| Monday, February 9, 2015 - 10:11 am |
Andy, my CEO on KB (Apo Inc) is making 650B/month, but its cash levels are decreasing steadily! This is mainly due to entrprise tax, which is over 200B/month hard cash! What's the point in keeping a CEO? Is there ANY way you can make money out of a CEO? And I think I'm running mine pretty well...
| Monday, February 9, 2015 - 01:56 pm |
The profit number is indeed misleading. That number is borrowed from the total of your corps and is calculated before the corps pay country tax and for other costs, like upgrades. In addition, for public corps, you don't own all the profits but the number gets added into your profit total all the same. With enterprise tax added, it is indeed difficult to make money with an enterprise.
| Monday, February 9, 2015 - 03:26 pm |
Chris and Aries you are exactly right. The enterprise tax is making it almost impossible to make a profit in an enterprise. The enterprise tax is punitive to the CEO who is already paying the host country other fees for being there. Andy, please consider a serious reduction or elimination of the Enterprise tax.
| Monday, February 9, 2015 - 09:51 pm |
The monetary benefit a CEO recieves from corps is actually the net gain of the cash position of all corps from the previous month, before dividends and profit transfers occur. This value, unlike "Total Profit" would account for additional corporation expenses such as country tax, upgrades purchased, interest paid, etc. Such an addition to the finance page would offer a useful tool to see the real financial health of the enterprise. This value would be interesting to compare with the enterprise tax which is levied directly from the CEO.
"Net corporation cash gain (before profit transfer and dividends paid)"
| Tuesday, February 10, 2015 - 04:36 am |
Sorry again gents...
How about this Andy? OK for 'General' forum?
| Tuesday, February 10, 2015 - 10:11 am |
Aries' suggestion would be really good if implemented.
| Tuesday, February 10, 2015 - 12:48 pm |
Perhaps, I AM doing something wrong after all according to the GM. Whoever changed the title, could you please tell me what? lol
| Tuesday, February 10, 2015 - 02:37 pm |
i am in a similar situation i run enron corp on LU. i have brought down my cash to 2Trill on hand still im getting charged a 30Bill enterprise tax a month..... its kind of ok since i make 250Bill a month but its ridiculous cuz i have no idea how to stop that enterprise tax unless it includes net cash witch i cant control because my corporations need to have a minimum amount of cash and it bring net cash over 10Trill even at 30Bill cash in each corp.
| Wednesday, February 25, 2015 - 06:08 pm |
I was making a profit even with the ent tax. It's when the GM introduced the new cash levels did problems start to appear and they wher major. 20T swings in cash levels.
Have a look at the GM's ceo on FB for a laugh. -54T in cash plus 14T debt. Great idea GM's ffs. Noobs
| Friday, February 27, 2015 - 02:02 pm |
Yeah it seems they underestimated the effect of the change.