The new Work Tax - Do your companies make money?
Day 2,089, 09:23
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Published in Argentina 
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by
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by deleted smee
Goodevening WAM'mers,
I decided to calculate the "profitability" of companies taking into account the effects of the new "work tax". As most of you know to work your own companies you will now be taxed by your e-Country a certain amount of money. However, it seems that most countries have decided to reduce their income tax to 1% to minimize the effect of this new tax.
Countries that are currently reducing their income tax to 1% include Argentina, Austria, Belgium, Croatia, Estonia, Germany, Hungary, Indonesia, Italy, Latvia, Poland, R.O.C. (Taiwan), Serbia, Slovakia, Spain, Thailand, the U.K. and the Ukraine.
Below you will see a chart, based on today's bonuses, that calculates the profitability of all companies. I have taken into account:
1 - the new income tax rates that are being proposed in every country
2 - the fact that you need to buy Q5 Food (0.20CC) to cover the wellness required to work
3 - WRM is bought/sold for 0.04CC
4 - FRM is bought/sold for 0.02CC.
What I have NOT taken into account is the loss / profitability of having employees. I have only calculated the Work As Manager.
Furthermore, I have estimated the after-tax selling price of finished goods as follows.
Click here to enlarge.
The first column is that Tax you have to pay (in CC) to work a company. This is based on the simple formula "average salary * work tax". You can see the average salary and the work tax for your country under the economy tab in the country information menu.
The lower Q companies are mainly loss-making. I estimate that the market will balance itself out by having higher profitability on high Q raw companies.
It is interesting to see that the average wage in the Portugal is 41.64CC, in Lithuania it's 50.60CC and in the Philippines its 182.58CC!
The most expensive country is Ireland, the cost to work as manager in Ireland is 4.33CC per company!
Regards,
smeeagol.
P.S. Here is a picture of gogs17
Please feel free to add her.
I decided to calculate the "profitability" of companies taking into account the effects of the new "work tax". As most of you know to work your own companies you will now be taxed by your e-Country a certain amount of money. However, it seems that most countries have decided to reduce their income tax to 1% to minimize the effect of this new tax.
Countries that are currently reducing their income tax to 1% include Argentina, Austria, Belgium, Croatia, Estonia, Germany, Hungary, Indonesia, Italy, Latvia, Poland, R.O.C. (Taiwan), Serbia, Slovakia, Spain, Thailand, the U.K. and the Ukraine.
Below you will see a chart, based on today's bonuses, that calculates the profitability of all companies. I have taken into account:
1 - the new income tax rates that are being proposed in every country
2 - the fact that you need to buy Q5 Food (0.20CC) to cover the wellness required to work
3 - WRM is bought/sold for 0.04CC
4 - FRM is bought/sold for 0.02CC.
What I have NOT taken into account is the loss / profitability of having employees. I have only calculated the Work As Manager.
Furthermore, I have estimated the after-tax selling price of finished goods as follows.
Click here to enlarge.
The first column is that Tax you have to pay (in CC) to work a company. This is based on the simple formula "average salary * work tax". You can see the average salary and the work tax for your country under the economy tab in the country information menu.
The lower Q companies are mainly loss-making. I estimate that the market will balance itself out by having higher profitability on high Q raw companies.
It is interesting to see that the average wage in the Portugal is 41.64CC, in Lithuania it's 50.60CC and in the Philippines its 182.58CC!
The most expensive country is Ireland, the cost to work as manager in Ireland is 4.33CC per company!
Regards,
smeeagol.
P.S. Here is a picture of gogs17
Please feel free to add her.
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Comments
1st
always voting for the minoan academy kids
[removed]
v
v
How did you calculate the avarage salary?
eRep calculates it for you automatically. In Germany it's 9.79CC. You can see it at this link at the very bottom. http://www.erepublik.com/en/country/economy/Germany
V
am i a beautifull girl ?
You have one hell of an ass, that much I can tell from the picture.. No idea about the face though..
would you like another pic of me ?
Sure, go for it girl! 🙂
/me suspects gog17 is not a sexy lady at all ...
after 10 beers gogs17 starts to look sexy. after another 20 beers gogs starts to look like a lady.
either way, please add her.
sexy ,send me your phone number 🙂
090 801 92 86 900
check pm
voted
It is now my understanding that Plato set the tax at 20% by default and that countries without a congress cannot change this.
Thanks for throwing us an anchor Plato. No bonus's, no control and no access.
v
voted. awesome article
nice article
vot
Buena info, pero me quedo con esa colita.....
Voted
v
haha oh wow
come to the philippines
work without any boni
pay a sh.tload of tax
[removed]
same goes for the others...
wtf are they doing - do they have like 10citizens and one of them is very benevolent and is paying like 500cc per day?
--
btw if i employ dead people and then "pay them" 20k cc for the lulz (should be able to input the number even if i don't have the cash - this would also prevent me actually paying this sh.t)
will this ("paying" wages i can't even afford) increase the average salary or does it only count when the employees are actually working?
in short: does anybody know how the "average" is calculated and what is included (just wages that were actually paid or do wages i have put in -but workers are ghosts who don't work- also count)?
Voted
cant believe, that there shouldnt be any effect between producing food Q1 - Q3
good work , thx anyway
@Exalted Drui😛 the current work tax was based on the level pf the old income tax. So not standard 20%.
"most countries have decided to reduce their income tax to 1% to minimize the effect of this new tax."
- that's good for employees mostly, more money for them.
- that's good for manager, cheap wam
But is it good for the treasuries? Time will tell. : )
Countries like Poland, Serbia, Hungary will probably be able to do a decent amount of money in treasury but let's see if the others can support for treasury new mpps or supplies if they lower the tax to 1%, given the fact that it means in the same time 1% from employees and 1% from managers. Do they have enough manager to compensate the loss from income tax?
v
+1
V
FYI, Ireland was in the process of reducing it's work tax which is now 1%. Feel free to update your sheet for us 😉