Originally posted by Azazel
Unless we're speaking of natural resource exploitation, I can hardly think of fees that are nothing more than chump change (property taxes are a notable exception )
Not all taxes are porportional to profits. Some taxes take the form of fees that are imposed regardless of profits.
Unless we're speaking of natural resource exploitation, I can hardly think of fees that are nothing more than chump change (property taxes are a notable exception )
Well the example here was natural resource exploitation. Royalties are taken by government ( in their role as owner of the resource) as a proportion of total production and its often irrelevent if the venture is profitable
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