Province income

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Province income is income that accrues to a country by virtue of its ownership of provinces. Provinces generate yearly income (the census tax), and monthly income.

No province generates any income of any kind while it is looted. Provinces also do not generate income for their owner when they are controlled or covered by an enemy. There is an exception, though, for AIs on normal, hard, and very hard; they do get income from all owned provinces regardless of the state of the province.

All owned provinces (including trading posts) generate trade taxes. (All provinces also create generated trade, although it is not province income.)

All settlements generate either gold income or production income. In addition, settlements with a center of trade generate trade tariffs, and settlements with a manufactory get manufactory income from it.

Finally, all cities generate province taxes, and based on that, census taxes.