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Posted by Vengfulsoul at Jul 18, 2011 1:46:31 PM
Where does the poe from buying bid tickets go to?
The island owners? Or is it just a poe sink?
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Vengiesoul- Meridian
SO of Schrödinger's cat
Professional Wigsas photographer

Posted by ade446 at Jul 18, 2011 2:48:06 PM
Re: Where does the poe from buying bid tickets go to?
The fee the market requests off of you when you place a bid ticket is a poe sink, the market is a building apart from the rest of the governor buildings that can not be controlled by the governor. It does not have a hold or a coffers to access.

It is not a poe sink, and neither does the island owners get anything, you've basically just cashed in your poe for a commodity tho.
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Sincerely

Posted by Vengfulsoul at Jul 18, 2011 2:50:30 PM
Re: Where does the poe from buying bid tickets go to?
Thanks.
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Vengiesoul- Meridian
SO of Schrödinger's cat
Professional Wigsas photographer

Posted by false_dmitri at Jul 18, 2011 3:21:55 PM
Re: Where does the poe from buying bid tickets go to?
Once a ticket is redeemed, all the money you spent on it vanishes from the game. Even though you get commodities in exchange, it's a PoE sink, because another player doesn't receive the money to keep it in circulation.

Does the island get any tax from the transaction fee? I was never clear on that.
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On hiatus. :(

Posted by kenjennings at Jul 18, 2011 7:33:41 PM
Re: Where does the poe from buying bid tickets go to?
No, taxes are only received from shoppes and stalls (and only a fraction of what they actually pay). Similar to bid tickets, taxes on orders are sunk as well. Well, I'm pretty sure. I never noticed any income other than shoppe and stall taxes when I ran a palace.
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[removed by SOPA]

Posted by wxfiend at Jul 18, 2011 8:50:29 PM
Re: Where does the poe from buying bid tickets go to?
The palace receives a 10% cut of the tax on any product ordered on the island. So, if someone orders a War Frigate, the palace on that island will receive around 750 poe of the tax on that War Frigate.
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Wxfiend
Captain of Still of the Night
Meridian Ocean

Posted by Therealhunta at Jul 19, 2011 12:07:45 AM
Re: Where does the poe from buying bid tickets go to?
There are two types of taxes: property tax (also known as upkeep) and sales tax.

Property tax, sometimes referred to as "Rent", is paid by shoppe and stall owners to the fort or palace on a weekly basis. Some of it is lost as a PoE sink, and some goes to the island coffers for use by the governing flag. The tax that goes to the island government is expressed as a percentage of the tax baseline and increases the overall property tax paid. These additional taxes can be as high as 50% (for an island with a fort) or 100% (for a palace). If, for some reason, a colonized island has no fort or palace, only the baseline tax is paid. When taxes are set to 0% by the governor, no PoE is placed into the island coffers. However, if set above 0%, everything above the tax baseline is put into the island coffers.

Sales tax is paid when using the ordering interface of a shoppe or stall. Dockside transactions are not taxed, but if a manager orders goods from a shop to sell dockside (a common practice for producers of ship consumables), the sales tax is paid at the time the order is placed. Sales tax is calculated by taking the tax value of the goods and labor used in the creation of the product. The governor's tax slider does not affect the calculation of the sales tax. 90% of it is sunk, while the remaining 10% goes to the palace coffers. The amount deposited into the coffers is not recorded in the palace and fort records.


YPPedia "Tax"
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~~Hunta~~
RiddleMakers
Viridian Meridian Ocean

Posted by kenjennings at Jul 19, 2011 7:48:23 AM
Re: Where does the poe from buying bid tickets go to?
 
The amount deposited into the coffers is not recorded in the palace and fort records.
Confuuuusing.
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[removed by SOPA]

Posted by Masterlockex at Jul 19, 2011 8:32:57 PM
Re: Where does the poe from buying bid tickets go to?
 
The palace receives a 10% cut of the tax on any product ordered on the island. So, if someone orders a War Frigate, the palace on that island will receive around 750 poe of the tax on that War Frigate.



Since when?
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Captain of Proof
Prince of Chocolate Coated
Proof of Proof
Prince of Just The Tip
Godmother on Ventrilo

Posted by Hillsmen at Jul 19, 2011 9:56:00 PM
Re: Where does the poe from buying bid tickets go to?
Wx is a guru. Just go with it.
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Captainrich

Posted by MimiLinda at Jul 20, 2011 12:22:20 AM
Re: Where does the poe from buying bid tickets go to?
 
 
The palace receives a 10% cut of the tax on any product ordered on the island. So, if someone orders a War Frigate, the palace on that island will receive around 750 poe of the tax on that War Frigate.



Since when?


Always been like that, sale taxes don't show on records tho.
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Roseh

Avatar by Velternal

Posted by BobJanova at Jul 21, 2011 10:41:21 AM
Re: Where does the poe from buying bid tickets go to?
Regarding bid tickets though, all of that PoE is purely sunk, although the non-fee part of a bid is not actually sunk until the bid is filled (alternatively cancelling an order re-fountains it, either way is valid to think about it). Commodity acquisition (bid tickets and merchant bots) is supposedly the largest PoE sink in the game, actually.
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Bobjanova on Viridian and Malachite
Shops and stalls with fair and profitable wages for all: Jubilee, Napi, Chelydra
Stripped/Barely Dressed (Malachite)
Phantasm/Reign of Chaos (Viridian)

Posted by Masterlockex at Jul 21, 2011 3:53:42 PM
Re: Where does the poe from buying bid tickets go to?
 
 
 
The palace receives a 10% cut of the tax on any product ordered on the island. So, if someone orders a War Frigate, the palace on that island will receive around 750 poe of the tax on that War Frigate.



Since when?


Always been like that, sale taxes don't show on records tho.



Oh, Never knew that.
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Captain of Proof
Prince of Chocolate Coated
Proof of Proof
Prince of Just The Tip
Godmother on Ventrilo


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