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Forum General Zero taxes and zero profit transfer countries (Little Upsilon)

Zero taxes and zero profit transfer countries (Little Upsilon)

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Anthony King (Little Upsilon)

All worlds
12 Dec 2009 06:49Link
has any one got a zero taxes and zero profit transfer countries?if so please let me know,because i want to check few things so i know how it is going.so in that way,when i do check few countries and see if there going well,then my country should be going well too in long term.thank you.
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Anthony King (Little Upsilon)

All worlds
13 Dec 2009 05:08Link
fine
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Tranquility (White Giant)

All worlds
13 Dec 2009 05:13Link
.
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Daelin (Little Upsilon)

All worlds
13 Dec 2009 20:06Link
lol. My country of Dannil on LU has 0% Tax and 0% Profit Transfer.
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Anthony King (Little Upsilon)

All worlds
14 Dec 2009 07:16Link
you still make good profit with that too?it does take a while to become profitable country though.
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Daelin (Fearless Blue)

All worlds
14 Dec 2009 07:51Link
To clear up a misunderstanding that some people may have, the tax rate only affects private corporations and the profit transfer rate only affects state controlled corporations.

You really need a 0% tax rate to attract investing CEO's if you're interested in setting up a CEO-based economy. Given that the amount of income you make from enterprises is WAY larger than the amount of income you make from taxes, it really isn't an issue. I have one very small country on FB that has it's tax rate set at 75%. It still makes 19B/month from enterprise income, and only makes 2.5B/month in income taxes.

Profit transfer is the percentage of profit that a state corporation will automatically transfer back to the state every month. I've never found a reason not to set it to 0%. Whenever a corporation has a surplus of monies (I believe it's somewhere over the 40-50B range), it automatically transfers cash back to the