Reborn in Hong Kong as a Tycoon
Chapter 146 The Villa and Taxes
Chapter 146 The Villa and Taxes
Lin Baicheng's itinerary in Japan was a few days longer than expected. He had no choice but to stay for a few more days because he knows the taste.
In the past few days, Lin Baicheng went to Zhiyin Comic Publishing House several times to finalize the serialization of "Transformers".
"Mobile Suit Gundam" and "Macros" have already started serialization, but because the serialization time is still short, it is temporarily uncertain whether it will become a big hit.The only thing that's certain right now is that there is a certain crowd watching and the worst isn't happening.
As for whether it will be popular or not, after a few volumes, we will almost know the result.
In terms of management, Yuta Koyama did a good job, and Lin Baicheng didn't interfere much.
The gold futures have also completed the purchase of all funds in the past few days, which were purchased with Lin Baicheng's private funds, so he will bring the futures delivery receipt and other proofs back to Xiangjiang.
On the 26th, Lin Baicheng returned to Xiangjiang.
After spending a few days to deal with the matter in Xiangjiang, Lin Baicheng flew to Los Angeles, and the day he arrived in Los Angeles happened to be March 3st.
Isabella Kent and Eric Davis were met at the airport.
"Boss, you have worked hard all the way!"
"Well, let's go to the villa first."
Lin Baicheng nodded. He was indeed a little tired after sitting on the plane for so long.
Isabella and Eric drove two cars, just enough to carry Lin Baicheng and his party.
The car drove to Beverly Hills and came to a luxurious villa surrounded by greenery.
"Welcome back, sir!"
A man about 50 years old opened the car door and bowed to Lin Baicheng who got out of the car. Not far behind him stood two men and a woman, both in their 40s and [-]s.
But what made Lin Baicheng take a second look was that one of the obese men turned out to be an Asian. Lin Baicheng guessed that the other party was more likely to be Chinese.
"Boss, this is Mr. Dolce Har, the housekeeper of the villa."
Isabella came over and introduced Lin Baicheng: "As for the three of them, they are the gardener, the maid, and the chef I found from Chinatown. I know that you, boss, are not used to Western food, so I specially invited Master Yang."
"Well, well done."
Lin Baicheng nodded approvingly when he heard the words. He is indeed not used to eating Western food. Isabella deserves praise for thinking of this in advance.
"There is only one gardener and maid in the villa, are you busy?"
This villa is really a mansion. It is completely different from Lin Baicheng's so-called mansion in Repulse Bay of Xiangjiang. The size of the two is very different.
The villa in front of me, according to the information that Lin Baicheng has read, covers an area of nearly [-] square meters, plus the area of grass and green plants, the total area exceeds [-] square meters. Zhongdu is not considered big yet, it can only be said to be upper-middle size.
"Although I'm a little tired, I'm busy, sir."
Butler Dorche responded.
"You look at the arrangement, if necessary, you can recruit a few more people."
Lin Baicheng said as he walked into the villa, he is now ready to hire a few employees.
Everyone followed into the villa.
"Isabella, Eric, you sit too."
Lin Baicheng sat down on the sofa and waved to the two of them.
Isabella and Eric sat down on the sofa next to them, while Dolci asked the maid to make coffee.
"Isabella, tell me how much you bought this villa and how much tax I have to pay."
Lin Baicheng said aloud that although Lin Baicheng did not sell any products in the United States last year, the arcade machines were sold by agents. It stands to reason that there is no need to pay taxes in the United States.But he participated in the Los Angeles trade show, and the orders signed at the trade show were the company's revenue, totaling nearly 1.1 million US dollars.
If you want to avoid paying taxes to the United States for the orders concluded in Los Angeles, it is completely overthinking.
It is precisely because of the need to pay an extra tax that for the subsequent orders, Lin Baicheng directly asked the agent to sign a contract transaction with Xiangjiang's Galaxy Games, so the subsequent sales do not need to pay additional taxes to the United States.
The corporate income tax in the United States is now at a minimum of 15% and a maximum of 46%. It is divided into state tax, federal tax, etc., which are not clear to professionals. Therefore, Lin Baicheng entrusted a professional accounting company to audit taxation.
Finally, it was concluded that Lin Baicheng had to pay 25% tax, which was estimated to be about 850 million US dollars.
The 25% tax here is not 25% of the revenue. If that were the case, no one would be able to make money, because there would be costs to create these revenues. In the end, the profits of the co-authored company would not be as much as the tax. up.
Lin Baicheng is not a professional, so he doesn't know how the tax is calculated, but the professional accountant said it was 850 million US dollars, so it should be this figure.
Isabella said: "BOSS, the tax you have to pay is about 850 million US dollars. The accounting company said that you can legally avoid taxes through investment, consumption, charity and other behaviors. You only need to pay a minimum tax of 100 million US dollars. .Because you are not a native of the country, the accounting company does not recommend that you use other means to completely exempt tax, and a certain amount of tax payment is still necessary."
"Ask the accounting company, how much tax is best to pay without any trouble. Remember, I'm talking about any trouble. I don't want to be targeted by the IRS. As the other party said, I am a foreigner."
Lin Baicheng would rather avoid taxation less than being targeted by the US Internal Revenue Service. Then he will be in bad luck.
"Okay, Boss, I will contact the accounting company again."
Isabella responded, and then said: "As for this villa, it cost 530 million U.S. dollars. The money was originally planned to be offset by taxes for legal tax avoidance. I will ask the accounting company later, see It is safest to see how much tax the BOSS pays, then you can know whether you need to make up some money, or if you still have extra tax money to spend."
"Ok!"
Lin Baicheng nodded. As early as last month when he was in Xiangjiang, he learned from Isabella that he could legally avoid taxes through consumption. Lin Baicheng asked Isabella to buy him a villa in Beverly Hills as a foothold.
After all, you have to stay in the United States for a long time, and staying in a hotel for a long time is not a problem.
"Come here first today, Isabella, Eric, you go back first, I will adjust the time difference, Isabella, please come back tomorrow morning."
Isabella responded: "Yes, BOSS!"
"Boss, then I'll go back to work in the company first."
Eric stood up.
Lin Baicheng nodded to the two and watched them leave.
Afterwards, Lin Baicheng asked the housekeeper Dolce to take him to the bedroom, and at the same time asked Dolch to arrange accommodation for Chen Yaoxian and other bodyguards.
As for the housekeeper and servants, Lin Baicheng is going to use them first, and if he is not satisfied, it will not be too late to replace them.
(Please subscribe for support!)
(End of this chapter)
Lin Baicheng's itinerary in Japan was a few days longer than expected. He had no choice but to stay for a few more days because he knows the taste.
In the past few days, Lin Baicheng went to Zhiyin Comic Publishing House several times to finalize the serialization of "Transformers".
"Mobile Suit Gundam" and "Macros" have already started serialization, but because the serialization time is still short, it is temporarily uncertain whether it will become a big hit.The only thing that's certain right now is that there is a certain crowd watching and the worst isn't happening.
As for whether it will be popular or not, after a few volumes, we will almost know the result.
In terms of management, Yuta Koyama did a good job, and Lin Baicheng didn't interfere much.
The gold futures have also completed the purchase of all funds in the past few days, which were purchased with Lin Baicheng's private funds, so he will bring the futures delivery receipt and other proofs back to Xiangjiang.
On the 26th, Lin Baicheng returned to Xiangjiang.
After spending a few days to deal with the matter in Xiangjiang, Lin Baicheng flew to Los Angeles, and the day he arrived in Los Angeles happened to be March 3st.
Isabella Kent and Eric Davis were met at the airport.
"Boss, you have worked hard all the way!"
"Well, let's go to the villa first."
Lin Baicheng nodded. He was indeed a little tired after sitting on the plane for so long.
Isabella and Eric drove two cars, just enough to carry Lin Baicheng and his party.
The car drove to Beverly Hills and came to a luxurious villa surrounded by greenery.
"Welcome back, sir!"
A man about 50 years old opened the car door and bowed to Lin Baicheng who got out of the car. Not far behind him stood two men and a woman, both in their 40s and [-]s.
But what made Lin Baicheng take a second look was that one of the obese men turned out to be an Asian. Lin Baicheng guessed that the other party was more likely to be Chinese.
"Boss, this is Mr. Dolce Har, the housekeeper of the villa."
Isabella came over and introduced Lin Baicheng: "As for the three of them, they are the gardener, the maid, and the chef I found from Chinatown. I know that you, boss, are not used to Western food, so I specially invited Master Yang."
"Well, well done."
Lin Baicheng nodded approvingly when he heard the words. He is indeed not used to eating Western food. Isabella deserves praise for thinking of this in advance.
"There is only one gardener and maid in the villa, are you busy?"
This villa is really a mansion. It is completely different from Lin Baicheng's so-called mansion in Repulse Bay of Xiangjiang. The size of the two is very different.
The villa in front of me, according to the information that Lin Baicheng has read, covers an area of nearly [-] square meters, plus the area of grass and green plants, the total area exceeds [-] square meters. Zhongdu is not considered big yet, it can only be said to be upper-middle size.
"Although I'm a little tired, I'm busy, sir."
Butler Dorche responded.
"You look at the arrangement, if necessary, you can recruit a few more people."
Lin Baicheng said as he walked into the villa, he is now ready to hire a few employees.
Everyone followed into the villa.
"Isabella, Eric, you sit too."
Lin Baicheng sat down on the sofa and waved to the two of them.
Isabella and Eric sat down on the sofa next to them, while Dolci asked the maid to make coffee.
"Isabella, tell me how much you bought this villa and how much tax I have to pay."
Lin Baicheng said aloud that although Lin Baicheng did not sell any products in the United States last year, the arcade machines were sold by agents. It stands to reason that there is no need to pay taxes in the United States.But he participated in the Los Angeles trade show, and the orders signed at the trade show were the company's revenue, totaling nearly 1.1 million US dollars.
If you want to avoid paying taxes to the United States for the orders concluded in Los Angeles, it is completely overthinking.
It is precisely because of the need to pay an extra tax that for the subsequent orders, Lin Baicheng directly asked the agent to sign a contract transaction with Xiangjiang's Galaxy Games, so the subsequent sales do not need to pay additional taxes to the United States.
The corporate income tax in the United States is now at a minimum of 15% and a maximum of 46%. It is divided into state tax, federal tax, etc., which are not clear to professionals. Therefore, Lin Baicheng entrusted a professional accounting company to audit taxation.
Finally, it was concluded that Lin Baicheng had to pay 25% tax, which was estimated to be about 850 million US dollars.
The 25% tax here is not 25% of the revenue. If that were the case, no one would be able to make money, because there would be costs to create these revenues. In the end, the profits of the co-authored company would not be as much as the tax. up.
Lin Baicheng is not a professional, so he doesn't know how the tax is calculated, but the professional accountant said it was 850 million US dollars, so it should be this figure.
Isabella said: "BOSS, the tax you have to pay is about 850 million US dollars. The accounting company said that you can legally avoid taxes through investment, consumption, charity and other behaviors. You only need to pay a minimum tax of 100 million US dollars. .Because you are not a native of the country, the accounting company does not recommend that you use other means to completely exempt tax, and a certain amount of tax payment is still necessary."
"Ask the accounting company, how much tax is best to pay without any trouble. Remember, I'm talking about any trouble. I don't want to be targeted by the IRS. As the other party said, I am a foreigner."
Lin Baicheng would rather avoid taxation less than being targeted by the US Internal Revenue Service. Then he will be in bad luck.
"Okay, Boss, I will contact the accounting company again."
Isabella responded, and then said: "As for this villa, it cost 530 million U.S. dollars. The money was originally planned to be offset by taxes for legal tax avoidance. I will ask the accounting company later, see It is safest to see how much tax the BOSS pays, then you can know whether you need to make up some money, or if you still have extra tax money to spend."
"Ok!"
Lin Baicheng nodded. As early as last month when he was in Xiangjiang, he learned from Isabella that he could legally avoid taxes through consumption. Lin Baicheng asked Isabella to buy him a villa in Beverly Hills as a foothold.
After all, you have to stay in the United States for a long time, and staying in a hotel for a long time is not a problem.
"Come here first today, Isabella, Eric, you go back first, I will adjust the time difference, Isabella, please come back tomorrow morning."
Isabella responded: "Yes, BOSS!"
"Boss, then I'll go back to work in the company first."
Eric stood up.
Lin Baicheng nodded to the two and watched them leave.
Afterwards, Lin Baicheng asked the housekeeper Dolce to take him to the bedroom, and at the same time asked Dolch to arrange accommodation for Chen Yaoxian and other bodyguards.
As for the housekeeper and servants, Lin Baicheng is going to use them first, and if he is not satisfied, it will not be too late to replace them.
(Please subscribe for support!)
(End of this chapter)
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