Tax Compliance

Income producing activities within the Prospera ZEDE (PZ) carry the obligation to declare and pay taxes to the PZ. Noncompliant actors will face the following actions.

1. Having your name or company published as a tax offender on the official List of Tax Offenders under article 135 of the Próspera Tax Statute.

2. Being served a notice of assessment on you or your company declaring the amount of tax due and unpaid, as well as imposing penalties and interest for failing to file your tax return under Articles 122, 123, 124, 127 of the Próspera Tax Statute.

3. Being served a notice of charge (tax lien) on you or your company which shall attach to your or your company’s assets for recovery of unpaid taxes, penalties and interest under Article 114 of the Próspera Tax Statute.

4. Having a proceeding filed against you or your company to recover tax, interest and penalties before the Próspera Arbitration Center under Articles 112 and 128 of the Próspera Tax Statute, including the recovery of reasonable litigation expenses, including attorney’s fees.

5. Terminating your (e)Resident Agreement of Coexistence and exercising all available remedies of ejection, distraint and foreclosure.

The Public List of Tax Offenders

Under Section 135 of the Próspera Tax Statute, the Tax Commissioner may publish a list of persons who have failed to file their Tax Statement or pay tax, interest, or penalties on time. The list may be published in the same manner as Regulations or interpretive Resolutions, in a newspaper circulating in the PZ, in the PZ Personal Registry, or on the Commissioner's or PZ's website.

For each person, the published list may specify:

• the name and address of the person;

• the offending conduct;

• the period during which the conduct occurred;

• the amount of tax involved; and

• particulars of the circumstances.

The current list is maintained on the official Próspera ZEDE site at List of Tax Offenders.

Staying Compliant

Filing on time is simple and can be done entirely online — see Filing Taxes in ePróspera. If you have no income for a tax period, you should still file a return with zeroes to reduce the likelihood of an audit.