Tax
In New Eden there are compulsory contributions payable to either NPCs or other players. These are either added on to the cost of goods or transactions, or automatically deducted from players' income. Its impossible to avoid paying taxes all together, but there are some ways players can reduce the amount of tax they pay. There are various types of taxes.
Corporation tax
A player corporation can set a corporation tax on its members. This is paid automatically from the member's earning to the corporation's master wallet. Player corporations can choose to set their own tax rate, but for NPC corporations the tax rate is always 11%.
Corporation tax is paid on all bounty and mission reward payouts over 100,000 ISK.
It is not paid on ISK in a member's wallet, sale orders or transactions, or on the time bonus for missions.
For information on setting corporation tax rates, see Forming a Corporation.
Equipment tax
Equipment tax is paid when a player reprocesses items in an NPC station.
The level of the tax is based on the player's personal or corporation standings (whichever is the higher) with the NPC corporation that owns the station. The base tax rate, with no standings, is 5%. This can be reduced to 0% with the required standings (which are 6.67 standings). For this reason, it is normally beneficial for players to reprocess items in stations where they have good standings with the owner.
There are several skills which can assist in increasing standings with NPCs:
Connections
Attributes: | |
Multiplier: | 3x |
Price: | 200k ISK |
Alpha max level: | II |
Prerequisites: | Social III |
Notes: | Your effective standing is calculated using the following formula: Effective Standing = Unadjusted Standing + ((Maximum Possible Standing - Unadjusted Standing) * Connections Modifier * Connections Skill Level) |
Criminal Connections
Attributes: | |
Multiplier: | 3x |
Price: | 200k ISK |
Alpha max level: | II |
Prerequisites: | Social III |
Notes: | Namely Pirate factions: |
Social
Attributes: | |
Multiplier: | 1x |
Price: | 30k ISK |
Alpha max level: | III |
Prerequisites: | none |
I required for: | Negotiation; Contracting |
II required for: | Diplomacy |
III required for: | Connections; Criminal Connections; Diplomatic Relations; Mining Connections; Distribution Connections; Security Connections |
IV required for: | Fast Talk |
Notes: |
For more information on equipment tax, see: Equipment Tax
Maintenance tax
Players taking part in Factional Warfare are able to donate the Loyalty Points (LP) they earn to upgrade the system their faction controls. However, when they do this maintenance tax is paid.
Maintenance tax starts at 0% but increases in accordance with the faction tier to a maximum of 75%
For more information on system upgrades and maintenance tax see: System Upgrades
Manufacturing tax
(To be verified)
For Alpha Clones only there is a tax on industry jobs. This is set at 2% and cannot be altered.
Planetary import/export tax
Players doing Planetary Interaction can choose to export the materials they process to a Player-Owned Customs Office (POCO), but in doing so they will incur a planetary export tax. They can also import materials for use by factory planets, which will incur a planetary import tax.
The planetary import/export tax is made up of two elements. The first is a base NPC tax rate. The base NPC rate in high security space is 10%, but it can be reduced with skills training (see Customs Code Expertise below). The second element is the additional tax levied by the player corporation which owns the POCO, which can be set based on the user's standings towards that corporation. At a maximum the total tax rate could be 100%, so players are advised to check the tax rate before exporting their materials to a POCO.
Customs Code Expertise
Attributes: | |
Multiplier: | 2x |
Price: | 3M ISK |
Alpha max level: | Alpha pilot can not train this skill. |
Prerequisites: | Trade IV |
Notes: | Only affects NPC tax rate of planetary customs offices. The NPC tax rate is only charged for player-owned customs offices in high-security space; NPC-owned (Interbus) customs offices and customs offices outside of high-security space do not charge NPC taxes and are therefore not affected by this skill. |
For more information on planetary import/export tax, see Colony Management - Tax Rates and Planetary Interaction - Base Costs
Sales tax
Sales tax is paid on market transactions. It becomes due once an item has been sold, and is paid by the seller. It is automatically deducted from the sale price before the ISK goes into the seller's wallet. It will be recorded in the player's wallet as "Transaction Tax". Sales tax is paid in addition to any brokers fees.
The base sales tax rate is currently 2% (as of the Citadel expansion in May 2016), but this can be reduced to 1% with skill training.
It is important for traders and haulers to bear sales tax in mind, because it will be taken automatically and therefore reduce their profits. If a trader is dealing with low-margin items they will need to take sales tax into account to avoid trading at a loss.
The Accounting skill allows players to reduce the amount of sales tax they pay:
Accounting
Attributes: | |
Multiplier: | 3x |
Price: | 5M ISK |
Alpha max level: | Alpha pilot can not train this skill. |
Prerequisites: | Trade IV |
IV required for: | [[Skills:Margin Trading]] |
Notes: | At level 5, this skill will reduce the sales tax to 1% |
For more information on sales tax, see Trading.