America's Big Hero
Page 424
"You have to figure out what is company assets, what is company profits, what is personal assets, and what is personal annual income."
"Company assets do not need to pay taxes. As long as you spend all the profits earned by the company, personal assets pay a small amount of tax, but personal annual income has to pay a lot of tax!"
"Your broken plane is under the name of the company, so you don't have to pay taxes, understand!"
"Everyone says how much you are worth, and they are talking about company assets, but in fact, company assets are not personal assets, idiot!"
Xiao En didn't know if what the old man said was right, but it sounded reasonable, so he thought for a while and asked, "What if it's transferred abroad?"
The old man cast a glance at Sean, "Investment is no problem. The national government can control the investment to affect the economy of a region or other countries, but if you simply save money abroad, then you have to pay tax, 35%!"
"The IRS doesn't care who you are. The richer you are, the tighter the monitoring. They will watch your every money flow. It can be more or less, and you can pay more taxes, even if it is illegal income. , Even if it's money, they don't care about you, but you can't pay a penny less!"
"The United States is the country with the most stringent tax laws. A slight tax increase will cause the rich Americans to flee. This is true. Then why do you flee? Isn't it because you can pay less tax after changing your nationality!"
(In terms of personal tax, Huaxia is higher, 45%, so many celebrities like to change their nationality, register their companies abroad, and then transfer funds to foreign taxes through company transactions, so that they can pay a lot less personal tax and corporate income tax.)
"Uh..." Sean pondered for a while, "Okay, old man, I admit that what you said is correct, but I spend money to let you solve my problems, not to listen to your long-winded speeches, do you like it when you are old? Goofy!"
Old man David's face froze, and he gave Sean a stern look, but he thought that he had collected [-] million, and immediately raised a finger and shook it in the air. Seeing that Sean's face was dark, he suddenly became happy again.
"Let me introduce to you. You took the initiative to find the person in charge of the IRS. According to the principle, your situation belongs to overseas personal income and has nothing to do with American companies. As long as the funds do not enter the United States, you do not need to pay taxes."
The old man came up with an idea, "This actually exposed some loopholes in the tax law, and it is estimated that they will be plugged soon. In the future, as long as they are Americans in the world, they will have to pay taxes to the United States."
"Global tax collection?" Sean was taken aback. He had heard about this in his previous life, but he only felt that the United States was crazy, but that was all after the new century, right?
"Well, your name is good, it almost means that." Old David laughed.
"Okay." Sean involuntarily gritted his back molars when he spoke, and it was bleeding.
35% personal income tax, this is his life!
"What about after looking for the IRS?" Sean continued to ask.
"Look for the Pentagon!" Old man David said, "If you want to shut up these arms dealers, besides legalizing your income, that is legalizing your behavior. In other words, you have obtained the understanding and endorsement of the military."
"My God, how is this possible?" Sean gasped.
"How can it be impossible, have you forgotten your protective umbrella?" David glared at Sean, "The ultimate value of the umbrella is not some shitty security agreement, but a good relationship with the most powerful military force in the world !"
"idiot!"
"How many people are there in the umbrella now?" Old man David asked.
"Originally there were more than 1500 people, and there are more than 500 who have retreated to the second line. However, because of the Lin Meng plan, we are recruiting people. It is expected to expand to 3500 to 4000 people."
"The expansion shouldn't just be the number of people, but also the high-level. Let Major General Layton Stevens take you to meet the high-level military, and expand your high-level advisory team."
"There must be at least one general, two lieutenant generals, and five major generals. In terms of the navy and army, a more professional command team should be expanded to absorb a group of middle-level military officers."
"At the same time, expand the scope and amount of transactions with the military, and help the military solve some troubles!"
"Trading? Why can't it be compared with these super arms companies?" Sean frowned.
"Those arms companies take orders from the military, and the military gives them money, while you give money to the military. Is that a concept?" The old man looked at Xiao En contemptuously. There is a fixed amount of military appropriation, and there are strict requirements on the scope of expenditure.”
"However, the income other than this is indeed the military's own. This is a completely different concept, even if it is small!"
"Small treasury, such as the warships I bought, I understand!!" Sean suddenly understood.
"As for how to help the military solve the troubles, ask your advisory team, and if you get the military's acquiescence, you will be over." Old David said lightly: "As for the various departments of Congress that Old Bu said, a little Just send some money and let it go, if you can find something that is in the national interest, then don't bother with them at all."
"The media is in your hands, you are still afraid of them!"
"As long as you don't make mistakes, no one can use any illegal means on you. At this time, the law is the most powerful weapon in your hands."
"Then, UAE..." Sean looked at old David.
"Why don't you sell some in every country?" David sneered, "The non-proliferation of missile technology is a hidden danger. If Congress insists on investigating you, it will be troublesome. Let Reagan pardon you before he steps down. one time."
"It's a pity... 65 billion!" Sean clutched his chest, his heart ached so badly that he couldn't breathe.
"During the oil crisis, when Standard Oil was split, our losses were even worse. What are you making a fuss about?" Old David took a sip.
"Forget it, forget it..." Sean waved his hand, turned around and walked out.
According to what the old man said, get rid of the IRS and the military first. I don’t know how much money I will have left in the end?
Bitter wine hurts my throat!
……
Washington.
Louis Alsop, a man in his fifties, has his hair neatly arranged, wears gold-rimmed glasses, and has a stern face all day long. It is difficult to see a smile on his face.
That's what old man David introduced to Sean Jean yes, one of the heads of the IRS.
"Uncle Louis, hello, hello, I'm so glad to see you." Sean said kindly.
"Hi Sean, don't mind if I call you that." Louis Alsop had a faint smile that was almost invisible.
If Sean hadn't been staring at him, he would never have noticed.
"Of course I don't mind, haha, Uncle Louis, this way please." Sean smiled and made a gesture of please.
Louis Alsop looked at Sean with surprise in his eyes. Whether it was rumors or the news he knew, Sean was a very arrogant person.
He has absolutely no respect for people other than himself, and it is said that his attitude was very bad when he met the British female prime minister.
only……
The rumors are wrong?
Sean: Is it you I respect?What I respect is money!It's Dao Le!
This is the first sight cafe. Sean originally wanted to invite Louis Alsop to dinner, the most luxurious restaurant.
But Louis Alsop directly refused. His status is not suitable for appearing in that kind of place, just drink coffee.
No way, Sean directly booked a coffee shop.
After a brief exchange of pleasantries, the topic turned to taxation.
"I haven't paid taxes?" Sean was stunned when he heard the news from Louis Alsop.
"Of course, isn't this normal." Louis Alsop shrugged, "American rich people pay very little tax, if a few hundred dollars is considered tax."
"How come!?" Sean couldn't understand at all.
"In the IRS database, you have no money, and you still owe more than a billion dollars in loans."
Sean: o_O||
"It's not me..." Sean didn't know what to say for a moment.
"Your accountant may not have explained it very clearly to you. You actually have no money, and it's all in arrears." Louis Alsop said blankly.
"For example, for your airplane, the down payment is a bank loan, and the rest of the money is still a bank loan. There is no difference except that the bank is different."
"The island you bought, your car, and your property were all bought with a loan. In the IRS records, your salary is based on the New Jersey legal minimum income standard."
Sean almost spit out his coffee in one sip.
"This is normal, because wages are subject to tax, so these rich people in the United States hardly pay any salary, and your living expenses are all borrowed. After all, loans are not salary income, nor asset income. It is It is negative, so you don’t need to pay taxes, you only need to pay some interest, which is insignificant compared to taxes.”
"Using your plane as an example, if you bought it with personal funds, you have to pay at least 3000 million yuan in taxes."
Sean rubbed his head with a headache. He had a headache hearing the complicated tax avoidance methods. He only remembered one thing, he had no money...
No money!
Although in terms of assets, he is no longer a negative man, but a super rich man worth more than one billion, but if something happens to the company, he will go bankrupt completely.
This is the disadvantage of tax avoidance.
This topic was quickly skipped, and Sean explained his reason for coming.
He didn't mention the matter of reselling missiles. He just said that he was a middleman abroad, buying and selling missiles, and he was about to make a lot of money, billions of dollars.
The IRS never cares about how your money comes from, even if it is drug trafficking, even if it is robbery, it doesn't matter.
They only care if you pay taxes!
So Louis Alsop asked, "So, what do you mean?"
"This money may cause some trouble." Sean gestured, trying to adjust his wording, "Well, of course, it's not illegal, well, it's not legal, at most it's not in compliance with the regulations."
"No, you're wrong about one thing, as long as you pay taxes on the money, it's legal!" Louis Alsop looked at Sean and said lightly: "You pay taxes on a billion dollars, then , this one billion dollars is legal, no one or any institution can say that there is any problem with the money after paying taxes, it is legal income.”
"The court can say that your actions are illegal, but the money is absolutely legal!"
Awesome!
Sean stretched out a thumb, really awesome!
This is the power of the IRS in the United States. Even if you are the Pentagon, even if you are the president, if they say to check your taxes, they will check your taxes!
Sean understood what Louis Alsop meant.
Assuming that you earn 100 million from drug abuse, as long as you pay taxes on the money, the court will only say that your drug addiction is illegal when trying you, and you can be judged for your crime, but, What's left after you pay taxes is legal.
The money is still in your account.
US law stipulates that the expenses and costs related to criminal acts can be deducted in the calculation of the tax payable. As long as you can produce the relevant bills, the tax bureau will recognize the account.
Courts openly declared that the tax code was designed to tax people on their net income, not to punish them for illegal behavior.
US legislation stipulates that the IRS has the right not to disclose any information about taxpayers to the Immigration Bureau and the FBI, unless terrorism is involved.
Even if it is terrorism, other law enforcement agencies must first obtain a court order before the IRS cooperates with relevant legal actions, allowing other law enforcement agencies to view the tax returns of specific individuals.
There are even tax stamps available to drug dealers in the US that can be purchased anonymously.
As for my own matter, the IRS only collects taxes. As long as I pay taxes on the 55 billion US dollars, then the money can enter the United States, enter the bank, and start to circulate.
Other institutions or individuals have no right to know how the money came from, even if you actually know it, but you cannot produce evidence to prove that what you know is correct.
Of course, the act itself is not illegal.
As long as the rest is approved by the military, it will be OK!
Louis Alsop was thanked by Sean, but Sean dared not bring up the money.
Of course, not too many people stare at Louis Alsop, and he dare not accept it.
All said and done, old David would have a way of thanking Louis Alsop.
……
After Sean returned from New York, he went to find Major General Leighton Stevens.
After listening to Sean's words, Leighton Stevens was completely speechless in shock.
"No, I don't understand. After Congress rejected Saudi Arabia's willingness to purchase, how could you think of going to Huaxia? It's so poor and backward!" Leighton Stevens had a great feeling about the depth of Sean's brain. interest.
"American Lenovo!" Sean shrugged and spread his hands, complacent.
"I can't understand it. It's like going to a group of primitive people to buy a computer." Leighton Stevens kept shaking his head.
"It's actually very simple to make money." Sean reached out and tapped his temple.
"Okay, okay, so, what's your problem now?" Leighton Stevens asked.
"I need the military's approval for my transfer and sales of missiles to deal with those idiots who are jealous of me making a lot of profits!" Sean gritted his teeth.
"Who is jealous?" Leighton Stevens asked subconsciously.
A lot of names of well-known arms companies spat out from Sean's mouth, and Leighton Stevens opened his mouth wider and wider.
"How much money did you make?" Leighton Stevens asked with a frown. He was very curious, how much profit would make these big companies jealous.
"Ahem, not much." With a light cough, Xiao En whispered, "It's just over 50 billion, that's all."
The air in the room seemed to have stopped stray bullets. The old man Layton froze in place. His expression ranged from curiosity to shock, then from jealousy to anger. Most importantly, his eyes were bloodshot. He looked... very scary.
"Calm down, calm down, don't be like this, well, I'm bragging, the IRS is going to take away a lot of money, but in fact it's only more than 30 billion." Sean quickly comforted the old man Layton, the old man's blood poured into his pupils now made him afraid of the old man Cerebral hemorrhage died here on the spot.
It doesn't matter whether you die or not, but it's not good to delay your own affairs.
"I think I should contact those companies and take all the fucking money. Damn, how come so much?"
"You can't imagine how low Huaxia's cost is. They only ask for 1100 million US dollars."
"Damn it, this is destroying the market, this group of hateful, evil guys, damn it!" old man Layton cursed.
After finally appeasing the old man Layton, the old man calmed down and asked from the perspective of the military.
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