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selling Plex for Isk

Author
Joan Maetsuycker
V.O.C. Bensdorp
#1 - 2017-06-14 08:34:41 UTC  |  Edited by: Joan Maetsuycker
when you don't train skill Accounting and you buy 500 Plex from CCP

10 plex they take from you when you sell it for isk so this means when you buy 500 plex you get only 490 plex for your $
It goes to a money sink of CCP

With

Accounting I, 491 plex
Accounting II, 492 plex
Accounting III, 493 plex
Accounting IV, 494 plex
Accounting V, 495 plex

I think allot do not think of this and this just means when you would buy their 15400 Plex pack you get only 14630 Plex because 5% vanish in a money sink that is $20,00 from your $500
Tuttomenui II
Aliastra
Gallente Federation
#2 - 2017-06-14 08:41:07 UTC
Do direct trades and you wont pay tax.
Joan Maetsuycker
V.O.C. Bensdorp
#3 - 2017-06-14 08:48:07 UTC  |  Edited by: Joan Maetsuycker
the most do not do direct trade they sell it on the market, it is just when you buy their 15400 plex pack you don't pay $500 but $520 because when you going to sell it for Isk they take this from you as sales tax
Aedaxus
Ascendance
Goonswarm Federation
#4 - 2017-06-14 09:03:05 UTC  |  Edited by: Aedaxus
No. but let me explain :

You buy 1 PLEX you get 1 PLEX. Whatever you like to do with it once redeemed is YOUR CHOICE. I like to use PLEX to Tank my ships, that gets taxed very heavily once you encounter pirates. but If you like to buy clothes, skins you are "TAXFREE". When you add a sencond and/or third training queue for 30 days, "TAXFREE". If you like to extend your sub 30 days, "TAXFREE"
The skill extractor is a more complex story, it is TAXFREE to extract and one on one trade but will be taxed if trades through the market or contracts.

Best thing is to sell it directly buy talking in local chat, Right click on the name > Trade > Drag the item into the Trade Window > Accept > Done. Oh, and make sure the other player actually select pay ISK as you can see the amount he wants to give in green on the trade window.

You can reduce the sales tax with accounting skill only. And the Broker fee -If you set the price different than instant sale - can be reduced with faction and corp standing. [ 3%-(0.1%*BrokerRelationsLevel)-(0.03%*FactionStanding)-(0.02%*CorpStanding) ]. You can see this as a tax on lazy/passive trading.
JuuR Zibaoo
Akimamur Industries
The Rogue Consortium
#5 - 2017-06-14 09:31:25 UTC
sorry just to make sure ..
you talk about the normal tax you allways pay if you sell an item for isk?
if so: go sell it in a citadel with lower tax
there are so many in Perimeter .. 0.1% tax ..

JuuR

and no i dont have a citadel in perimeter ;-)
Orin Solette
The Scope
Gallente Federation
#6 - 2017-06-14 14:21:41 UTC
ISK is printed out of thin air with bounties, mission rewards, when you sell items to NPCs, etc. So there must be a way to remove that said ISK or else the amount flowing into the game will just keep ballooning and the value of isk will drop to nothing. Sales tax is one of the ways this happens. Otherwise, inflation would be out of control in this game (and it already is, but this would make it even worse).
Chainsaw Plankton
FaDoyToy
#7 - 2017-06-14 14:30:40 UTC
JuuR Zibaoo wrote:
sorry just to make sure ..
you talk about the normal tax you allways pay if you sell an item for isk?
if so: go sell it in a citadel with lower tax
there are so many in Perimeter .. 0.1% tax ..

JuuR

and no i dont have a citadel in perimeter ;-)

the citadels have a .1% brokers fee which is spent when placing the order, the sales tax is 1-2% based on skills and is taken at time of sale.

@ChainsawPlankto on twitter

Salah ad-Din al-Jawahiri
Dreamweb Industries
Novus Ordo.
#8 - 2017-06-14 17:05:21 UTC
This whole statement is complete bollocks from the start.

Firstly, you get no tax when you buy things from the New Eden Store. If something costs 500 PLEX, you pay 500 PLEX.

Secondly, in order to say with confidence that CCP takes 5 PLEX from you by means of sales tax, you've got to have a constant ISK price of a PLEX to use as a reference point, while there is none. You can sell PLEX through buy orders or sell orders and in different trade hubs. Heck, you can even scam some poor idiot into buying 1 PLEX at the cost of 500 to you.

Everyone in the market plays by its rules. Whether you can use them to your advantage is up to you.

Agent of the New Order

Live by the Code - die by the Code.

The Voice of Highsec

Mr Epeen
It's All About Me
#9 - 2017-06-14 17:31:23 UTC
If you are a buyer of ISK for real money, a pretend money tax is meaningless. You just buy more PLEX to cover it.

It's the RMT premium and no one who RMTs is going to not do it because of an in game ISK tax. The whole argument is moot.

Mr Epeen Cool
Skorpynekomimi
#10 - 2017-06-14 18:37:37 UTC
Why yes, that is how tax works.

Let's say you earn 20k a year, but are taxed 20% of that. You ONLY earn 16k for your hard work! That's a scam! That's 4k of your 20k!

Economic PVP

Scialt
Universal Sanitation Corporation
#11 - 2017-06-14 19:04:34 UTC
Joan Maetsuycker wrote:
when you don't train skill Accounting and you buy 500 Plex from CCP

10 plex they take from you when you sell it for isk so this means when you buy 500 plex you get only 490 plex for your $
It goes to a money sink of CCP

With

Accounting I, 491 plex
Accounting II, 492 plex
Accounting III, 493 plex
Accounting IV, 494 plex
Accounting V, 495 plex

I think allot do not think of this and this just means when you would buy their 15400 Plex pack you get only 14630 Plex because 5% vanish in a money sink that is $20,00 from your $500


Increase your price to account for the taxes.

In reality... this is already baked into the market. In states where there is a 5% sales tax, retailers increase the price you pay by 5%. It doesn't matter if they advertise it as a base price and add tax to it... or they advertise a single price and subtract the tax from it... either way the purchaser effectively pays the tax.

Tau Cabalander
Retirement Retreat
Working Stiffs
#12 - 2017-06-14 19:38:04 UTC
Tuttomenui II wrote:
Do direct trades and you wont pay tax.

... and get nothing in return, because of numerous trade window bugs and exploits.
Yebo Lakatosh
Brutor Tribe
Minmatar Republic
#13 - 2017-06-14 20:47:28 UTC
Tau Cabalander wrote:
Tuttomenui II wrote:
Do direct trades and you wont pay tax.

... and get nothing in return, because of numerous trade window bugs and exploits.

That sounds very... dangerous!

Please educate us so we can trade safely!

Elite F1 pilot since YC119, incarnate of honor, integrity and tidi.

Yang Aurilen
Caldari Colonial Defense Ministry
Templis CALSF
#14 - 2017-06-14 21:08:56 UTC
Skorpynekomimi wrote:
Why yes, that is how tax works.

Let's say you earn 20k a year, but are taxed 20% of that. You ONLY earn 16k for your hard work! That's a scam! That's 4k of your 20k!


Obviously a flaw of capitalism. I say we do a socialist model and tax everyone 100% and evenly distribute it to everyone.

Post with your NPC alt main and not your main main alt!

Mara Pahrdi
The Order of Anoyia
#15 - 2017-06-14 21:18:41 UTC
Yebo Lakatosh wrote:
Tau Cabalander wrote:
Tuttomenui II wrote:
Do direct trades and you wont pay tax.

... and get nothing in return, because of numerous trade window bugs and exploits.

That sounds very... dangerous!

Please educate us so we can trade safely!

He's not allowed to.

Remove standings and insurance.

Elenahina
No.Mercy
Triumvirate.
#16 - 2017-06-14 23:19:49 UTC
Yebo Lakatosh wrote:
Tau Cabalander wrote:
Tuttomenui II wrote:
Do direct trades and you wont pay tax.

... and get nothing in return, because of numerous trade window bugs and exploits.

That sounds very... dangerous!

Please educate us so we can trade safely!


I'll help.

Only use the trade window if you are the person on both sides of the trade.

Eve is like an addiction; you can't quit it until it quits you. Also, iderno

Agondray
Avenger Mercenaries
VOID Intergalactic Forces
#17 - 2017-06-15 10:00:37 UTC
Orin Solette wrote:
ISK is printed out of thin air with bounties, mission rewards, when you sell items to NPCs, etc. So there must be a way to remove that said ISK or else the amount flowing into the game will just keep ballooning and the value of isk will drop to nothing. Sales tax is one of the ways this happens. Otherwise, inflation would be out of control in this game (and it already is, but this would make it even worse).


that's why they should do a wipe instead of just taxing everyone little by little, if you get a tax you just aim to make even more isk to over come the tax bye covering up your purchases via more isk making or when you sale something on the market it gets marked up to cover the isk loss you would see.

"Sarcasm is the Recourse of a weak mind." -Dr. Smith

Druadan
Aliastra
Gallente Federation
#18 - 2017-06-15 10:32:35 UTC
That's the cancer tax. Don't wanna pay it? Don't be cancer.