Simcountry
Forum Beginners Enterprise tax

Enterprise tax

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corleone452

All worlds
21 Jul 2014 19:51Link
Corporations bought, closed or moved and Enterprise Tax


-2.81B SC$

How is the Enterprise tax calculated ?
Is it a % of the enterprise profit and how much?
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Christos

All worlds
21 Jul 2014 20:43Link
No, it's not. It's a % of your assets. That's right, you might be making damages, but the GM still cuts up around 0.1% of the total value of your enterprise each month.
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corleone452

All worlds
22 Jul 2014 06:56Link
So it might come to point where my assets is so big that the 0.1% cut is greater than my profit.

Like what the discussion says it is a punishment for growing too big.
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Aries

All worlds
22 Jul 2014 10:07Link
It is not a percent of assets. Look closer. Compare the finances of different size enterprises.
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Christos

All worlds
22 Jul 2014 10:56Link
If it's not a percentage of assets then WHAT IS THAT???***

18. Enterprise expenses [ top ]

Enterprises are large organizations that are operating corporations they own. The enterprise receives profit payments from the corporations but the Enterprise itself is a large organization and need funds to operate.

Many Enterprises are successful in the game and make a large monthly profit. Some of the profit is used as "cost of running the enterprise". The cost depends of the financial strength of the enterprise and may range at the level of 0.05% to 0.1% of the total assets of the enterprise per (game) month.

The cost is showing on the financial page of the enterprise, together with the cost of purchasing of new corporations.


(from the documentation)


I sincerely hope I don't pay an extra 0.1% for "expenses", which I don't see in my finan
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Christos

All worlds
22 Jul 2014 10:58Link
*** (as a huge Twisted Sister fan in my youth I always like to use this phrase with every opportunity I get)
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Aries

All worlds
22 Jul 2014 11:09Link
If it is a percent of assets, this will be easy to prove by comparing different enterprises. Finances for enterprises are not hidden. I fail to see how your proof comes solely from reflection rather than comparison.
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Christos

All worlds
22 Jul 2014 13:07Link
It's not proof in a scientific sense, since there's no need for that. I don't take this game that seriously. It's just an educated guess based on observation rather than reflection:
1. Nothing else changed except the value of assets
2. The "tax" dropped significantly
1+2= The value of assets affects the "tax".
That's how I see it. Perhaps Andy can enlighten us on this holy grail of the CEO game. Or perhaps I'm too optimistic.
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Christos

All worlds
22 Jul 2014 15:03Link
Actually, after further observation, I may be wrong and it may be still connected to the profits after all. I will watch it for some months and see what happens.

I still can't understand what the GM means in the documentation by the term "enterprise expenses" which "may range at the level of 0.05% to 0.1% of the total assets of the enterprise per (game) month". If it's not the "enterprise tax", what is it?
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corleone452

All worlds
22 Jul 2014 18:17Link
If u moved the cash which is part of the asset to your country and the tax amount dropped, then obviously it`s tied to the asset.

That`s one way to escape ent tax, since country do not have this tax. And established enterprise don`t need that much cash to operate anyway, just moved it to the country.
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Aries

All worlds
22 Jul 2014 18:52Link
1. I said it is not a percent of assets.
2. I am Aries.

That should be enough.

However,

3. I linked a relevant thread with analysis and enterpise comparisons.
4. I pointed out the flaw in the analysis in this thread that looks at the data from one enterprise.

Not sure what else I can do. I hope readers of this thread do some of their own analysis before drawing a conclusion.
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Christos

All worlds
22 Jul 2014 19:16Link
I never read the link Aries because you're Aries and it's enough for me. Should I say Aries again, or are two times enough?
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Christos

All worlds
23 Jul 2014 09:48Link
Lol this is my life philosophy...the bare minimum charged for the maximum possible.