Rebirth 79: I opened a bank in the United States

Chapter 445 Aircraft Tax Savings
"Forehead?!"

Carter was suddenly taken aback.
In the inherent concept of impression flow, private jets are small jet airliners like Gulfstream and Bombardier.As for the propeller-driven fixed-wing aircraft, the truth is not within the scope of Carter's consideration, but if you think about it carefully, it seems that the propeller-driven fixed-wing aircraft is really the best choice at the moment.

First of all, the United States is different from China. China's airspace control can be described as the strictest country in the world.If you buy a plane, you can’t fly around, and the United States.
Although it's not okay to fly randomly, the low-altitude control is much looser than China's!

If you are only flying locally, you don’t even need to apply for a route or declare a flight plan in many cases.You can go up into the sky at any time, go up to the sky and then come down, no one cares about you at all.Moreover, the price of a small propeller plane in the United States is really not much more expensive than a car.
And this kind of aircraft has almost no requirements for the airport runway.Just in Orlando, Florida, south of his hometown of Georgia, Carter has seen a community where almost every household has an airplane.

Usually the small plane is parked in the garage of the small house, or on the lawn at the door.When you want to use it, you can drive directly to the one in the community. It is said to be an airport runway, but it is actually a relatively flat road with no wires to block it and you can take off.Residents fly a plane to go out, which is basically the same as going out by car.
In terms of economic cost and applicability, the propeller is the best solution!

But well.
"No, I'd better buy a jet! Once it's in place, I won't have to change it later."

Just kidding, after all, he is also a time traveler!

Can't someone take a jet plane leisurely and classy, ​​and you can climb on a propeller plane with a goggle?Not to mention the loss, the loading capacity of that kind of small aircraft is also a problem, and it is enough to carry a family of four, but if there are more ordinary people, it will be pulled.

And the kind of less than 10 US dollars, basically have to drive by yourself.If you hire a pilot, after you go up by yourself, the bodyguards will not even have a place to sit
Seeing that Peter Lynch's face was getting darker, Carter quickly added:
"I was thinking, HT now has a lot of funds in circulation, see if I can use the money there to help me buy first, and then"

Carter didn't say "repay again".

As for how Peter Lynch makes up his mind, it's his business.Anyway, for Carter who made up his mind not to repay the money, as long as he didn't tell, it wouldn't be considered dishonest.
Influenced by Jim Rogers, Carter still values ​​his goodwill very much.Of course, this kind of behavior can also be called erecting archways.
Anyway, hearing Carter's words, Peter Lynch looked a little better.Make sure that Carter is not playing with his own Magellan Fund, then everything is easy to talk about!
Just this.
"You should go to Mr. Smith, and I don't think there is much hope. Although you have an absolute controlling stake now, Fidelity is also the largest institutional shareholder. As long as the two of us agree to this plan, HT's board of directors can pass it. But, have you considered maintaining investor relations? If you do this, what will other investors think?"

Peter Lynch shook his head, thinking Carter was a bit idealized
"Seeing that the listing is imminent, you, the founder, are now greedy for pleasure and do not think about making progress. The blow to the stock price is not small!"

"Who is greedy for pleasure, I just need it!"

Carter quibbled, you can insult my ability, but not my character!
"But in the eyes of stockholders, it's just seeking pleasure. They don't know your current problems, and even before you graduate, we can't advertise that you are a student at Yale University! The founder and largest shareholder of a listed company , actually not usually in the company, but 'A is apple', 'B is ball' in a university thousands of miles away. Are you kidding me?! Shareholders will definitely think so. Once this news is exposed, it will have a huge impact on the stock price. A big hit."

"In short, this stage is to get rid of all unfavorable factors as much as possible. At least you have to wait for the stock price to stabilize before talking about other things. If you talk about this matter two years later, I don't think it's a big problem. Anyway, you are also a big customer of Fidelity. He is the major shareholder of HT, so there is always some sympathy. Young people, buy a plane and buy it, just as a reward for you. But now, it is just to ensure the investment income of Fidelity. I don’t think Smith will agree. Yes. He is also a laborer, and he is counting on this investment operation to help him get promoted and raise his salary. If the stock price is affected”

"Oh, yes."

Carter sighed, whoring for nothing is really not that simple.

Although I have an absolute controlling stake, it stands to reason that my voting ratio can handle this matter.But this plan is obviously to stand against all investors. If you insist on doing this, you will definitely have endless troubles!
It's just an airplane, and it's really needed now!

In addition to safety issues, when I think about traveling by myself, I have to make various transfers and transfers. Every time I wait in each airport terminal, it is a memory for several hours. Carter decided to fight for it:
"Then how about HT helping out part of it? I'll pay the rest? Or, I can contact Mr. Paulson to see if there is any discount? This year is not a big bear, the overall market is not good, I am afraid he will also There's a bit of a rush to clear inventory."

"Then talk to Smith. He is responsible for the investment in HT. At best, I can only decide the voting rights of the Magellan Fund, but you know the proportion. If you reach a deal, I agree with it here. Whether you oppose it or not, it will not affect the overall situation.”

"Okay, then I'll go there first!"

Carter got up and left, bid farewell to Peter Lynch, and soon found Smith's office in the Fidelity Building.

Smith, who has made a lot of profits through shareholding reduction, had a very happy face when he first met Carter.In the end, I waited for Carter to say what he wanted.
"If you buy it for you in the name of HT and save the purchase tax, then it's no problem. I will transfer it to you after the purchase. As for letting HT pay for it, let me think about how much tax it can save us by buying an airplane. You sit first. I'll ask someone to do the math."

A moment later, Carter saw Smith, who had obviously relaxed his brows, return to the office:

"I just asked the tax accountant on the financial side to do the calculations. Can you see if this operation can work? Suppose you buy a private jet worth 1000 million US dollars, HT pays for it first, and then transfers it to you at a second-hand price .When the second-hand price is lower than the original price, the transfer does not need to pay transaction tax. Suppose it is transferred to you for 900 million US dollars, and the difference of [-] million US dollars in the middle is considered to be paid by HT for you. This is a "

"Then you lease this aircraft to HT at a price of 200 million per year, and the lease period is tentatively set at 10 years. In the case of including the depreciation and loss of the aircraft, the IRS should not have much interest in this lease price. Opinion, if the rent is too high, it may be investigated. In this way, the ten-year rent is 2000 million, which is regarded as your share dividend, which is part of the cash out. The rent of 200 million in the first year can also be considered as HT's contribution to help you Part. This is two."

"The third point is that since this aircraft is nominally used by HT Company, the maintenance costs, crew expenses, etc., are all borne by HT Company, and finally calculated into the company's operating costs to save taxes. In this case, it is equivalent to your follow-up The crew expenses, parking expenses, etc. are all paid by HT. What do you think? Even when purchasing, you still need to pay part of the money first. If it is a plane worth 700 million US dollars, you need to pay 200 million first. HT will pay you [-] million yuan every year for the next few years."

(End of this chapter)