| Always Ready | Tuesday, July 12, 2016 - 07:38 pm 
My 0% TAX Countries in Little Upsilon:
District 1
District 2
District 3
-all countries with excellent infrastructure!
Build or relocate,
Thanks |
| James the fair | Saturday, July 23, 2016 - 08:31 pm
Same here. My country "The Kingdom of England" is also offering....
0% Tax
Welfare index 127
I have ordered an extra 7 million population for my country just recently.
All corporations in my country are now for sale.
So please any CEOs out there, build or relocate in my country as well. |
| imhuntingbucks420 | Thursday, August 11, 2016 - 06:31 am
Why do u do 0% tax I'm new thanks |
| SeizeForce | Thursday, August 11, 2016 - 08:36 am
They do 0% tax to entice CEOs to build in their countries. This allows them to build back-to-work schools and special clinics. And instead do 100% profit transfer rate for state corps in order to make up for potential missing revenue.
Personally, I would only recommend only one or 2 CEO corps and keeping tax at 30%. That's all I ever need and I'm very profitable. As you're new, focus on increasing the monthly income revenue and decreasing monthly costs. Run your country as a huge enterprise. |
| Zentrino | Friday, August 12, 2016 - 08:13 am
There are advantages to all different tax schemes. I tend to run 75% tax myself. But I was once a 0 taxer. |
| imhuntingbucks420 | Monday, August 22, 2016 - 11:57 am
Well I run 15% tax 95% profit transfer b it if I own 100% of my corps then would it be any different to run 100% transfer or what's a good % transfer rate I'm a new player that actually loves this game and I've learned a lot and in my opinion I'm doing very well for a "noob" as you say lol. My country is "Northern Idaho" if anyone has any helpful advice thanks. |
| SeizeForce | Monday, August 22, 2016 - 05:21 pm
If you have all state corps, then it's better to run it as 0% tax and 100% profit. |
| marshal.ney | Monday, August 22, 2016 - 08:15 pm
What happened to the old 80/20 strategy for state corporations? |
| SeizeForce | Monday, August 22, 2016 - 09:00 pm
We became more greedy marshal. |
| Zen | Monday, August 22, 2016 - 09:12 pm
Most people miss the point. If you run an entirely state corporate country it doesn't matter what the profit transfer/tax is because your corporations aren't going to make more/less in the end. It is simply transferring cash from corporation to country at a rate you choose. The corporations in the end are making/losing at the same rate. Also, taxes take out more than profit transfer does. Which is why countries where all corporations are owned by the owner of the country usually will have it set to 75 tax 100 transfer. Now this makes your income higher on the finance page simply because you're getting the cash out of the corporations, but having the profit transfer/tax at 0 will make no difference in the corporate profitability. When all of the corporations are at 100 profit transfer they will not build up cash and the country will send cash into those corporations when they buy supplies in bulk. Also, when they're at 0 profit transfer and tax state corporations build up cash reserves. Once those reserves hit a cap which I believe is 80B SC$( correct me if I'm wrong )they will automatically send cash back into the country in bulk. This is why I don't mind losing 150 billion a month from 0 tax when I'm going through my public corporation stages, or my IPO stage. Also a fun fact. When profit transfer and tax is at 0 and you suddenly change the tax to 75 the next month all excess cash from all corporations will be sent back into the country at once. Which is why there is always a huge income bump when you change tax from 0 to 75. It's all the cash that has built up in your state corporations. This also includes public corporations.
Now with enterprises. If you own an enterprise, your corporations only send cash back into the enterprise if you have profit transfer set. The best thing about enterprise corporations is that you can also take cash out of them and put cash into them. Not just put cash in them like countries. This is why I ALWAYS set my enterprise profit transfer to 0, to maximize corporation value. Once every few game years I check my cash&debt and lower all of my corporations cash down to 50B. You don't need to do that, but if you never check your cash and debt your corporations will keep storing cash over 100 billion until you manually take it out. Hope this information was helpful.
So in the end, you choose. I usually set my profit transfer to 100, because I need the profit to hold a large defense if needed. If you have foreign enterprises in your country I suggest 25 tax or lower. If it's only your own and want to maximize your income on your finance page use 75 tax. I believe going over 75 tax will make your country keep sending cash into your corporations because they can not keep enough profit for them to buy their own supplies. |
| SeizeForce | Monday, August 22, 2016 - 10:06 pm
Actually Zen, raising taxes hurts your profit numbers though. A corp that makes about 100 mil in profit with 0% taxes and 100% profit will suddenly be making losses if taxes are 75%, no matter the profit transfer rate. |
| SeizeForce | Monday, August 22, 2016 - 10:07 pm
" If you run an entirely state corporate country it doesn't matter what the profit transfer/tax is because your corporations aren't going to make more/less in the end. "
This is the quote I was referring to. |
| SeizeForce | Monday, August 22, 2016 - 10:10 pm
There's no reason to have high taxes on your state corps, as you're going to get all the money you would get with 100% profit and 0% taxes anyway.
Only reason to have taxes is for CEO and Public corps. |
| Zen | Tuesday, August 23, 2016 - 04:52 am
Well, set up a second country with 75 tax and 0 profit transfer. With 100% state corps, and another country 0 tax 100 profit. Check the difference. The country with 75 tax will be taking more out of the corporations. Which is why players still use 75 tax even on 100% state owned corporations. Yes, "profit" does indeed go down but not income.
Tax takes out a percentage of the raw income of a corporation above profit transfer. Profit transfer takes out the "profit" after. |
| SeizeForce | Tuesday, August 23, 2016 - 05:28 am
I compared my country to other countries that do 75% tax and 100% profit while I have 30% tax and 100% profit. I still have better profit output and income when I scale up.
Aries' Camp Kilo with 250 mil pop has 286 profit monthly and I have a 100 mil pop with 150 profit. If I scaled up to 250 mil, then I should funnily enough, have 375 billion monthly profit.
With your state corps, you're not somehow wrangling extra money out of it by putting higher extra taxes on it. Income will remain the same while costs just goes up higher and profit goes down.
Having taxes on your state corps is useless if you're doing 100% profit.
Let me put it to you this way, let's say you're opening up a franchise for McDonald's and you're opening it up as a state government and intend to have 100% profit transfer rate.
The monthly cost to run it with 0% tax is 50,000 dollars which includes supplies, salaries, property rental, and utilities.
The monthly income/revenue is 250,000 every month.
This would have a net profit of 200,000 every month going towards the state government.
This time around, you decide to have a 50% tax on McDonald's.
The cost now becomes 75,000 a month with the monthly income/revenue still being 250,000 every month. The regular cost is 50,000 with 25,000 added on top of it for taxes as that's considered cost.
The profit now becomes 175,000 every month going towards the state government. The taxes of 25,000 also goes towards the state government. But, in the end, the state government still gets the same amount which ends up being 200,000.
Changing taxes on state corps just files the money under a different category.
That's why the only reason to have higher taxes is to get more money out of your private and publicly controlled companies. Since there's no other way to obtain or ensure you get money.
The GMs could confirm this. |
| Zen | Tuesday, August 23, 2016 - 06:03 am
Why do you keep comparing profit? As I said before profit is not what is being measured. It is total income. Not profit. Again, you are missing the point.
Also aries hasn't been active on KB for a few weeks, so his country is not at full capacity. I honestly don't understand why you keep trying to give misleading advice on the forum when you yourself are still new and keep asking the gm questions about things you don't understand.
I used to do 0 tax 100 profit transfer on my countries as well until Aries told me to change it. Tax takes out more than profit transfer. I have experimented with dozens of large countries and thousands of corporations. I know what I'm talking about. If you want to debate me on every forum post be my guest, I don't have time for it honestly. I have a large account to manage. |
| SeizeForce | Tuesday, August 23, 2016 - 07:41 pm
" Tax takes out more than profit transfer"
And I'm telling you taxes can't take out more than profit transfer for state corps. |
| SeizeForce | Tuesday, August 23, 2016 - 07:42 pm
Heck, I'm even seeing your countries on Fearless Blue, and they're not even having comparable income. |
| William Miller | Wednesday, August 24, 2016 - 07:18 pm
If anyone has openings in their zero tax countries, please post. Otherwise, don't. |
| quiet518 | Sunday, September 11, 2016 - 03:34 am
0 Tax Country = Me, If your a CEO then come to me ( im ranked number 45 country on the leader boards... ) |
| quiet518 | Sunday, September 11, 2016 - 03:37 am
I have lots of openings for CEOs to build or relocate in my 0 tax country, But 1 little catch about 0 percent tax in my country, you need to give lots of your produce due to my dumb state corps not hiring and then shutting down :P ( my country is The United Nation of Ramo and HAS terms, If you want to know the terms please message me ) |
| quiet518 | Sunday, September 11, 2016 - 03:39 am
Sorry if you think im spamming, Ignore my top post i ment to re write it instead I made a new post :P |
