No edit summary |
|||
| Line 2: | Line 2: | ||
== Tax Options == |
== Tax Options == |
||
| − | When a player has the misfortune to land here, they must immediately choose one of two options: estimate their taxes at $200 and pay to the Bank, or choose to pay 10% of their total assets. This includes: Total cash on hand, printed price of unmortgaged properties, mortgage value of mortgaged properties, and printed prices of buildings owned. For instance, a total of $2134 would result in paying $214 as 10%. Generally, it is better to pay 10% until you have passed [[GO]] 3 times, unless you think you have very low holdings and want to pay the 10%. Some rules allow for ONLY the $200 fee, like the British Edition and the Pogo.com edition. Also, some house rules mandate that Income Tax always be 10%, or some other value. In the [[Monopoly: The Mega Edition|Mega Edition]], Income Tax is the 5th space rather than the 4th. As of September 2008, the new regular Monopoly games only have the $200 Income Tax, excluding the 10%. |
+ | When a player has the misfortune to land here, they must immediately choose one of two options: estimate their taxes at $200 and pay to the Bank, or choose to pay 10% of their total assets. This includes: Total cash on hand, printed price of unmortgaged properties, mortgage value of mortgaged properties, and printed prices of buildings owned. For instance, a total of $2134 would result in paying $214 as 10%. Generally, it is better to pay 10% until you have passed [[GO]] 3 times, unless you think you have very low holdings and want to pay the 10%. Some rules allow for ONLY the $200 fee, like the British Edition and the Pogo.com edition. Also, some house rules mandate that Income Tax always be 10%, or some other value. In the [[Monopoly: The Mega Edition|Mega Edition]], Income Tax is the 5th space rather than the 4th. As of September 2008, the new regular Monopoly US version games only have the $200 Income Tax, excluding the 10%. |
[[Category:Taxes]] |
[[Category:Taxes]] |
||
Revision as of 21:36, 26 October 2010
Income Tax is the fourth space on a standard Monopoly set, and is one of the least-liked space.
Tax Options
When a player has the misfortune to land here, they must immediately choose one of two options: estimate their taxes at $200 and pay to the Bank, or choose to pay 10% of their total assets. This includes: Total cash on hand, printed price of unmortgaged properties, mortgage value of mortgaged properties, and printed prices of buildings owned. For instance, a total of $2134 would result in paying $214 as 10%. Generally, it is better to pay 10% until you have passed GO 3 times, unless you think you have very low holdings and want to pay the 10%. Some rules allow for ONLY the $200 fee, like the British Edition and the Pogo.com edition. Also, some house rules mandate that Income Tax always be 10%, or some other value. In the Mega Edition, Income Tax is the 5th space rather than the 4th. As of September 2008, the new regular Monopoly US version games only have the $200 Income Tax, excluding the 10%.