These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Market Discussions

 
  • Topic is locked indefinitely.
123Next pageLast page
 

Broker fee will increase to 5% and transaction taxes to 2.5%
Author
Previous Topic Next Topic
Aaron Honk
Distributed Denial of Service
#1 - 2016-03-09 19:05:48 UTC  |  Edited by: Aaron Honk
.
Makeleth Riatu Solette
The Scope
Gallente Federation
#2 - 2016-03-09 19:28:31 UTC
Link to OP of this?

Mail me if you'd like some marketing advice or advice in general
Aaron Honk
Distributed Denial of Service
#3 - 2016-03-09 19:38:20 UTC  |  Edited by: Aaron Honk
.
Cista2
EVE Museum
#4 - 2016-03-09 19:47:04 UTC
Crazy times.

My channel: "Signatures" -
Aaron Honk
Distributed Denial of Service
#5 - 2016-03-09 19:56:07 UTC  |  Edited by: Aaron Honk
.
Sabriz Adoudel
Move along there is nothing here
#6 - 2016-03-09 21:04:38 UTC
This is going to be an absolute wrecking ball to the PLEX economy.

I support the New Order and CODE. alliance. www.minerbumping.com
Makeleth Riatu Solette
The Scope
Gallente Federation
#7 - 2016-03-09 21:15:08 UTC
I'll just write here what I wrote there:

Quote:
CCP, the drastic increase of the brokerage and transaction tax is ridiculous, and at least half the community agrees.
Newly proposed increase:
Brokerage tax: 3.5% Transaction Tax: 2%

Mail me if you'd like some marketing advice or advice in general
Aaron Honk
Distributed Denial of Service
#8 - 2016-03-09 21:43:48 UTC  |  Edited by: Aaron Honk
.
Moac Tor
Cyber Core
Immediate Destruction
#9 - 2016-03-09 23:08:22 UTC
This is also in the official forums - https://forums.eveonline.com/default.aspx?g=posts&m=6384247#post6384247

My thoughts on this are that this is not good at all for the high sec trader/manufacturer:

Moac Tor wrote:
With a tax this high you can say goodbye to Jita 4-4. NPC trading just won't be competitive with the NPC taking an almost 5% cut of every trade order. Once a solid alliance gets a hub setup they can trade there with taxes as low as 1.25%.

I think citadels should have an advantage but I think this is too much. NPC stations shouldn't become completely unviable.

(also if said alliance can set taxes based upon specific groups then they can effectively lock down an entire regional market - this is hypothetical at the moment although would be the logical next step)
Cista2
EVE Museum
#10 - 2016-03-10 00:24:08 UTC
I wonder, will we see more trade take place on contracts and on the forum? (avoiding 5% fees). I have seen that in other games where fees are obnoxiously high.

What kind of items ?

My channel: "Signatures" -
Makeleth Riatu Solette
The Scope
Gallente Federation
#11 - 2016-03-10 00:27:21 UTC
Cista2 wrote:
I wonder, will we see more trade take place on contracts and on the forum? (avoiding 5% fees). I have seen that in other games where fees are obnoxiously high.

What kind of items ?


Things of tight margins, where the bid and ask are stable and do not deviate far from each other.

Mail me if you'd like some marketing advice or advice in general
Ria Nieyli
Nieyli Enterprises
When Fleets Collide
#12 - 2016-03-10 04:11:16 UTC  |  Edited by: Ria Nieyli
3.5% broker fee at max standings what the...
It seems that they really want to make people use citadels. If you're currently at 0.25% broker fee or less, the only way for you to not get ripped right off the bat is to move to a citadel market.
Good luck.

Edit: So according to the February financial data, we had ~5.9T spent on broker fees. Setting the minimum fees to 3.5% would mean that those fees would increase 14 times, as a conservative estimate. Damage: ~82 trillion ISK.
Sales tax will increase 1.66 times from ~9.8T. Damage: ~16 trillion ISK.
Total approximation is just about 98 trillion ISK. Per month. I rarely say this, but oy vey.
Amarrchecko
Hedion University
Amarr Empire
#13 - 2016-03-10 15:15:35 UTC
Ria Nieyli wrote:
Setting the minimum fees to 3.5% would mean that those fees would increase 14 times, as a conservative estimate. Damage: ~82 trillion ISK..


How is that a "conservative estimate?"
Ria Nieyli
Nieyli Enterprises
When Fleets Collide
#14 - 2016-03-10 15:20:10 UTC
I have a 0.1882% broker fee right now, with the proposed changes they'd turn into 3.5012% That's a 18.6 times increase. By conservative estimate, I meant that a 14 times increase is lower than what people would actually get in many cases.
Scotsman Howard
S0utherN Comfort
#15 - 2016-03-10 15:43:13 UTC
Moac Tor wrote:
This is also in the official forums - https://forums.eveonline.com/default.aspx?g=posts&m=6384247#post6384247

My thoughts on this are that this is not good at all for the high sec trader/manufacturer:

Moac Tor wrote:
With a tax this high you can say goodbye to Jita 4-4. NPC trading just won't be competitive with the NPC taking an almost 5% cut of every trade order. Once a solid alliance gets a hub setup they can trade there with taxes as low as 1.25%.

I think citadels should have an advantage but I think this is too much. NPC stations shouldn't become completely unviable.

(also if said alliance can set taxes based upon specific groups then they can effectively lock down an entire regional market - this is hypothetical at the moment although would be the logical next step)



People will not move Jita 4-4 to a citadel. Why?

1. It is destructable, so the time and energy to remake market orders and the waiting period to get your stuff moved will not be worth it.

2. Unless it is Cribba or someone truely trusted, why would people risk putting their stuff in a place where it can be deadzoned on a whim.

What is more than likely going to happen is prices all over Eve will rise about about 3-5% to compensate. It does not matter if a citadel puts its taxes to 0% in null because 99% of everything in the game has its value based on Jita price. Raise the price there, you raise it everywhere.
Moac Tor
Cyber Core
Immediate Destruction
#16 - 2016-03-10 22:00:43 UTC  |  Edited by: Moac Tor
Scotsman Howard wrote:
Moac Tor wrote:
This is also in the official forums - https://forums.eveonline.com/default.aspx?g=posts&m=6384247#post6384247

My thoughts on this are that this is not good at all for the high sec trader/manufacturer:

Moac Tor wrote:
With a tax this high you can say goodbye to Jita 4-4. NPC trading just won't be competitive with the NPC taking an almost 5% cut of every trade order. Once a solid alliance gets a hub setup they can trade there with taxes as low as 1.25%.

I think citadels should have an advantage but I think this is too much. NPC stations shouldn't become completely unviable.

(also if said alliance can set taxes based upon specific groups then they can effectively lock down an entire regional market - this is hypothetical at the moment although would be the logical next step)



People will not move Jita 4-4 to a citadel. Why?

1. It is destructable, so the time and energy to remake market orders and the waiting period to get your stuff moved will not be worth it.

2. Unless it is Cribba or someone truely trusted, why would people risk putting their stuff in a place where it can be deadzoned on a whim.

What is more than likely going to happen is prices all over Eve will rise about about 3-5% to compensate. It does not matter if a citadel puts its taxes to 0% in null because 99% of everything in the game has its value based on Jita price. Raise the price there, you raise it everywhere.

Your not thinking outside the box. I would have agreed if the rise in tax was around 3% max, but at 4.75% your definitely in a place where any serious trader will have to consider a citadel.

In high sec your not losing anything using a citadel except for having to relist your orders, which isn't a big deal compared to how much you'll save in the reduced taxes.

Also your not considering how much ISK a big alliance can make out of controlling a hub, it will be more valuable by many multitudes than any moon that currently exists; do you think any alliance would deadzone or screw over their biggest customers with how much would be at stake?
u3pog
Ministerstvo na otbranata
Ore No More
#17 - 2016-03-10 22:06:13 UTC  |  Edited by: u3pog
After seeing those numbers I am not so sure all traders will stay in Jita...3.5% broker fee + 1.25% transaction tax (max skills + standings), that's near 5%, 4,75 to be exact, opposed to 0,94% at the moment. Prices might adjust a little bit, but that will make profit even better in citadels. Good thing I've nothing to pack. Big smile The clock is ticking.
Ria Nieyli
Nieyli Enterprises
When Fleets Collide
#18 - 2016-03-11 02:23:58 UTC
I'm not sure that they'll move. Building and deploying a citadel will take time. So you have to get one up, online the market module, then start advertising it and wait as people start to trickle in. Meanwhile in Jita, traders would simply adjust their orders to pass the new cost to their customers. There's a huge amount of inertia in market hubs. Breaking them up will not be as simple as raising a tax.
Sabriz Adoudel
Move along there is nothing here
#19 - 2016-03-11 06:39:57 UTC  |  Edited by: Sabriz Adoudel
u3pog wrote:
After seeing those numbers I am not so sure all traders will stay in Jita...3.5% broker fee + 1.25% transaction tax (max skills + standings), that's near 5%, 4,75 to be exact, opposed to 0,94% at the moment. Prices might adjust a little bit, but that will make profit even better in citadels. Good thing I've nothing to pack. Big smile The clock is ticking.


Some things will have to move. PLEX in particular, unless PLEX trade is entirely confined to contracts in the future.

You simply cannot flip PLEX with a ~3.7% broker fee paid on every buy order and every sell order.


Edit: Other stuff won't move. Noone is moving stacks of, say, 20000 Brutix hulls.

I support the New Order and CODE. alliance. www.minerbumping.com
Ria Nieyli
Nieyli Enterprises
When Fleets Collide
#20 - 2016-03-11 07:07:04 UTC
Why wouldn't you be able to flip PLEX with that broker fee? Bad at maths?
Moreover, how are you going to entice people to come shop in your citadel when it lacks the volume and variety that regular trade hubs have right now?
123Next pageLast page