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== No VAT == | == No VAT == | ||
In the entire game we refrain from VAT | In the entire game, we refrain from any VAT (Value Added Tax) as this is linked very much to [[liquidity]] which is left out as well. So consider the revenues and costs (investments) to be without any VAT. So, no VAT to be paid by the customers, nor VAT to be refunded to your hotel. All prices for hotel rooms, banqueting etc. but also on other purchases are considered to be without any VAT. <br> | ||
In the simulation, there is also no [[Corporate tax]] to be paid on the hotel's [[profit]]. | |||
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Latest revision as of 14:13, 10 May 2025
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No VAT
In the entire game, we refrain from any VAT (Value Added Tax) as this is linked very much to liquidity which is left out as well. So consider the revenues and costs (investments) to be without any VAT. So, no VAT to be paid by the customers, nor VAT to be refunded to your hotel. All prices for hotel rooms, banqueting etc. but also on other purchases are considered to be without any VAT.
In the simulation, there is also no Corporate tax to be paid on the hotel's profit.
