Income Tax from sales

A military-oriented and sci-fi wargame, set on procedural planets with customizable factions and endless choices.

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andyinkuwait
Posts: 139
Joined: Wed Jan 09, 2008 4:57 pm

Income Tax from sales

Post by andyinkuwait »

Anyone know how the tax is calculated for sales? Quoting from a few Zone Reports

Population sold 14 Metal to traders for 9 Cr. Income tax over that 3 (33% tax rate)
Population sold 112 food to traders for 34 Cr. Income tax over that 7 (20% tax rate)
Population sold 46 food to traders for 23 Cr. Income tax over that 5 (22% tax rate)
Population sold 12 fuel to traders for 8 Cr. Income tax over that 2 (25% tax rate)

My Income Tax rate is 20%
zgrssd
Posts: 5105
Joined: Tue Jun 09, 2020 1:02 pm

RE: Income Tax from sales

Post by zgrssd »

ORIGINAL: andyinkuwait

Anyone know how the tax is calculated for sales? Quoting from a few Zone Reports

Population sold 14 Metal to traders for 9 Cr. Income tax over that 3 (33% tax rate)
Population sold 112 food to traders for 34 Cr. Income tax over that 7 (20% tax rate)
Population sold 46 food to traders for 23 Cr. Income tax over that 5 (22% tax rate)
Population sold 12 fuel to traders for 8 Cr. Income tax over that 2 (25% tax rate)

My Income Tax rate is 20%
The math does match up:
9 * 33% = 3
34*20% = 6,8 = 7
23*22% = 5,06 = 5
8*25% = 4

No idea where those figures come from a 20% tax rate either.
HansLemurson
Posts: 137
Joined: Tue Jul 28, 2020 3:38 pm

RE: Income Tax from sales

Post by HansLemurson »

Everything seems like it could be due to simple rounding, except for 3 credits from 9 trade. 20% of 9 is 1.8, which shouldn't round to 3.
andyinkuwait
Posts: 139
Joined: Wed Jan 09, 2008 4:57 pm

RE: Income Tax from sales

Post by andyinkuwait »

No, no those percentages are MY calculations. The only reported values are the numbers.

The issue is why are these percentages different and why aren't they all 20%?
andyinkuwait
Posts: 139
Joined: Wed Jan 09, 2008 4:57 pm

RE: Income Tax from sales

Post by andyinkuwait »

Still really confused on this issue and no joy from Vic.

I would have thought, as Supreme Leader, I would at least know how my own income tax system worked !!

Maybe I'm misunderstanding the English used e.g. 'Income tax over that'

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