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Simcountry is an Online Digital World where you are the President of a country.
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What is Simcountry?

Corporation Taxes 15% (Kebir Blue)

Simcountry: Simcountry Bulletin Board  Corporation Taxes 15% (Kebir Blue)

Michael McVey (Kebir Blue)

Friday, October 29, 2004 - 12:45 am Click here to edit this post
The corporate tax rate for Is is 8%. Profit sharing right now is 35, but that will decrease as the year progresses, hopefully to something in the 25-30 range. Depends on how soon I can balance the budget, which right now is running a monthly deficit of around 10B. All indicators point to a turnaround sometime this year, and my major building projects (hospitals, schools/universities, roads) are all but finished. Revenue is steadily increasing, and when it starts to exceed expenses, Is will be even more of a low-tax country than it already is.

Michael McVey
President

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