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Taxes paid by Corporations - Dictionary Search

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Taxes paid by Corporations

This is the amount of money paid by corporations in the country as tax on their profits. All corporations who are making a profit pay taxes, this includes both state owned and privately owned corporations. If a corporation does not make any profit, or even suffers losses, this will eliminate their tax payments and even reduce them in the future until the corporation restores its profitability and can start tax payments again.

Simcountry Dictionary

The most often used terms in simcountry are explained here. If you can't find what you are looking for, please contact The Gamemaster. This list is maintained daily.

Table of Contents:

1. Alphabetical Order
2. Search Term

1. Alphabetical Order [ top ]

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2. Search Term [ top ]

Term Description
Taxes paid by Corporations This is the amount of money paid by corporations in the country as tax on their profits. All corporations who are making a profit pay taxes, this includes both state owned and privately owned corporations. If a corporation does not make any profit, or even suffers losses, this will eliminate their tax payments and even reduce them in the future until the corporation restores its profitability and can start tax payments again.