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THE SOVEREIGN FISCAL BOURSE183/190 FISCAL SEATS OPEN • 7 CORRIDORS IN BENCHMARK ENCLAVE1-of-1 Exclusive Territory Monopolies

Master Sovereign Fiscal Charter & Auction Terminal

The institutional bidding terminal for elite government fiscal practices (Tier-1 Global Strategy Consultancies, Big Four Fiscal Practices, and Sovereign System Integrators). We license Professor Tax exclusively across 190 territorial fiscal lots (3 Tier-0 Supranational Bodies + 84 Sovereign Nations + 103 Sub-National Powerhouses) under an Anglo-Dutch Hybrid Auction & ROFR Engine.

Fiscal Bourse Rules & Telemetry
Supranational Charters:3 Global Bodies ($12.5M–$15M)
National Lots Available:84 Sovereign Nations ($1M–$15M)
Sub-National Lots:103 States, Cantons & DC ($750k–$1.5M)
Active Availability:183 Open • 7 In Benchmark Enclave
Pre-Emptive Override:Instant 2x Reserve Buyout
Strict Institutional Authenticity: Zero phantom locks. 183 lots are open for bidding; 7 secondary/benchmark corridors are held under internal venture/pilot enclaves.
🎬 40-SECOND EXECUTIVE DEMO

The 380-Seat Sovereign Charter Exchange (190 Fiscal + 190 Legal) & 3-Stage Anglo-Dutch Shootout

Narrated by Alexander Vance, J.D., LL.M. (AI Persona) • Watch how consultancies lock 1-of-1 country monopolies, navigate 48-hour encrypted shootouts, and access Sub-National spillover reserves.

Click to Play with Voice Narration
AI PersonaSpoken byAlexander Vance, J.D., LL.M.(Master Tax Strategist & AlphaSovereign Counsel)
AI PersonaAlexander Vance, J.D., LL.M.
0:00/0:00
THE 3-STAGE GAME-THEORY ENGINE

How Consultancies Compete for Country Tax Monopolies

Designed by forensic procurement attorneys to prevent lowball sandbagging, reward decisive first movers, and establish verifiable fair market clearing prices.

STAGE 1: 30-DAY SEALED BIDFIRST-MOVER ROFR

Sealed-Bid Initiation & ROFR Lock

Any qualified consultancy triggers a 30-day sealed-bid window by submitting the Reserve Price floor. The first qualifying applicant is awarded the Statutory ROFR Shield.

• Bids are fully blind, encrypted, and recorded on-ledger.
• Competitors cannot see rival amounts or participant IDs.
• Top 3 bids + ROFR holder advance to Stage 2.
Duration: 30 Calendar Days
STAGE 2: 48-HOUR SHOOTOUTDYNAMIC FLOOR

Encrypted Outbid Escalation

Stage 1 highest blind bid becomes the public floor. Finalists enter a 48-hour live outbid window. Every counter-bid in final 15 minutes adds +15 min soft-close extension.

• Minimum tick size: $250,000 above current high bid.
• Firm identities masked via cryptographic pseudonymity.
• Sniping at the zero-second mark is mathematically barred.
Duration: 48 Hours + 15m Overtime Extensions
STAGE 3: 24-HOUR ROFR MATCHFINAL RESOLUTION

First-Mover ROFR Final Match (+5%)

Once Stage 2 clears, the original First-Mover ROFR Holder has 24 hours to either top the final clearing price by +5% to claim the 12-month monopoly, or decline.

• If ROFR exercised: ROFR Holder wins at Final + 5%.
• If ROFR declined: Stage 2 high bidder is awarded seat.
• Outbid rivals automatically enter Sub-National spillover.
Window: 24 Hours Definitive Response
PROCUREMENT FEEDER RULE 4Non-Exclusive Token Access ➔ Total Rival Lockout
🟢 While Jurisdiction Is OPEN:

Any advisory firm may purchase standard Compute Token Blocks to run simulations and un-blur individual diagnostic dossiers on a pay-as-you-go, non-exclusive basis. Multiple consultancies can concurrently query open fiscal codes.

🔴 Upon 12-Month Exclusive Charter Lock:

The moment one consultancy locks the territory charter (via Stage 3 victory or 2x Pre-Emptive Buyout), all non-exclusive token access for rival consultancies in that jurisdiction is immediately terminated at the gateway. The charter holder becomes the sole authorized fiscal operator in that nation.

Warning: Token pay-as-you-go access provides zero tenure defense. When a rival locks your territory, your dossier access is cut off within 60 seconds.
LIVE AUCTION SHOOTOUT SIMULATORGAME-THEORY TEST BENCH

Simulating Bidding Shootout for: 🇩🇪 Germany

ENCRYPTED_AUCTION_AUDIT_LOGNODE: ACTIVE
Click "Start 3-Stage Simulation" to test the game theory on Germany.
Current High WatermarkSTAGE 1
$5,000,000 USD
Reserve Floor:$5,000,000
Pre-Emptive Override:$10,000,000
Active Timer:Day 30 of 30
THE 190 EXCLUSIVE FISCAL SEATS

Official 2026/2027 Territorial Fiscal Availability

Showing 190 of 190 Exclusive Fiscal Lots (183 Open • 7 Benchmark Enclave / Pilot Holds). All seats enforce 1-of-1 sole-source tax practice monopoly.

🇪🇺

European Union (DG TAXUD, CBAM & Fiscal State Aid Charter)

Supranational Fiscal & Customs Union
🟢 OPEN
Target Fiscal Institutions:European Commission (DG TAXUD, DG COMP Fiscal State Aid Task Force), European Parliament (ECON Committee) & Council of the EU Customs/CBAM Directorate
Reserve Floor:$15,000,000 / yr
Pre-Emptive 2x Lock:$30,000,000
🌐

OECD / G20 Inclusive Framework (Pillar Two GloBE Charter)

Global Direct Taxation & GloBE Standard Setter
🟢 OPEN
Target Fiscal Institutions:OECD Centre for Tax Policy and Administration (CTPA), Pillar Two GloBE Secretariat & BEPS Working Parties 1-11
Reserve Floor:$15,000,000 / yr
Pre-Emptive 2x Lock:$30,000,000
🌐

WTO & World Customs Organization (Global Tariffs & Customs Charter)

Multilateral Customs, Tariff & Subsidy Authority
🟢 OPEN
Target Fiscal Institutions:WCO Harmonized System (HS) Directorate, WTO Subsidies and Countervailing Measures (SCM) Committee & EU CBAM Tariff Directorate
Reserve Floor:$12,500,000 / yr
Pre-Emptive 2x Lock:$25,000,000
🇺🇸

United States

Federal IRC Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:U.S. Department of the Treasury, Internal Revenue Service (IRS), Senate Finance Committee, House Ways & Means & Joint Committee on Taxation (JCT)
Reserve Floor:$15,000,000 / yr
Pre-Emptive 2x Lock:$30,000,000
🇩🇪

Germany

Federal Direct & Corporate Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Bundesministerium der Finanzen (BMF), Finanzausschuss des Deutschen Bundestages & Bundeszentralamt für Steuern (BZSt)
Reserve Floor:$5,000,000 / yr
Pre-Emptive 2x Lock:$10,000,000
🇬🇧

United Kingdom

National Direct & Corporate Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:HM Treasury, HM Revenue & Customs (HMRC), House of Commons Treasury Committee & Office of the Parliamentary Counsel (OPC)
Reserve Floor:$5,000,000 / yr
Pre-Emptive 2x Lock:$10,000,000
🇫🇷

France

National Direct & Corporate Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministère de l'Économie et des Finances (Bercy / DGFiP), Commission des Finances de l'Assemblée Nationale & Conseil d'État
Reserve Floor:$5,000,000 / yr
Pre-Emptive 2x Lock:$10,000,000
🇨🇭

Switzerland

Federal DBG Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Eidgenössisches Finanzdepartement (EFD), Eidgenössische Steuerverwaltung (ESTV) & WAK-N / WAK-S Parliamentary Commissions
Reserve Floor:$3,500,000 / yr
Pre-Emptive 2x Lock:$7,000,000
🇨🇦

Canada

Federal Income Tax Act Sovereign
🟢 OPEN
Target Fiscal Institutions:Department of Finance Canada, Canada Revenue Agency (CRA), House of Commons Standing Committee on Finance & Legislation Section (Justice Canada)
Reserve Floor:$5,000,000 / yr
Pre-Emptive 2x Lock:$10,000,000
🇮🇹

Italy

National Direct & Corporate Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministero dell'Economia e delle Finanze (MEF), Agenzia delle Entrate & Commissione Finanze di Camera e Senato
Reserve Floor:$5,000,000 / yr
Pre-Emptive 2x Lock:$10,000,000
🇯🇵

Japan

National Direct & Corporate Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance (MOF), National Tax Agency (NTA / Kokuzeichō) & Diet Financial Affairs Committee
Reserve Floor:$5,000,000 / yr
Pre-Emptive 2x Lock:$10,000,000
🇦🇺

Australia

Commonwealth Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Australian Treasury, Australian Taxation Office (ATO), Senate Economics Legislation Committee & Office of Parliamentary Counsel (OPC)
Reserve Floor:$3,500,000 / yr
Pre-Emptive 2x Lock:$7,000,000
🇳🇱

Netherlands

Global Trade & Corporate Tax Hub
🟢 OPEN
Target Fiscal Institutions:Ministerie van Financiën, Belastingdienst & Vaste commissie voor Financiën der Tweede Kamer
Reserve Floor:$3,500,000 / yr
Pre-Emptive 2x Lock:$7,000,000
🇮🇪

Ireland

European Corporate Headquarters Hub
🟢 OPEN
Target Fiscal Institutions:Department of Finance, Office of the Revenue Commissioners & Oireachtas Committee on Budgetary Oversight
Reserve Floor:$3,500,000 / yr
Pre-Emptive 2x Lock:$7,000,000
🇸🇬

Singapore

Asian Financial Center Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance (MOF), Inland Revenue Authority of Singapore (IRAS) & Parliament Select Committee on Finance
Reserve Floor:$3,500,000 / yr
Pre-Emptive 2x Lock:$7,000,000
🇦🇪

United Arab Emirates

Federal Corporate Tax Sovereign (CT Law 47)
🟢 OPEN
Target Fiscal Institutions:UAE Ministry of Finance (MOF), Federal Tax Authority (FTA) & Federal National Council Financial Affairs Committee
Reserve Floor:$3,500,000 / yr
Pre-Emptive 2x Lock:$7,000,000
🇪🇸

Spain

National Direct & Corporate Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministerio de Hacienda, Agencia Estatal de Administración Tributaria (AEAT) & Comisión de Hacienda del Congreso de los Diputados
Reserve Floor:$3,500,000 / yr
Pre-Emptive 2x Lock:$7,000,000
🇦🇹

Austria

Federal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Bundesministerium für Finanzen (BMF), Finanzausschuss des Nationalrates & Amt für Großbetriebsprüfung
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇧🇪

Belgium

Federal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:SPF Finances / FOD Financiën, Service des Décisions Anticipées (SDA) & Commission des Finances de la Chambre des Représentants
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇱🇺

Luxembourg

European Financial Center Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministère des Finances, Administration des Contributions Directes (ACD) & Commission des Finances et du Budget de la Chambre
Reserve Floor:$3,500,000 / yr
Pre-Emptive 2x Lock:$7,000,000
🇨🇾

Cyprus

Eastern Mediterranean Holding Hub
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, Cyprus Tax Department (Τμήμα Φορολογίας) & House Standing Committee on Financial and Budgetary Affairs
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇲🇹

Malta

European Imputation System Tax Hub
🟢 OPEN
Target Fiscal Institutions:Ministry for Finance and Employment, Malta Commissioner for Revenue (CFR) & House Standing Committee on Public Accounts
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇰🇾

Cayman Islands

Offshore Financial Center Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Financial Services & Commerce, Cayman Islands Tax Information Authority (TIA) & Legislative Drafting Department
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇻🇬

British Virgin Islands

Global BVI Business Companies Hub
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, BVI International Tax Authority (ITA) & Legislative Council of the Virgin Islands
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇧🇲

Bermuda

Global Reinsurance & Financial Center
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, Bermuda Treaty & International Tax Unit & House of Assembly Public Accounts Committee
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇲🇨

Monaco

Zero Personal Tax Principality Sovereign
🟢 OPEN
Target Fiscal Institutions:Département des Finances et de l'Économie, Direction des Services Fiscaux de Monaco & Conseil National (Commission des Finances)
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇦🇩

Andorra

Low-Tax Pyrenean Principality Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministeri de Finances d'Andorra, Departament de Tributs i Fronteres & Comissió Legislativa de Finances i Pressupost del Consell General
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇱🇮

Liechtenstein

Alpine Asset Protection & Holding Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministerium für Präsidiales und Finanzen, Liechtensteinische Steuerverwaltung & Landtag Finanzausschuss
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇵🇦

Panama

Territorial Corporate Tax Sovereign
🔴 ENCLAVE
Target Fiscal Institutions:Ministerio de Economía y Finanzas (MEF), Dirección General de Ingresos (DGI) & Comisión de Economía y Finanzas de la Asamblea Nacional
🔴 RESERVED — INTERNAL BENCHMARK ENCLAVE:Dedicated reference corridor for Canal maritime logistics and territorial tax modeling. Maintained for internal foundation stress tests.
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇭🇰

Hong Kong

Territorial Sourcing Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Financial Services and the Treasury Bureau (FSTB), Inland Revenue Department (IRD) & Legislative Council Panel on Financial Affairs
Reserve Floor:$3,500,000 / yr
Pre-Emptive 2x Lock:$7,000,000
🇸🇦

Saudi Arabia

G20 Middle East Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, Zakat, Tax and Customs Authority (ZATCA) & Shura Council Finance Committee
Reserve Floor:$3,500,000 / yr
Pre-Emptive 2x Lock:$7,000,000
🇮🇳

India

Federal Income Tax Act 1961 Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance (Department of Revenue), Central Board of Direct Taxes (CBDT) & Parliamentary Standing Committee on Finance
Reserve Floor:$3,500,000 / yr
Pre-Emptive 2x Lock:$7,000,000
🇧🇷

Brazil

Federal Receita Federal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministério da Fazenda, Receita Federal do Brasil (RFB) & Comissão de Finanças e Tributação (CFT) da Câmara dos Deputados
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇲🇽

Mexico

Federal SAT Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Secretaría de Hacienda y Crédito Público (SHCP), Servicio de Administración Tributaria (SAT) & Comisión de Hacienda de la Cámara de Diputados
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇹🇷

Türkiye

National Direct & Corporate Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:T.C. Hazine ve Maliye Bakanlığı, Gelir İdaresi Başkanlığı (GİB) & TBMM Plan ve Bütçe Komisyonu
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇿🇦

South Africa

National SARS Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:National Treasury of South Africa, South African Revenue Service (SARS) & Standing Committee on Finance (SCOF)
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇰🇷

South Korea

National Direct & Corporate Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Economy and Finance (MOEF), National Tax Service (NTS / 국세청) & National Assembly Strategy and Finance Committee
Reserve Floor:$3,500,000 / yr
Pre-Emptive 2x Lock:$7,000,000
🇵🇱

Poland

National Polish Deal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministerstwo Finansów, Krajowa Administracja Skarbowa (KAS) & Sejmowa Komisja Finansów Publicznych
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇵🇹

Portugal

National Corporate & Expat Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministério das Finanças, Autoridade Tributária e Aduaneira (AT) & Comissão de Orçamento e Finanças da Assembleia da República
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇸🇪

Sweden

Nordic Direct & Corporate Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Finansdepartementet, Skatteverket & Riksdagens Finansutskott
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇳🇴

Norway

Nordic Petroleum & Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Finansdepartementet, Skatteetaten & Stortingets Finanskomité
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇩🇰

Denmark

Nordic Direct & Holding Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Skatteministeriet, Skatteforvaltningen (Skattestyrelsen) & Folketingets Skatteudvalg
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇫🇮

Finland

Nordic Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Valtiovarainministeriö / Finansministeriet, Verohallinto (Vero Skatt) & Eduskunnan Valtiovarainvaliokunta
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇬🇷

Greece

National Direct Tax & Expat Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of National Economy and Finance, Independent Authority for Public Revenue (AADE / ΑΑΔΕ) & Standing Committee on Economic Affairs
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇨🇿

Czech Republic

Central European Corporate Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministerstvo financí České republiky, Finanční správa ČR & Rozpočtový výbor Poslanecké sněmovny
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇭🇺

Hungary

9% Flat Corporate Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Pénzügyminisztérium, Nemzeti Adó- és Vámhivatal (NAV) & Országgyűlés Költségvetési Bizottsága
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇷🇴

Romania

Microenterprise & Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministerul Finanțelor, Agenția Națională de Administrare Fiscală (ANAF) & Comisia pentru Buget, Finanțe și Bănci
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇧🇬

Bulgaria

10% Flat Tax European Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, National Revenue Agency (NRA / НАП) & Parliamentary Committee on Budget and Finance
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇭🇷

Croatia

Adriatic Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministarstvo financija Republike Hrvatske, Porezna uprava & Saborski Odbor za financije i državni proračun
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇸🇰

Slovakia

Central European Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministerstvo financií Slovenskej republiky, Finančná správa SR & Výbor NR SR pre financie a rozpočet
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇸🇮

Slovenia

European Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministrstvo za finance Republike Slovenije, Finančna uprava Republike Slovenije (FURS) & Odbor za finance Državnega zbora
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇪🇪

Estonia

0% Distributed Profit CIT Pioneer
🟢 OPEN
Target Fiscal Institutions:Rahandusministeerium, Maksu- ja Tolliamet (MTA) & Riigikogu Rahanduskomisjon
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇱🇻

Latvia

Baltic Distributed CIT Sovereign
🟢 OPEN
Target Fiscal Institutions:Finanšu ministrija, Valsts ieņēmumu dienests (VID) & Saeimas Budžeta un finanšu (nodokļu) komisija
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇱🇹

Lithuania

Baltic FinTech & Direct Tax Hub
🟢 OPEN
Target Fiscal Institutions:Finansų ministerija, Valstybinė mokesčių inspekcija (VMI) & Seimo Biudžeto ir finansų komitetas
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇮🇸

Iceland

Nordic Island Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Fjármála- og efnahagsráðuneytið, Skatturinn & Alþingi Efnahags- og viðskiptanefnd
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇳🇿

New Zealand

Commonwealth Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:New Zealand Treasury, Inland Revenue Department (Te Tari Taake / IRD) & Finance and Expenditure Committee
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇮🇱

Israel

High-Tech IP Innovation Tax Hub
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, Israel Tax Authority (ITA) & Knesset Finance Committee
Reserve Floor:$3,500,000 / yr
Pre-Emptive 2x Lock:$7,000,000
🇨🇱

Chile

OECD Latin America Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministerio de Hacienda, Servicio de Impuestos Internos (SII) & Comisión de Hacienda de la Cámara de Diputados
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇨🇴

Colombia

Andean Direct Tax Sovereign
🟡 PILOT HOLD
Target Fiscal Institutions:Ministerio de Hacienda y Crédito Público, Dirección de Impuestos y Aduanas Nacionales (DIAN) & Comisión Tercera Constitucional
🟡 ALLOCATION HOLD — INSTITUTIONAL PILOT CORRIDOR:Allocation held for institutional Andean pact pilot and mining royalty simulation review.
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇵🇪

Peru

Andean Mining & Direct Tax Sovereign
🟡 PILOT HOLD
Target Fiscal Institutions:Ministerio de Economía y Finanzas (MEF), Superintendencia Nacional de Aduanas y de Administración Tributaria (SUNAT) & Comisión de Economía
🟡 ALLOCATION HOLD — INSTITUTIONAL PILOT CORRIDOR:Reserved under technical evaluation protocol for SUNAT transfer pricing benchmark validation.
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇦🇷

Argentina

Federal AFIP Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministerio de Economía, Agencia de Recaudación y Control Aduanero (ARCA / former AFIP) & Comisión de Presupuesto y Hacienda
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇺🇾

Uruguay

Latin American Holding & Free Zone Hub
🔴 ENCLAVE
Target Fiscal Institutions:Ministerio de Economía y Finanzas (MEF), Dirección General Impositiva (DGI) & Comisión de Hacienda de la Cámara de Representantes
🔴 RESERVED — INTERNAL BENCHMARK ENCLAVE:Exclusive internal benchmark calibration sandbox for Mercosur territorial tax regimes. Inquire with Enclave Benchmark Desk for academic / multilateral reference access.
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇨🇷

Costa Rica

Central American Territorial Tax Hub
🟡 PILOT HOLD
Target Fiscal Institutions:Ministerio de Hacienda, Dirección General de Tributación & Comisión de Asuntos Hacendarios de la Asamblea Legislativa
🟡 ALLOCATION HOLD — INSTITUTIONAL PILOT CORRIDOR:Temporarily held under institutional bilateral pilot program. Formal bidding opens Q4 2026 subject to sovereign pilot completion.
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇧🇸

Bahamas

Zero Direct Tax Commonwealth Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, Department of Inland Revenue (DIR) & House of Assembly Public Accounts Committee
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇧🇧

Barbados

Caribbean Business Companies Tax Hub
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, Economic Affairs and Investment, Barbados Revenue Authority (BRA) & Standing Finance Committee
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇲🇺

Mauritius

Indian Ocean Treaty & Fund Routing Hub
🟡 PILOT HOLD
Target Fiscal Institutions:Ministry of Finance, Economic Planning and Development, Mauritius Revenue Authority (MRA) & Legislative Assembly
🟡 ALLOCATION HOLD — INSTITUTIONAL PILOT CORRIDOR:Under active institutional bilateral review with treaty routing working group. General bidding paused.
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇸🇨

Seychelles

Offshore IBC Direct Tax Sovereign
🔴 ENCLAVE
Target Fiscal Institutions:Ministry of Finance, National Planning and Trade, Seychelles Revenue Commission (SRC) & National Assembly Finance Committee
🔴 RESERVED — INTERNAL BENCHMARK ENCLAVE:Reference enclave node for Indian Ocean offshore structuring stress-tests. Maintained exclusively for benchmark verification.
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇬🇮

Gibraltar

12.5% Mediterranean Corporate Tax Hub
🟢 OPEN
Target Fiscal Institutions:Ministry of Digital and Financial Services, Gibraltar Income Tax Office & Gibraltar Parliament
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇮🇲

Isle of Man

Crown Dependency 0% Corporate Sovereign
🟢 OPEN
Target Fiscal Institutions:The Treasury of the Isle of Man, Income Tax Division & Tynwald Standing Committee on Public Accounts
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇯🇪

Jersey

Crown Dependency Financial & Trust Hub
🟢 OPEN
Target Fiscal Institutions:Treasury and Resources Department, Revenue Jersey & States Assembly Corporate Services Scrutiny Panel
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇬🇬

Guernsey

Crown Dependency Investment Fund Hub
🟢 OPEN
Target Fiscal Institutions:Policy & Resources Committee, Guernsey Revenue Service & States of Deliberation Scrutiny Management Committee
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇶🇦

Qatar

GCC Energy & Low CIT Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, General Tax Authority (GTA) & Shura Council Financial and Economic Affairs Committee
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇰🇼

Kuwait

GCC Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, Department of Taxes & National Assembly Financial and Economic Affairs Committee
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇧🇭

Bahrain

GCC Financial Center Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance and National Economy, National Bureau for Revenue (NBR) & Shura Council Financial Affairs Committee
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇴🇲

Oman

GCC Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, Tax Authority of Oman & Majlis A'Shura Economic and Financial Committee
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇲🇾

Malaysia

Southeast Asian Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance (MOF), Inland Revenue Board of Malaysia (LHDNM) & Parliamentary Special Select Committee on Finance
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇹🇭

Thailand

Southeast Asian Corporate Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, Revenue Department (RD) & House of Representatives Budget and Finance Committee
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇮🇩

Indonesia

Southeast Asian Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Kementerian Keuangan, Direktorat Jenderal Pajak (DJP) & Komisi XI DPR RI (Keuangan dan Perbankan)
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇵🇭

Philippines

CREATE Act Corporate Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Department of Finance (DOF), Bureau of Internal Revenue (BIR) & House Committee on Ways and Means
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇻🇳

Vietnam

Global Manufacturing Hub CIT Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance (MOF), General Department of Taxation (GDT) & National Assembly Committee on Financial and Budgetary Affairs
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇹🇼

Taiwan

High-Tech Semiconductor Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance (R.O.C.), National Taxation Bureau & Legislative Yuan Finance Committee
Reserve Floor:$3,500,000 / yr
Pre-Emptive 2x Lock:$7,000,000
🇪🇬

Egypt

North African Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, Egyptian Tax Authority (ETA) & House of Representatives Planning and Budget Committee
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇲🇦

Morocco

Casablanca Finance City Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministère de l'Économie et des Finances, Direction Générale des Impôts (DGI) & Commission des Finances et du Développement Économique
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇳🇬

Nigeria

West African Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Federal Ministry of Finance, Federal Inland Revenue Service (FIRS) & National Assembly Senate Committee on Finance
Reserve Floor:$2,000,000 / yr
Pre-Emptive 2x Lock:$4,000,000
🇰🇪

Kenya

East African Tech & Direct Tax Hub
🟢 OPEN
Target Fiscal Institutions:National Treasury and Economic Planning, Kenya Revenue Authority (KRA) & National Assembly Departmental Committee on Finance
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇬🇭

Ghana

West African Resource Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, Ghana Revenue Authority (GRA) & Parliament Finance Committee
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇰🇿

Kazakhstan

AIFC Eurasian Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Ministry of Finance, State Revenue Committee & Mazhilis Committee on Finance and Budget
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Alabama

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Alabama Department of Revenue
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Alaska

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Alaska Department of Revenue (Oil & Gas Royalty Division)
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Arizona

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Arizona Department of Revenue
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Arkansas

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Arkansas Department of Finance and Administration
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of California

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Franchise Tax Board (FTB) & CDTFA
Reserve Floor:$1,500,000 / yr
Pre-Emptive 2x Lock:$3,000,000
🇺🇸

State of Colorado

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Colorado Department of Revenue
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Connecticut

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Connecticut Department of Revenue Services
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Delaware

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Delaware Division of Revenue & Division of Corporations
Reserve Floor:$1,500,000 / yr
Pre-Emptive 2x Lock:$3,000,000
🇺🇸

State of Florida

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Florida Department of Revenue
Reserve Floor:$1,500,000 / yr
Pre-Emptive 2x Lock:$3,000,000
🇺🇸

State of Georgia

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Georgia Department of Revenue
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Hawaii

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Hawaii Department of Taxation
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Idaho

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Idaho State Tax Commission
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Illinois

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Illinois Department of Revenue
Reserve Floor:$1,250,000 / yr
Pre-Emptive 2x Lock:$2,500,000
🇺🇸

State of Indiana

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Indiana Department of Revenue
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Iowa

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Iowa Department of Revenue
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Kansas

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Kansas Department of Revenue
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Kentucky

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Kentucky Department of Revenue
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Louisiana

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Louisiana Department of Revenue
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Maine

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Maine Revenue Services
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Maryland

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Comptroller of Maryland
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Massachusetts

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Massachusetts Department of Revenue
Reserve Floor:$1,250,000 / yr
Pre-Emptive 2x Lock:$2,500,000
🇺🇸

State of Michigan

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Michigan Department of Treasury
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Minnesota

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Minnesota Department of Revenue
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Mississippi

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Mississippi Department of Revenue
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Missouri

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Missouri Department of Revenue
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Montana

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Montana Department of Revenue
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Nebraska

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Nebraska Department of Revenue
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Nevada

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Nevada Department of Taxation & Secretary of State
Reserve Floor:$1,250,000 / yr
Pre-Emptive 2x Lock:$2,500,000
🇺🇸

State of New Hampshire

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:New Hampshire Department of Revenue Administration
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of New Jersey

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:New Jersey Division of Taxation
Reserve Floor:$1,250,000 / yr
Pre-Emptive 2x Lock:$2,500,000
🇺🇸

State of New Mexico

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:New Mexico Taxation and Revenue Department
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of New York

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:New York State Department of Taxation and Finance (DTF)
Reserve Floor:$1,500,000 / yr
Pre-Emptive 2x Lock:$3,000,000
🇺🇸

State of North Carolina

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:North Carolina Department of Revenue
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of North Dakota

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:North Dakota Office of State Tax Commissioner
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Ohio

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Ohio Department of Taxation
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Oklahoma

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Oklahoma Tax Commission
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Oregon

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Oregon Department of Revenue
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Pennsylvania

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Pennsylvania Department of Revenue
Reserve Floor:$1,250,000 / yr
Pre-Emptive 2x Lock:$2,500,000
🇺🇸

State of Rhode Island

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Rhode Island Division of Taxation
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of South Carolina

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:South Carolina Department of Revenue
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of South Dakota

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:South Dakota Department of Revenue
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Tennessee

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Tennessee Department of Revenue
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Texas

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Texas Comptroller of Public Accounts
Reserve Floor:$1,500,000 / yr
Pre-Emptive 2x Lock:$3,000,000
🇺🇸

State of Utah

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Utah State Tax Commission
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Vermont

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Vermont Department of Taxes
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Virginia

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Virginia Department of Taxation
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Washington

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Washington State Department of Revenue
Reserve Floor:$1,250,000 / yr
Pre-Emptive 2x Lock:$2,500,000
🇺🇸

State of West Virginia

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:West Virginia State Tax Department
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

State of Wisconsin

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Wisconsin Department of Revenue
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇺🇸

State of Wyoming

Sub-National Tax & Revenue Authority
🟢 OPEN
Target Fiscal Institutions:Wyoming Department of Revenue
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇺🇸

District of Columbia (Washington D.C.)

Sub-National Sovereign Capital Tax Enclave
🟢 OPEN
Target Fiscal Institutions:DC Office of Tax and Revenue (OTR) & K-Street Municipal Policy Desk
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇨🇭

Kanton Zurich (Zürich)

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Kantonales Steueramt Zürich
Reserve Floor:$1,250,000 / yr
Pre-Emptive 2x Lock:$2,500,000
🇨🇭

Kanton Bern (Berne)

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Steuerverwaltung des Kantons Bern
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇨🇭

Kanton Lucerne (Luzern)

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Dienststelle Steuern des Kantons Luzern
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇨🇭

Kanton Uri

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Amt für Steuern des Kantons Uri
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇭

Kanton Schwyz

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Kantonale Steuerverwaltung Schwyz
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇨🇭

Kanton Obwalden

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Kantonale Steuerverwaltung Obwalden
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇭

Kanton Nidwalden

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Kantonale Steuerverwaltung Nidwalden
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇭

Kanton Glarus

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Steuerverwaltung des Kantons Glarus
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇭

Kanton Zug

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Steuerverwaltung Kanton Zug & Volkswirtschaftsdirektion
Reserve Floor:$1,500,000 / yr
Pre-Emptive 2x Lock:$3,000,000
🇨🇭

Kanton Fribourg (Freiburg)

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Service des contributions de l'État de Fribourg
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇭

Kanton Solothurn

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Steueramt des Kantons Solothurn
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇭

Kanton Basel-Stadt

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Steuerverwaltung Basel-Stadt (Life Sciences & Pharma Desk)
Reserve Floor:$1,250,000 / yr
Pre-Emptive 2x Lock:$2,500,000
🇨🇭

Kanton Basel-Landschaft

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Steuerverwaltung Basel-Landschaft
Reserve Floor:$850,000 / yr
Pre-Emptive 2x Lock:$1,700,000
🇨🇭

Kanton Schaffhausen

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Kantonale Steuerverwaltung Schaffhausen
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇭

Kanton Appenzell Ausserrhoden

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Kantonale Steuerverwaltung Appenzell A.Rh.
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇭

Kanton Appenzell Innerrhoden

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Kantonale Steuerverwaltung Appenzell I.Rh.
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇭

Kanton St. Gallen

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Kantonales Steueramt St. Gallen
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇨🇭

Kanton Graubünden (Grisons)

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Steuerverwaltung Graubünden
Reserve Floor:$850,000 / yr
Pre-Emptive 2x Lock:$1,700,000
🇨🇭

Kanton Aargau

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Kantonales Steueramt Aargau
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇨🇭

Kanton Thurgau

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Kantonale Steuerverwaltung Thurgau
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇭

Kanton Ticino

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Divisione delle contribuzioni del Cantone Ticino
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇨🇭

Kanton Vaud

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Direction générale de la fiscalité (Vaud / Lake Geneva)
Reserve Floor:$1,250,000 / yr
Pre-Emptive 2x Lock:$2,500,000
🇨🇭

Kanton Valais (Wallis)

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Service cantonal des contributions du Valais
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇭

Kanton Neuchâtel

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Service des contributions de Neuchâtel
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇭

Kanton Geneva (Genève)

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Administration fiscale cantonale de Genève (Commodities & Wealth)
Reserve Floor:$1,500,000 / yr
Pre-Emptive 2x Lock:$3,000,000
🇨🇭

Kanton Jura

Sub-National Cantonal Direct Tax Sovereign
🟢 OPEN
Target Fiscal Institutions:Service des contributions du Jura
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇩🇪

Land Baden-Württemberg

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Finanzministerium Baden-Württemberg & Oberfinanzdirektion Karlsruhe
Reserve Floor:$1,250,000 / yr
Pre-Emptive 2x Lock:$2,500,000
🇩🇪

Land Bavaria (Freistaat Bayern)

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Bayerisches Staatsministerium der Finanzen und für Heimat (StMFH)
Reserve Floor:$1,500,000 / yr
Pre-Emptive 2x Lock:$3,000,000
🇩🇪

Land Berlin

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Senatsverwaltung für Finanzen Berlin
Reserve Floor:$1,250,000 / yr
Pre-Emptive 2x Lock:$2,500,000
🇩🇪

Land Brandenburg

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Ministerium der Finanzen und für Europa des Landes Brandenburg
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇩🇪

Land Bremen

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Der Senator für Finanzen der Freien Hansestadt Bremen
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇩🇪

Land Hamburg

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Finanzbehörde der Freien und Hansestadt Hamburg
Reserve Floor:$1,250,000 / yr
Pre-Emptive 2x Lock:$2,500,000
🇩🇪

Land Hessen

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Hessisches Ministerium der Finanzen (Frankfurt Financial Center Desk)
Reserve Floor:$1,500,000 / yr
Pre-Emptive 2x Lock:$3,000,000
🇩🇪

Land Mecklenburg-Vorpommern

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Finanzministerium Mecklenburg-Vorpommern
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇩🇪

Land Lower Saxony (Niedersachsen)

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Niedersächsisches Finanzministerium
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇩🇪

Land North Rhine-Westphalia (NRW)

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Ministerium der Finanzen des Landes Nordrhein-Westfalen
Reserve Floor:$1,500,000 / yr
Pre-Emptive 2x Lock:$3,000,000
🇩🇪

Land Rhineland-Palatinate (Rheinland-Pfalz)

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Ministerium der Finanzen Rheinland-Pfalz
Reserve Floor:$850,000 / yr
Pre-Emptive 2x Lock:$1,700,000
🇩🇪

Land Saarland

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Ministerium der Finanzen und für Wissenschaft Saarland
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇩🇪

Land Saxony (Freistaat Sachsen)

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Sächsisches Staatsministerium der Finanzen (Silicon Saxony)
Reserve Floor:$850,000 / yr
Pre-Emptive 2x Lock:$1,700,000
🇩🇪

Land Saxony-Anhalt (Sachsen-Anhalt)

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Ministerium der Finanzen des Landes Sachsen-Anhalt
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇩🇪

Land Schleswig-Holstein

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Finanzministerium des Landes Schleswig-Holstein
Reserve Floor:$850,000 / yr
Pre-Emptive 2x Lock:$1,700,000
🇩🇪

Land Thuringia (Freistaat Thüringen)

Sub-National State Tax Authority & Landeskabinett
🟢 OPEN
Target Fiscal Institutions:Thüringer Finanzministerium
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇦

Province of Alberta

Sub-National Provincial Ministry of Finance
🟢 OPEN
Target Fiscal Institutions:Alberta Treasury Board and Finance
Reserve Floor:$1,000,000 / yr
Pre-Emptive 2x Lock:$2,000,000
🇨🇦

Province of British Columbia

Sub-National Provincial Ministry of Finance
🟢 OPEN
Target Fiscal Institutions:BC Ministry of Finance
Reserve Floor:$1,250,000 / yr
Pre-Emptive 2x Lock:$2,500,000
🇨🇦

Province of Manitoba

Sub-National Provincial Ministry of Finance
🟢 OPEN
Target Fiscal Institutions:Manitoba Finance
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇦

Province of New Brunswick

Sub-National Provincial Ministry of Finance
🟢 OPEN
Target Fiscal Institutions:New Brunswick Department of Finance and Treasury Board
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇦

Province of Newfoundland and Labrador

Sub-National Provincial Ministry of Finance
🟢 OPEN
Target Fiscal Institutions:Newfoundland and Labrador Department of Finance
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇦

Province of Nova Scotia

Sub-National Provincial Ministry of Finance
🟢 OPEN
Target Fiscal Institutions:Nova Scotia Department of Finance and Treasury Board
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇦

Province of Ontario

Sub-National Provincial Ministry of Finance
🟢 OPEN
Target Fiscal Institutions:Ontario Ministry of Finance
Reserve Floor:$1,500,000 / yr
Pre-Emptive 2x Lock:$3,000,000
🇨🇦

Province of Prince Edward Island

Sub-National Provincial Ministry of Finance
🟢 OPEN
Target Fiscal Institutions:PEI Department of Finance
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000
🇨🇦

Province of Quebec (Québec)

Sub-National Provincial Ministry of Finance
🟢 OPEN
Target Fiscal Institutions:Ministère des Finances du Québec & Revenu Québec
Reserve Floor:$1,500,000 / yr
Pre-Emptive 2x Lock:$3,000,000
🇨🇦

Province of Saskatchewan

Sub-National Provincial Ministry of Finance
🟢 OPEN
Target Fiscal Institutions:Saskatchewan Ministry of Finance
Reserve Floor:$750,000 / yr
Pre-Emptive 2x Lock:$1,500,000