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Corp Tax Rate

The current tax rate of 8% is in place to help boost corp cash flow only for the purpose of building a reserve to comfortably support a mineral and ore purchasing program from corp members. As the reserve grows and corp membership grows, the tax rate will be reduced. It is hoped that the buy programs combined with manufacturing costs being reduced by member Production Effciency skill levels along with other skills will allow the buy programs to become self sufficient and require no corporate tax at all in the future. Tax is collected on mission rewards and bonuses as well as bounty prizes for killing rats.

Mineral, Salvage and Ore Buying on contract from corp members

Corp will purchase needed ore and minerals for manufacturing from corp members based on a regional average price in the Essence or Citadel regions, whichever is highest. The idea is to put as much cash into members pockets as possible without lining the corp wallets. A significant difference from real world corporate mentality where execs take a huge chunk of everything that comes in. This will be done periodically and will become more frequent as the corp grows.

Corp Contracts and Manufacturing

If a corp member needs a module, ammunition, rig or ship and there is a corp blueprint available, there is a good chance that the item can be obtained from the corp or another corp member at a cheaper price than market average. Any item produced by the corp for a member will be offered at manufacturing cost + station assembly line charges. Items will be sold to corp members on contract. If you have the materials to manufacture an item and would like someone in the corp to make the item for you, simply ask in corp chat or corp mail. The only charges initially may be for the station assembly line costs. In the future, members will NOT be charged for assembly line costs. These costs will be absorbed by the corp using taxes collected.

Member Contributions?

There is NO contribution of any sort required by corp members. If you would like to donate ore, minerals, salvage or anything to the corp, it is always welcome but in no way a mandatory requirement. The current corp tax is the main way mentioned earlier to boost cash reserves. The only thing that is asked of corp members is to be helpful and courteous not only to other members, but to everyone out there in Eve.

Corp Profit and Cash Reserves

The ultimate goal of any corp is to be profitable. As more profit is made, obviously the wallets will grow. A cash reserve goal for the Mining and Manufacturing wallets is 250 million each. It sounds like alot of cash but it will ensure than the buy programs will remain in place and more manufactured goods get to market. When the wallets get sufficiently FAT with cash, it will be disbursed to corp members as a bonus for faithful service. The reserve amount will be increased in the future with the growth of manufacturing either in volume or the eventual expansion into T2 and Capital production.

Corp Membership

A corp must grow or it is doomed to mediocrity and even failure. Always try to keep an eye out for good potential corp members. Chat it up with people in local, offer help with missions or invite to Fleet with them if you can provide them with any Leadership bonuses. Little things go a long way to help make friends and allies.