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[CSM Minutes] Station trading taxes and fees post citadels

Author
Zappity
New Eden Tank Testing Services
#1 - 2016-02-26 23:05:48 UTC
CSM Minutes wrote:
CCP returned to the topic of market taxes. They are thinking of increasing the
taxes in NPC stations, by increasing the broker’s fee in all NPC stations to 5%.
Citadel owners with a market can set their own broker's tax rate, and that
broker's tax would then go to the citadel owner. Transaction tax at this time
would increase to 2.5%.

That's going to be hard to ignore. Very interesting. Also, markets will be available in Large and XL only.

Zappity's Adventures for a taste of lowsec and nullsec.

Rhivre
TarNec
Invisible Exchequer
#2 - 2016-02-26 23:34:27 UTC
Personally, I expect the prices to adjust accordingly, but no mass movement from hubs to citadels, especially not before contracts are in for citadels.
Ria Nieyli
Nieyli Enterprises
SL33PERS
#3 - 2016-02-27 00:01:03 UTC  |  Edited by: Ria Nieyli
So best case scenario with skills and standings continuing to work as they do today we'll have 1.25% sales tax and 0.625% broker fee at maxed out standings versus the 0.75%/0.1875% we have now. A citadel owner could entice you by lowering the broker fee to 0.5%, but given how little people bother to get perfect standings in the first place, I don't think that they'd care.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#4 - 2016-02-27 05:35:25 UTC  |  Edited by: Bad Bobby
Interesting times...

Ria Nieyli wrote:
So best case scenario with skills and standings continuing to work as they do today we'll have 1.25% sales tax and 0.625% broker fee at maxed out standings versus the 0.75%/0.1875% we have now. A citadel owner could entice you by lowering the broker fee to 0.5%, but given how little people bother to get perfect standings in the first place, I don't think that they'd care.

I'm half asleep, but if broker fees go from 0.1875% -> 0.625%, that will be 3.33x the current broker fee. That will make the up-front, non-refundable costs of listing a market order a great deal higher and push some currently viable trading strategies into the non-viable column.

Also, because broker fees get charged multiple times during the journey of an item from it's creator to its end user, the impact on prices is going to be larger.

Expect higher prices on everything, particularly PLEX.

I'm seeing this as a nice boost to the rich, to the detriment of the poor. So, business as usual.
Kaivar Lancer
Doomheim
#5 - 2016-02-27 11:08:53 UTC
Any Citadel put up in Jita will be ganked during the next "Burn Jita" event, so traders will stick with Jita 4-4 and put up with the higher NPC tax.
Caldari Lanyaie
Dead Rune Holder
#6 - 2016-02-27 11:24:48 UTC
Kaivar Lancer wrote:
Any Citadel put up in Jita will be ganked during the next "Burn Jita" event, so traders will stick with Jita 4-4 and put up with the higher NPC tax.

Citadels cannot go into market hubs Roll
Kaivar Lancer
Doomheim
#7 - 2016-02-27 12:21:05 UTC  |  Edited by: Kaivar Lancer
^ looks like you are right nvm. Oops
Ria Nieyli
Nieyli Enterprises
SL33PERS
#8 - 2016-02-27 13:39:22 UTC
Bad Bobby wrote:
Interesting times...

Ria Nieyli wrote:
So best case scenario with skills and standings continuing to work as they do today we'll have 1.25% sales tax and 0.625% broker fee at maxed out standings versus the 0.75%/0.1875% we have now. A citadel owner could entice you by lowering the broker fee to 0.5%, but given how little people bother to get perfect standings in the first place, I don't think that they'd care.

I'm half asleep, but if broker fees go from 0.1875% -> 0.625%, that will be 3.33x the current broker fee. That will make the up-front, non-refundable costs of listing a market order a great deal higher and push some currently viable trading strategies into the non-viable column.

Also, because broker fees get charged multiple times during the journey of an item from it's creator to its end user, the impact on prices is going to be larger.

Expect higher prices on everything, particularly PLEX.

I'm seeing this as a nice boost to the rich, to the detriment of the poor. So, business as usual.


Well, base broker fee goes from 1.5% to 5%, so yes. What bothers me is that the new sales taxes would be higher than what the current one plus twice my current broker fee by itself. Then there's the new broker fee tacked on.

At least in EVE people can just stop being poor.
Alyssa Wyatt
Bazinga Labs
#9 - 2016-02-27 15:58:45 UTC
Caldari Lanyaie wrote:
Kaivar Lancer wrote:
Any Citadel put up in Jita will be ganked during the next "Burn Jita" event, so traders will stick with Jita 4-4 and put up with the higher NPC tax.

Citadels cannot go into market hubs Roll


Curious how it will be handled if someone's Citadel becomes the 'New Jita'
Sure it's highly unlikely, but it's not impossible
Caldari Lanyaie
Dead Rune Holder
#10 - 2016-02-27 17:10:42 UTC
Alyssa Wyatt wrote:
Caldari Lanyaie wrote:
Kaivar Lancer wrote:
Any Citadel put up in Jita will be ganked during the next "Burn Jita" event, so traders will stick with Jita 4-4 and put up with the higher NPC tax.

Citadels cannot go into market hubs Roll


Curious how it will be handled if someone's Citadel becomes the 'New Jita'
Sure it's highly unlikely, but it's not impossible

If it's profitable, someone will want to destroy it and replace it with their own.
Thoraemond
Far Ranger
#11 - 2016-02-28 18:28:33 UTC
Once the Market Order Broker Fee formula changes, I will feel so lost: <http://dl.eve-files.com/media/corp/Thoraemond/eve-market-order-broker-fees-20110417.png>. Five years is a good run for a graph, though; mustn't complain.

The relevant Helpdesk article was updated a few weeks ago and includes my expression of the formula, so perhaps that will be updated post-patch, to the new formula.
u3pog
Ministerstvo na otbranata
Ore No More
#12 - 2016-03-01 13:51:38 UTC  |  Edited by: u3pog
So much effort to reach 0.19% broker fees...According to Ria Nieyli's calculations I will now have double total tax - from 0.94% to 1.875%. We shall see what will competition between citadel owners bring.
Scotsman Howard
S0utherN Comfort
#13 - 2016-03-01 15:30:42 UTC
Zappity wrote:
CSM Minutes wrote:
CCP returned to the topic of market taxes. They are thinking of increasing the
taxes in NPC stations, by increasing the broker’s fee in all NPC stations to 5%.
Citadel owners with a market can set their own broker's tax rate, and that
broker's tax would then go to the citadel owner. Transaction tax at this time
would increase to 2.5%.

That's going to be hard to ignore. Very interesting. Also, markets will be available in Large and XL only.


I brought up this topic and a few others in this thread while ago.

https://forums.eveonline.com/default.aspx?g=posts&m=6334529#post6334529

TL:DR: Players will not use a citadel unless the tax rates go ungodly high (5% is not that high overall). The simple fact that you can be locked out (in high sec) or have to pay to get your stuff back when the citadel goes pop, means the extra cost of the npc taxes will be worth it.

Would you rather pay higher taxes or the 20% (or whatever value CCP sets) to get your stuff back from an NPC station once the citadel is blown up?

And for those of you who think an XL Citadel that became the new Jita would not get blown up, you do not get Eve. Unless a huge group (and lets be honest, it is probably only the CFC who have the man power) decides to put it up to make a profit in high sec, they will be the ones to blow it up.

TheSmokingHertog
Julia's Interstellar Trade Emperium
#14 - 2016-03-01 15:34:20 UTC
If these taxes enter the Arena, I really want replenishment possibilities on my orders, I want to keep my stock on a certain level, now you have to cancel and put up a new order.... when this hits, its getting very expensive.

"Dogma is kind of like quantum physics, observing the dogma state will change it." ~ CCP Prism X

"Schrödinger's Missile. I dig it." ~ Makari Aeron

-= "Brain in a Box on Singularity" - April 2015 =-

Rhivre
TarNec
Invisible Exchequer
#15 - 2016-03-02 02:47:03 UTC
Scotsman Howard wrote:


TL:DR: Players will not use a citadel unless the tax rates go ungodly high (5% is not that high overall). The simple fact that you can be locked out (in high sec) or have to pay to get your stuff back when the citadel goes pop, means the extra cost of the npc taxes will be worth it.

Would you rather pay higher taxes or the 20% (or whatever value CCP sets) to get your stuff back from an NPC station once the citadel is blown up?

And for those of you who think an XL Citadel that became the new Jita would not get blown up, you do not get Eve. Unless a huge group (and lets be honest, it is probably only the CFC who have the man power) decides to put it up to make a profit in high sec, they will be the ones to blow it up.




Exactly.

5% just means the markets will adjust. (This usually means prices will rise, even if its only the margins which need to shift, prices will rise, because we like isk!)

To have "new jita" means getting null logistics guys, station traders, T2 builders and mission runners etc to stock your station and rotate orders, then getting pvpers, mission runners, indy guys, miners to all come and buy stuff from what is effectively a floating pinata.

We know eventually that contracts will work for citadels, but, in the mean time, anyone fancy freightering their way to an XL which most definitely won't have the gates around it camped?

Then there is the broker fees going to the citadel owner. We might not mind the relatively insignificant amounts going to POCOs, but, add up your broker fees for a month. Whilst some wont mind, others definitely will not feel like PLEXing someones account.

Finally, yeah, I am not going to move my bulk stuff to a place which I cannot be sure the owner can defend (and, as mentioned already, if you think ganking in uedama is bad, how much more do you think it would happen around a "new" jita?)

While the dream of hundreds of 1 man industry and trading corps joining wars to assist in the defense of a citadel is an attractive one, I have a feeling it is not a realistic one.
Zappity
New Eden Tank Testing Services
#16 - 2016-03-02 04:24:21 UTC
Remember that this would be only the beginning of the NPC station nerfs. It is quite conceivable that NPC stations will eventually become just a glorified station container.

Zappity's Adventures for a taste of lowsec and nullsec.

Sabriz Adoudel
Move along there is nothing here
#17 - 2016-03-02 04:36:16 UTC
Ugh, this just makes standings even more mandatory to participate in trade.

The game doesn't say "You cannot mine until you have 6 1v1 PVP kills", nor does it say "You cannot enter wormholes until you have suicide ganked a tech 1 industrial", nor does it say "You cannot build a battlecruiser until you complete an Incursion Assault site".

It shouldn't be saying "You cannot trade until you have ground out missions".

I'm going to go against self interest and say that the fairest approach is to have a 2% broker fee, modified *only* by the Broker Relations skill. This will hurt me as I have outstanding standings (>8.5 faction, 9.9 corp) toward the Gallente Federation, Federation Navy, Federation Intelligence Office, and several other Gallente corps, but I feel it's better for the game.


Also, this will seriously undermine the PLEX market, probably to CCP's detriment. Hoarding of PLEX and transport of PLEX for arbitrage are both positives for CCP financially, and both would likely decrease.


As for player-owned hubs: Not going to happen without courier contracts to haul things to them. Once that is solved, hubs created by 0.0 alliances will probably dominate highsec, and be positioned in systems with stations (for 0 fee evacuation of items if the citadel goes boom) and in areas close to their space.

Expect Stacmon to become a hub with trillions in stock in this scenario.

The big issue though is what will convince people with tens of trillions of assets located in Jita 4-4 to create thousands of freighter-sized courier parcels to move out of the established hub? Moving even a billion units of Trit from Jita to a new hub is a significant undertaking; moving a trillion ISK worth is more than a thousand freighter trips.

There's a lot of compact loot in Jita (things like Pith X-type shield boosters, or stacks of datacores, that are small but very expensive). But a lot of loot in Jita isn't.

I support the New Order and CODE. alliance. www.minerbumping.com

Zappity
New Eden Tank Testing Services
#18 - 2016-03-02 04:48:14 UTC  |  Edited by: Zappity
Standings are an interesting topic in this regard. Presumably it would be standings toward the station owner that would matter for trading?

And the big item is plex around Jita. It is already razor thin so there would be a distinct advantage for those cutting down on market fees.

Zappity's Adventures for a taste of lowsec and nullsec.

Sheeth Athonille
Rabid Dogz Mining
#19 - 2016-03-02 07:09:17 UTC
How would a citadel in high be a loot pinata? The loot is protected outside of wh space, it would just get transferred to the nearest npc station. It'll be a pain in the ass, but you wouldn't lose your stuff.
u3pog
Ministerstvo na otbranata
Ore No More
#20 - 2016-03-02 19:40:46 UTC
Sheeth Athonille wrote:
How would a citadel in high be a loot pinata? The loot is protected outside of wh space, it would just get transferred to the nearest npc station. It'll be a pain in the ass, but you wouldn't lose your stuff.


Yeah, you will just lose 10% of its value (still debatable). Not a big deal, 10% of a trillion is "just" a 100 billion.

I believe the instant resellers will be the ones to move. If you don't have many assets to lose and you quickly sell what you buy, then why not trade in a citadel?
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