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Simcountry is an Online Digital World where you are the President of a country.
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What is "Income from Enterprises?" (Fearless Blue)

Simcountry: Simcountry Bulletin Board  What is "Income from Enterprises?" (Fearless Blue)

sfo Treasurer (White Giant)

Thursday, June 26, 2008 - 07:50 pm Click here to edit this post
Also Private corps make higher quality goods which sell at higher prices, thus more profit potential. CEO corps pay quite a bit of the profit to the country it resides in even with 0% tax rate. Tack on high taxes and they are lucky to break even. But the country always makes out with a high number of ceo corps in them, that is why most players will advertise and keep low tax rates in their countries to entice ceos into their country. The country always makes out, but with lower taxes it creates even more interest in people to build them in your country.

An enticing tax rate to pique the interst of ceos is usually under 20%. If you really want the big money coming in set it to 0% and invite ceos. They will be stampeding you with offers to move in. (Now a low tax rate doesn't get you a lot of tax revenue from your state corps but you can offset that with other things like profit transfer percentage and aggressive trade strategies.)

As you have seen, the "Income from Enterprises" way outweighs the pittance of incoming cash from your state corps. So basing your economy on attracting ceo's is a sound financial strategy.

T

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