Simcountry is a multiplayer Internet game in which you are the president, commander in chief, and industrial leader. You have to make the tough decisions about cutting or raising taxes, how to allocate the federal budget, what kind of infrastructure you want, etc..
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Tax Income (Little Upsilon)

Topics: Beginners: Tax Income (Little Upsilon)

Slipstream (Little Upsilon)

Sunday, August 21, 2011 - 09:32 pm Click here to edit this post
Newbie question... There's one private corp in my country that never pays taxes. This company has a 999 P/E, always runs in the red, retains some product for some contracts, and it's employment level is always 100%.

So is it beneficial to have a corp on your planet that pays no taxes but does employ your people? Maybe it's even common, I'm too new to know. lol

My country is Catalina on LU, and thanks in advance.

white darkness

Monday, August 22, 2011 - 01:46 am Click here to edit this post
It employs people, they're not on the dole. So what if it doesn't pay taxes. It won't because it's not making a profit.

Matt Patton (Golden Rainbow)

Monday, August 22, 2011 - 09:40 pm Click here to edit this post
It pays country resources used
no profit no tax

Slipstream (Little Upsilon)

Monday, August 22, 2011 - 09:48 pm Click here to edit this post
Thanks for the help. I've got soooo much to learn!

Crafty (Golden Rainbow)

Tuesday, August 23, 2011 - 12:02 am Click here to edit this post
A lot of countries dont even charge private corps any tax. That encourages more enterprises to have corps in your country. Like Matt tried to say, these corps will pay you 'country resources used' which is far far more than tax could ever be. The responsibility on your behalf is to make sure there are enough workers and the welfare for corps is over 100, largely effected by employment rates and transport index.
Private corp employees also pay income tax (about 40% I think) which helps too :)

Slipstream (Little Upsilon)

Friday, August 26, 2011 - 04:11 pm Click here to edit this post
Great help, I'll let the tax go and get my employment higher. Thanks!

Slipstream (Little Upsilon)

Tuesday, August 30, 2011 - 10:46 pm Click here to edit this post
Strange, that company pays no tax and no country resources either. Still, as ya'll pointed out, my country's employees have jobs and do pay income tax.

Matt Patton (Golden Rainbow)

Tuesday, September 20, 2011 - 01:09 am Click here to edit this post
probably its new if it don't buy upgrades or it sells at best price then buy it

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