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Topic created : 5.12.2016, 01:37

Last time edited : 5.12.2016, 01:41
Gorchilo
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n:
ZZZ
 
If i set price in factory = IP will then CTIE be lowest ?
 
   

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5.12.2016, 10:51

Last time edited : 5.12.2016, 11:17
Wonson
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Wondime
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Wondime
 
No, IP never counts. Let's do the calculations together:
 
1. Government expects a minimum tax called CTIE, no matter how we price our product:
CTIE = (Prime Cost) x (Regional Tax Rate) x ETR
 
Example:
A Photo Camera Factory in Mesopotamia and Sierras Pampeanas region (Argentina) produces photo camera at cost of $200.00 per product. It does not matter what the sales price is, government expects:
CTIE = $200 x 28% x 20% = $11.2
 
2. Now we calculate normal tax payment. Governement will charge whichever is greater.
Tax = (Regional Tax Rate) x (Profit)
 
Example:
Let's assume we sell the Photo Cameras for $300.00.
Tax = ($300-$200) x 28% = $28
Government will charge us $28.00, not the CTIE=$11.2.
 
Another day we sell it for $220.00. Let's see what happens:
Tax = ($220-$200) x 28% = $5.6
Now governement assumes our sales price is too low and will charge us according to CTIE=$11.2.
 
There's a point where CTIE=Normal Tax. In our example it is $240.00. Let's calculate one more time:
Tax = ($240-$200) x 28% = $11.2
Now both CTIE and Normal Tax stand at $11.2 and government charges the same $11.2. If our price is below $240, government will charge CTIE and will charge Normal Taxes if our price is above $240.
 
For this factory, $240 is the optimum point of tax payment. That's exactly what Xioscript calculates for us if we tell it we want CTIE Pricing Policy.
Optimum Taxation Pricing = (Prime Cost) + ( CTIE / Regional Tax Rate)
Optimum Taxation Pricing = $200 + ($11.2 / 28%) = $240.00 
IT'S JUST BUSINESS!
 

5.12.2016, 16:30
Gorchilo
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n:
ZZZ
 
Isn't it estimated cost of produced goods = IP ?
 
And if let's say expected price for product in table is 50 000 and my prime cost is 100000 will then i pay double CTIE or again expected price is counted for CTIE ? 
 

5.12.2016, 17:40
gamerz300
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Egg-Roll International
 
Based on the post above if you had made it for 100 selling at 50 it would go based on 50 as long as it's equal or more than what they want. Tho if that's the case and you can't lower it below 50 it'd be a smart idea to stop production anyways To you
 
Cost of production is basically all the units expenses/ total goods produced. Or at least that's the most barbaric way of doing it lol
 
Ip kicks in when it comes to pricing(selling) importing exporting fees 
 

5.12.2016, 19:56
Gorchilo
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The winner of the Standard of Virtonomics nomination of the Industry Competition The best player of the qualification for the quarterly Industry Competition Winner of the Leaders Contest in the nomination of Consumer Goods Winner of the Leaders Contest in the nomination The Standard of Virtonomics Winner of the Contest for Managers in the nomination "Knowledge is power!" Winner of the Contest for Managers in the nomination The Standard of Virtonomics Two years with Virtonomics
n:
ZZZ
 
Basically i want to know where to see or how to calculate how much government expect for some product Well
 
I think i saw somewhere that expected price i can see in table , and only table i see is in IP section ... 
 

5.12.2016, 20:13
Wonson
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Wondime
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Wondime
 
To make sure IP is not the base for taxation, it's possible to review the report page of a factory. CTIE is calculated and indicated in this page. 
IT'S JUST BUSINESS!
 

6.12.2016, 12:32
JustNash
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Premium Brands
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analytics -> macro-economics -> click on country/ -> click on region/ -> click on CTIE rates (top right hand of the white section of the page)/ 
 

6.12.2016, 21:56
Gorchilo
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Mathematic teacher Ladybug Jubilee Ten Bronze Ten Silver Ten The tender collider, IV-VI places World Cuisines, VII-XV places World Cuisines, IV-Vi places
Shagreen, VII-XV places The winner of the Industry Competition in the "Virtostandard of fuel" nomination The winner of the Leaders Contest in the "Fuel Rivers" nomination Winner of the Industry Competition in the 'Government procurement' nomination Winner of the Leaders Contest in the nomination Week of perfect Service Winner of the Contest for Managers in the nomination Nation's Health The winner of the Industry Competition The winner in the nomination Your Way to success of the Industry Competition
The winner of the Standard of Virtonomics nomination of the Industry Competition The best player of the qualification for the quarterly Industry Competition Winner of the Leaders Contest in the nomination of Consumer Goods Winner of the Leaders Contest in the nomination The Standard of Virtonomics Winner of the Contest for Managers in the nomination "Knowledge is power!" Winner of the Contest for Managers in the nomination The Standard of Virtonomics Two years with Virtonomics
n:
ZZZ
 
I know that but that are just %
I want to know how % of what Well
Until now i check and i saw if sale price is higher CTIE is higher too for same % but if i lower under prime cost CTIE is same
So are expectations = prime cost ? 
 

7.12.2016, 02:52

Last time edited : 7.12.2016, 02:53
Mike1
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Mico Inc
 
CTIE is the minimum profit tax calculated from the selling price.
 
Take a region with 20% tax and 20% CTIE,  production cost of 100, selling price 100: the taxable profit would be 0.  CTIE requires a minimum of 20% tax from the selling price so the charged profit tax is the same for any selling price below 125. 
 

7.12.2016, 03:12
Gorchilo
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Winner of the Contest for Managers in the nomination "Knowledge is power!" Winner of the Contest for Managers in the nomination Consumer Goods Winner of the Contest for Managers in the nomination The Standard of Virtonomics Two years with Virtonomics
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Mathematic teacher Ladybug Jubilee Ten Bronze Ten Silver Ten The tender collider, IV-VI places World Cuisines, VII-XV places World Cuisines, IV-Vi places
Shagreen, VII-XV places The winner of the Industry Competition in the "Virtostandard of fuel" nomination The winner of the Leaders Contest in the "Fuel Rivers" nomination Winner of the Industry Competition in the 'Government procurement' nomination Winner of the Leaders Contest in the nomination Week of perfect Service Winner of the Contest for Managers in the nomination Nation's Health The winner of the Industry Competition The winner in the nomination Your Way to success of the Industry Competition
The winner of the Standard of Virtonomics nomination of the Industry Competition The best player of the qualification for the quarterly Industry Competition Winner of the Leaders Contest in the nomination of Consumer Goods Winner of the Leaders Contest in the nomination The Standard of Virtonomics Winner of the Contest for Managers in the nomination "Knowledge is power!" Winner of the Contest for Managers in the nomination The Standard of Virtonomics Two years with Virtonomics
n:
ZZZ
 
TY now i know everything i want to know about CTIE Very we! 
 

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