Crossover: 2014

Chapter 207 Another Ten Million Taxes

A formal contract is not just a piece of paper.

There are different documents related to the transfer of software ideas (this is unique to time and space), the transfer of software works, and the transfer of software derivative rights.

The reason why so many documents are required is to clarify responsibilities on the one hand, and to involve some operations of legal tax avoidance/tax on the other hand.

It is worth noting that reasonable tax avoidance is not tax evasion.

It is within the scope of the law to reduce tax pressure.

What the law does not allow is tax evasion, not reasonable tax avoidance.

Although there are many documents, it is precisely because of the many documents that a huge amount of contract is divided into several "small contracts" with not so large amount

This makes Lin Hui not need to think hard when facing such a contract.

All documents were signed in an orderly and smooth manner.

Of course, this is also because Apple has plans to cooperate more deeply with Lin Hui.

No scheming with words.

Otherwise, all kinds of troubles and intrigue will be inevitable in such a signing occasion.

Even so, the signing of the formal contract took a long time.

Consistent with the content of the previous letter of intent, the formal contract stipulates:
Lin Hui transferred the ownership of all the software related to the shortcut command, including the creativity, to Apple.

Apple/Apple needs to pay Lin Hui $500 million in four installments.

The initial payment of 500 million US dollars will be paid to Lin Hui when the official contract is signed.

And the remaining 3000 million US dollars were settled in three installments, each settlement was 500 million US dollars, 1000 million US dollars and 500 million US dollars respectively.

The settlement time for these several times depends on the progress of Lin Hui's upgrade of the shortcut software.

Lin Hui needs to upgrade the shortcut commands three times on the basis of the current shortcut commands.

They are Adaptive Upgrade, Functional Upgrade and Expandable Upgrade...

In addition to these contents, there are many appendices in the formally signed contract.

Including but not limited to clauses such as "requiring Lin Hui and Apple to keep the content of the letter of intent strictly confidential".

But this secrecy is somewhat tasteless.

It's just hiding from the general public, and there is basically nowhere to hide from this kind of action at the national level.

But all formal transactions always involve taxation.

Contracts like those reached now must also involve taxes.

When it comes to the transfer of ideas, Lin Hui is not very clear about the rules of this time and space.

But regarding the transfer of software copyrights, Lin Hui remembered that software copyrights in previous lives were generally regarded as intangible assets.

The tax rules involved in the transfer of intangible assets have to pay at least 11% tax.

If this levy principle is followed.

The after-tax income of the full-cycle transaction of the transfer of forest ash is 7500 million US dollars.

It also means that this process will generate at least $926.9 million in taxes.

At that time, will it be okay to pay taxes equivalent to tens of millions of RMB?
Of course this is just an estimate.

Lin Hui felt that the actual value must be far lower than this figure.

Although Lin Hui has always paid taxes honestly.

But these technology giants are hard to say.

Is it okay to directly move the place of registration to a place where the birds don't shit in order to avoid taxes?
Capital seeks profit, and forest ash also seeks profit.

From rebirth to the present, what Lin Hui pursues is basically a huge profit or simply a business with no capital.

But there are things to do and things not to do.

Lin Hui feels that since he enjoys high profits, he should not lack social responsibility.

Anyway, no matter what kind of enterprise Lin Hui will set up in the future, at least the registration place of the core industry must be in China.

One reason is that the fat and water do not flow into the field of outsiders.

On the other hand, it is because of some bad experiences in the previous life.

Even personal freedom overseas may not be guaranteed.

Not to mention the material things like industry.

Even if you drink and talk happily in peace and harmony.

When it comes to conflicts, the peace usually maintained is basically false.

If the core industry is placed overseas, it may be overwhelmed one day.

Life is not in Gensokyo after all.

If such a situation really happened, the possible losses would not be affordable by Lin Hui.

In short, in order to avoid such possible bad events.

It is necessary to eliminate hidden dangers from the source, and place core enterprises and scientific research institutions in the country.

Of course these are all for later.

After reaching a deal with Apple.

The first batch of 500 million U.S. dollars soon arrived in an overseas account newly set up by Lin Hui not long ago.

This is a proper wave of fat rhythm.

For a while, Lin Hui even forgot how much money he had.

Maybe this is the trouble of the rich.

As a rough estimate, the balance on Lin Hui’s 6699 card is 7350 million yuan, the 0010 card is 3690 million U.S. dollars, and the card corresponding to overseas web articles is 85 U.S. dollars.

It can only be a rough estimate. After all, with this amount of cash, even if it is just a demand deposit, the interest is still a considerable figure.

Counting the 500 million US dollars in the account now, it is roughly [-] million US dollars when rounded up.

The reason why the proceeds from the conclusion of this contract are transferred to the overseas account has nothing to do with the transfer of assets.

It's just for the convenience of the next expansion, although the next thing is still to be laid out.

However, in the case of relatively abundant funds, Lin Hui can directly use his money to buy and buy in many cases.

Regarding the purchase of Waiguo Company, Lin Hui had already carefully considered it before.

First of all, it is relatively easier for some companies to come forward for some things than for domestic companies to come forward directly.

Secondly, the birth of a new technology faces great controversy.

Lin Hui is willing to take greater responsibility, but does not want to involve himself in these meaningless disputes involving specific technical aspects.

For some things, it is necessary to set up a crooked fruit company to go to Lei.

Furthermore, Lin Hui will not have any psychological burden for the Waiguo Company to do some dirty things, and can use the Waiguo Company to go out of the way.

It also seems like it would be great to use Crooked Fruit to do some technical digging.

In short, in Lin Hui's eyes, these crooked fruit companies are probably similar to buying/managing.

Lin Hui needs such a crooked fruit company.

Specifically what company to buy?
First of all, Lin Hui thought of the company DEEPMIND.

In the previous life, AlphaGo was launched by deepmind, a Chinese company.

Although the deepmind company also exists in this time and space.

But because of the overall lag in the study of artificial intelligence in this time and space.

Although the company deepmind is also engaged in research on artificial intelligence.

But little progress has been made.

DeepMind is not a very good company.

Not long ago, the company also tried to file for bankruptcy protection.

Since the space-time of deepmind is so messed up.

It seems like a good idea to buy this company.

It shouldn't be very expensive to come to a company that is about to file for bankruptcy protection, right?
Even if it needs to spend a certain amount of money, it is far less exaggerated than when the company was acquired by Google in the previous life.

(End of this chapter)