Simcountry
Forum Suggestions Remove or Reduce Enterprise Tax

Remove or Reduce Enterprise Tax

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Aries

All worlds
23 Jan 2013 15:31Link
I don't understand the reason for this tax.

Some stats.

I have 375 corps.

They pay $164.95B or about $440M/corp to countries for country resources used.

Most of my corps are in C3s so I accept a 30% tax on profit which works out for me to be about $63B or about $169M/corp.

This totals about $228B or $608M/corp that I contribute to the host countries before I paid any salaries ($220.44B), bought any materials ($472.40B), or paid any fixed ($63.04B) or maintenance costs ($70.18B).

These costs total $1054.06B for my 375 corps or $2.81B/corp every month.

Obviously, I am omitting, for this example, other situational costs like loan interest and the most significant being upgrade costs which can add another $200M to $500M/corp.

All this I am OK with but then my enterprise is levied with what appears to be a success tax. I say this because I pay an amoun
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Scarlet

All worlds
24 Jan 2013 06:12Link
Haha, yeah, the Enterprise Tax is pretty much a "success tax".

Even if it isn't eliminated, I see no reason why a smaller enterprise should be paying higher enterprise taxes. The game should punish large inefficient enterprises over small efficient ones... I'd be happy if it was purely based on number of corporations.
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Samsin Valiga

All worlds
06 Feb 2013 03:48Link
what are you talking about? the tax? we shouldn't get rid of the tax...but maybe resources used....and lessen fixed property costs countries should be able to tax it adds another dimension and competitiveness to the game.....the country resources used should be scrapped and taxes should be given more options such as individual tax rates for specific corps or the option to collect taxes even with no profit being made etc etc
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Scarlet

All worlds
06 Feb 2013 06:52Link
Enterprise tax is something completely different from country taxes on enterprise corporations.
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Samsin Valiga

All worlds
06 Feb 2013 07:10Link
really? they sound the same just backwards..... what's the enterprise tax?
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Aries

All worlds
06 Feb 2013 14:49Link
I can't explain it in much more detail than the original post. The enterprise tax is levied directly on a profitable enterprise and is an expense beyond what you see spent on a corporation page.
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Samsin Valiga

All worlds
06 Feb 2013 23:06Link
I didn't even know that existed what does the gm take it for economic development fund or something
C
Crafty

All worlds
07 Feb 2013 17:36Link
He has to find the money somewhere to pay my retainer.
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Arccuk

All worlds
07 Feb 2013 19:39Link
LOL!

But I have to agree, the enterprise tax, even though lowered a few updates back, should be lowered if it can't be eliminated. After all it is a financial adjustment that the GM's don't want to do. (and i'm greedy and don't want my hard earned to disappear!)

perhaps the threshold before any tax is payable should be raised to 200B. (i.e. an enterprise making 250B will only pay tax on the 50B over the threshold)
OR
Tax payable on the net profit instead of the Gross may work.
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Aries

All worlds
07 Feb 2013 20:33Link
If the tax were to remain I agree with Scarlet. It should be structured in a way that it is not punishing the work that goes into making a successful enterprise. I would second the tax being applied based on number of corporations.

This would result in CEOs actually having to make smart decisions on company choice and whether to do something about a failing corporation. As is, you have to do little more than add corps and, if you are not very profitable, you can count on the enterprise tax to bring others down to you.

Stats of the day:

My Enterprise
Total Corps: 512
Enterprise Tax: $61.66B ($120.4M/corp)

Enterprise A
Total Corps: 701
Enterprise Tax: $39.17B ($55.9M/corp)

Enterprise B
Total Corps: 578
Enterprise Tax: $28.99B ($50.2M/corp)

Enterprise C
Total Corps: 1570
Enterprise Tax: $149.76B ($95.4M/corp)
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SweetPea

All worlds
08 Feb 2013 04:19Link
I like the idea ArccUK
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Laguna

All worlds
08 Feb 2013 07:58Link
Remove it.
A
Aries

All worlds
09 Oct 2013 22:44Link
With recent game changes I think this issue is more relevant than ever. The additional problem I see is for a player with a country and a CEO paying an additional game tax if the player chooses to run a corp on their CEO rather than their country. Shouldn't the player have this ability without having to pay an additional game expense that goes nowhere?
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XON Xyooj

All worlds
09 Oct 2013 23:01Link
i prefer that these taxes be contractual agreements between the host country and the enterprise, say for 100 game years. just like most foreign corps do on earth for 99 years in the host countries.

it's just crazy that presidents can change/abuse the tax rate to whatever they want.

i want to be able to negotiate, such as i will pay 10% of gross revenues for resources use and 10% for corp profit tax. these two payments to be contract between the corps and the country. if the country is abandon then these go to the gm default rate of say 10% for resources use and 30% for corp profit tax. if the country is sold to another president, then the old contract terms still be binding unless both parties agree to renegotiate new contract terms.

the existing concept has too many holes. presidents already have enough power to abuse the mix up of the workers in the country, that is so very important to the ceo corp. need to create a fair-
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Christos

All worlds
09 Oct 2013 23:15Link
Aries suggestion makes now more sense than ever. Econ players have been punished enough by removing the option of manipulating costs through the ASQ feature. Most succesful enterprises have seen their profits halved overnight. Now's the time to kill this tax because it does no good to anyone. Not to CEOs, not to the countries. It just punishes succesful enterprises and rewards less succesful ones as Aries shrewdly pointed out in his original post.
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Jack

All worlds
10 Oct 2013 00:06Link
Aries and Chris are right on this. The enterprise tax should be revoked immediately.
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XON Xyooj

All worlds
10 Oct 2013 00:10Link
yes,

i'm 100% for no payment to use country resources and corp profit tax because i'm already providing jobs for the country's population.

i'm paying billions for these two, plus paying the workers awesome wages too.

let's terminate these useless features to the game :)
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Aries

All worlds
10 Oct 2013 00:33Link
xon, continue working on your reading comprehension on this. This has nothing to do with taxes paid to the country or the country resource tax. Please seek help from a vet before further comment on this.
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XON Xyooj

All worlds
11 Oct 2013 12:21Link
@aries,

i'll vote for paying zero tax :)

this enterprise tax goes to the gm?

must be good thing we don't have a country/empire tax then? :)
C
Casual Industries

All worlds
26 Mar 2015 03:35Link
bump
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Danzig

All worlds
24 Nov 2015 17:43Link
yeah, this needs to go
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Andy

All worlds
09 Oct 2017 17:09Link
We will look into it and the general balance of enterprises finances.
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Gaz

All worlds
11 Oct 2017 14:45Link
Good to hear Andy. I started a ceo a 2 weeks ago and I built 10 corps to begin with. Haven't touched the ceo since and logging in today and I see I'm 700B in debt lol. From 10 corps? Something's not quite right there. Plus don't forget the 1T a ceo starts with. From 1T to 700B in debt in 2 weeks from only 10 corps. Why should I bother I say to myself.
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Andy

All worlds
12 Oct 2017 13:16Link
The tax is minimal.
It has not caused any debt.
You can see the number on the enterprise cash page.

Check your corporations, upgrade them, and make them profitable.
If you do it right, then both
enterprises and countries too, are very profitable.
K
Khome

All worlds
12 Oct 2017 15:43Link
Gaz, did the coprs absorb the enterprise funds in a short amount of time?