stipulates the following fixed equivalent rates citizens may elect to pay their taxes. These rates are not based on exchange rates of the day, but based on cost-of-living index benchmarked to the United States through an average weighted Eurozone Purchasing Power Parity (PPP) across a selection of main eurozone economies (Germany, France, Italy, Spain, Netherlands, Belgium, Austria, Ireland). Based on WorldData information, and stats by OECD/World Bank/Eurostat, the calculation was made as follows:
- EUR price = USD price × (eurozone cost index ÷ US cost index); EUR price = USD price × (80 ÷ 100) = USD price × 0.80.
The defined European rates for tax payment are as follows and are to be published alongside current tax information:
- A. tributum capitis: €7
- B. full basic tax: €12
- C. discounted treasury tribune tax: €22
- D. full treasury tribune tax: €36
- E. discounted equestrian tax: €65
- F. full equestrian tax: €108