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Forum Little Upsilon Attractive corp. tax in country of cobanetta (Little Upsilon)

Attractive corp. tax in country of cobanetta (Little Upsilon)

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Man Of Peace10 (Little Upsilon)

All worlds
27 Sep 2009 03:15Link
19% tax in my country in the republic of cobanetta!
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Man Of Peace10 (Little Upsilon)

All worlds
27 Sep 2009 03:37Link
Sorry it is spelled Cobonetta
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Plato (Little Upsilon)

All worlds
27 Sep 2009 05:06Link
0% would be even more attractive.
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Man Of Peace10 (Little Upsilon)

All worlds
27 Sep 2009 13:29Link
I know, but then a country needs some tax if it is to survive.
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WeirdGeordie (Little Upsilon)

All worlds
27 Sep 2009 21:57Link
Man of Peace: For your information, plenty of countries offer 0% tax as an incentive for CEOs to build corps. I have 0% tax in mine and I make plenty of profit.

CEO controlled corps pay a fixed fee for having a corp in your country, whatever the tax rate.

Most players find that encouraging lots of CEOs to build in their country by putting tax at 0% works out making more money than taxing!

Hope that helps,
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Plato (Little Upsilon)

All worlds
28 Sep 2009 04:42Link
I personally run all my countries at 0% tax and have often been #1 in FI. CEO corps pay you based on their production NOT profit, so you make money whether ot not they do. They also pay pretty well.

The CEO makes you a ton of money and they generally pick profitable corps. With anything above 10% tax, the country gets too large of a benefit coampared to the Enterprise.

Think about it.