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Sunday, May 22, 2011 - 03:50 am  I was just wondering if those of you who play as CEOs could give me an idea of how important 0% tax economies generally are to you guys. My country's current tax rate is 3% but if there's a huge number of you guys who build exclusively in countries with no taxes, i'd rather just do that. Also, could someone explain to me how private corps increase a country's revenue if they don't pay taxes? I feel like that's a dumb question but oh well, lol.
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| Sunday, May 22, 2011 - 05:19 am Well, I'm not exactly sure either, but I think it's for the following reasons: CEO corporations allow you to build back to work schools and special clinics, which in turn send more people in to the workforce. In addition, higher income citizens invest the money, although I'm not sure how that helps. And besides, it increases employment. You might want to check the help and beginners sections though, because that's what they do there, and like I said, I don't now much about that.
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| Sunday, May 22, 2011 - 05:21 am This is an income source which comes from Enterprise owned corperations. This is not a tax but a percentage of the revenue payed from the corp to the country it's built in. The more privately owned corps you have the more income you get from these Enterprises. Tax is very important for most, we don't want to pay you twice. Others just care about how many corps they own.
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| Sunday, May 22, 2011 - 10:35 am Private Economy CEO-owned corps must pay 36% of their turnover to the country they reside in. Even corps making a loss must pay this fee. Tax is paid only on profit, in which case the amount you earn from a 3% tax rate is negligible in comparison to the amount you get from the country resource fee. You could probably get reduce your tax to 0% and not even notice the difference to country finances and you will probably attract more CEO investment. I frequently check the Little Upsilon Tax List (equivalents available for other planets) for places to invest and I will always choose a 0% tax country over one with non-zero tax.
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