Simcountry is a multiplayer Internet game in which you are the president, commander in chief, and industrial leader. You have to make the tough decisions about cutting or raising taxes, how to allocate the federal budget, what kind of infrastructure you want, etc..
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Corporation Taxes

Topics: Beginners: Corporation Taxes

Wilhelm IV

Thursday, March 30, 2017 - 10:37 pm Click here to edit this post
My tax percentage is 52% and my Corporations don't pay the same amount of taxes each month.
On one month they pay 13 billions, on the next 22 billions and then 7 billions. How is that possible and how can I change that to a amount which is the same every month?

Best regards,
Daw

Yankee

Thursday, March 30, 2017 - 11:36 pm Click here to edit this post
If your corporations don't make a profit they don't pay taxes.

It's the profit that is the basis for your tax payments.

hoahuongduong5

Friday, March 31, 2017 - 04:43 am Click here to edit this post
How to deal with Corporations of CEO which do not make profit in your country?

Yankee

Friday, March 31, 2017 - 02:48 pm Click here to edit this post
Unlike state corps, CEO corporations in your country are always paying you something for fixed property costs and resources used if they are producing. Additionally the number of people employed by a CEO effects the numbers of disabled you can rehabilitate along with the number of housewives you can put back to work.

Even if a CEO is losing money, they'll be a bigger benefit than a state corp which is losing money and sucking cash from your country and they generally pay higher salaries.

They also upgrade to higher levels requiring less LLW's.

Before you worry about "dealing" with a CEO in your country, take a look at the ratio of income you get from CEO owned corps vs state owned.

But if you want to "deal" with one you can Nationalize them, or if they are active simply jack your taxes above 40% as they will more than likely move. This option has a cascade effect.

If a ceo owned corp is not making a profit in your country it's for one of three reasons.

The Market is causing issues, which is temporary.
(if you nationalize and that is the issue you'll really lose money)

Your country sucks (in which case the ceo is a larger benefit than you realize)

The ceo sucks or is intentionally doing something.

Just make sure there aren't enough ceo corps in your country that they decide to "deal" with you.

John

Monday, January 1, 2018 - 11:23 pm Click here to edit this post
"Before you worry about "dealing" with a CEO in your country, take a look at the ratio of income you get from CEO owned corps vs state owned. "

How do you look at that Yankee?

Sergey Labrov

Wednesday, January 17, 2018 - 11:45 am Click here to edit this post
You can check the income that you get.

Suzuka

Saturday, January 20, 2018 - 05:09 am Click here to edit this post
Response to John. If you look at an enterprise corporation and look at the Profit/Loss section on the corporation page Country Resources Used is the payment made to the host country from the corporation before taxes. When you check your country finances page Income from Enterprises is the combined income from Country Resources Used from all enterprise corporations.

If you cut this cost out of the equation on the income/cost section you will realize just how much more profitable enterprise corporations are over state owned from the 225 upgrades over just 200 upgrades.

My countries run on state owned and my own enterprise. My main country has 180 corporations owned by my enterprise. I'm averaging 632.466M SC$ Country Resources Used per corporation per game month. I got this number by my Income from Enterprises 113,843.9M SC$ divided by 180 or the number of enterprise corporations in my country. If you check out some of these corporations their Country Resources Used will be around that number. Event Horizon on FB. These corporations still pay the rest of their profit in tax towards the country and the rest goes back into the corporation since my enterprise does not take profits from my corporations because CEOs can manually take money out of their corporations.

State owned corporations pay their profits directly towards profit sharing and taxes. If you have a corporation that makes say 1 billion profit per month you will get a percentage of that based in tax percentage and than what money remains stays in the corporation or goes towards profit sharing. If a corporation is making losses you will get nothing from it except income tax from the workers. You will not get taxes from that corporation since you only tax the profit. This is why if you build a country quickly with new unupgraded corporations your country may be making losses on the finance page for a few game years until they're upgraded and properly managed.

Hopefully this information can explain what Yankee meant by ratio of income.

Edit: Even if an enterprise corporation is not making profits, it still pays a small amount of income towards the host country. I believe the country resources used payment is not based on profit of the corporation but rather simply the income of a corporation. These are not facts but my observation.

Jonas

Sunday, January 21, 2018 - 03:57 am Click here to edit this post
I would suggest you to

1.lower corporate tax rate to 15 % or lower as it could attract ceos. Because they are allredy paying you
Like 25-35% off their revenue + resource used.

2. Raise profitsharing to 80%+ as this would affect your state corps only, leading to you getting more profit from them than tax rise would do in the long run.


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