Unified Inventory And Money Accounts

Day 1,201, 17:02 Published in USA Canada by Thedillpickl

Papers I Like:
The Paper Mache
The Way I See It
The Written Word
The Halfing Times
The Voice of Candor

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Hi Kids!

Did you read the title? Plato (Admins) are tweaking again. I am not completely sure what the angle is, but this may be good and this may be bad. It looks like the good is that GM's (General Managers) will no longer have to transfer gold, currency and raw materials between citizen and company accounts using the product and monetary markets. Example is if your grain company produces grain it is "in" your inventory, when your food company needs grain, it comes "out" of inventory. That is simple and simple is good!



The bad news? Well there may or may not be bad news. The details are yet to be released as Admins are still going through QA (Quality Assurance) testing of this new "feature". If there is only one set of accounts, that means the unfair double taxation of GM's is over. In my opinion, sales/VAT/import tax added to a products price and taxing the income from companies is double taxation. If not, then what do you call it? Employees only pay income tax!

If some sort of tax is worked into income from a company after the original sale/VAT/import tax has been paid, this would be a problem. If it would cause me to be unprofitable and about seventy eCitizens will be unemployed.





A Little Reading

Here are the links to eRepublik forum threads I have researche😛

In Buying Gold on the MM is an exploit? Gucio16 explains,
"The latest update that I received regarding the "unified inventory and money accounts" (thus, companies not being able to use the MM) was that the team is aiming to implement it next week. It will depend a lot of the QA Team (the project in in testing phase)."

In Donate raw directly to companies Plato says,
"The team is currently working on an "unified inventory" system (anything that your companies is producing will be placed directly in your inventory and the raw materials required by your companies will be taken directly from your inventory). As a result, the issue you have mentioned will not be valid anymore."

And in Unified Inventory Plato continues,
"This project solves several issues. Short list (not comprehensive one):
- you losing valuable employees because you forgot to add local currency to your company;
- you losing valuable employees because you forgot to add raw materials to your company;
- general managers circumventing the Income Tax (using the MM);
- not friendly to use company management system....
"

and then adds this,
"Originally Posted by sampo555
"- general managers circumventing the Income Tax (using the MM);"

Plato's response
Yeah, now they don't need to use MM: they will get their income tax free without doing anything
"If you can't beat them, join them!"

In our case, make it easy for them....

Also, there's also another idea to this topic: in Beta there was a "house tax" (if you owned a house, you payed a tax to your "mayor"). The team is taking under consideration (among several ideas) to introduce a "property tax" on some (or all) products.
"





Well That's It

Guess we'll wait and see how this works out. Good luck everybody!



I've said my piece. What do you think?