Chapter 702: Wu Sangui's Strategist

Is the tax rate of 30 tax 1 low for ocean trade?

It's low in theory, but it's not low in practice.

Because these are just the taxes on the surface, there is also a hidden tax: Daming Yuanbao!

The merchant exchanged the goods for a large amount of silver from the East, but the silver could not be taken away directly, but was exchanged for the Ming Yuanbao in the city.

The silver content of a Daming Yuanbao is only nine coins and one cent.

The merchant would lose nine cents of silver.

That is, the rate of hidden tax is nine percent.

Thirty taxes at one rate

"Da Ming: Crossing Emperor Chongzhen, Starting a Rope" Chapter 702 Wu Sangui's strategist is hitting with his hand, please wait a moment,

Once the content is updated, please refresh the page again to get the latest updates!