China Entertainment’s rescue plan is hard to come by

Chapter 480 Want to leave? No problem, discount it!

How to withdraw from U.S. citizenship was still relatively difficult to consult in China in 09. You couldn't just find a legal center to find out. You had to find a well-known law firm involved in international business.

Can Liu Yifei be found?

Definitely, it's not that bad for the money, but her identity may be a bit sensitive and she doesn't have enough time.

Fortunately, this task was handed over to Liu’s mother.

Speaking of which, Liu Xiaoli still has some lawyer connections in the United States. After all, her second husband is a lawyer, and she often dealt with lawyers for herself and her daughter's green card issues.

Therefore, she went to an American lawyer friend for a brief consultation that day.

Sure enough, it was not as simple as Liu Yifei imagined.

First of all, you must have proof of second nationality before you are allowed to apply.

Otherwise, if you withdraw your American citizenship here and your Chinese citizenship is not approved over there, wouldn’t you become a blacklist and a stateless person?

For Liu Yifei, this is easy to handle. She will apply for restoration of Chinese nationality. After approval, she will be issued a certificate of restoration of nationality. With this certificate, it means that the country has approved the application and recognized your restoration of nationality. It is just that you are in the process of restoring your nationality. Procedure, in a sense, this certificate can also exercise some civil rights.

The United States also recognizes this certificate.

In this way, this first step is ok.

The most difficult thing is this second and last step.

Don’t you want to withdraw from your citizenship? No problem, you are free to do whatever you like.

It's just that you have to repay the country for cultivating you over the years.

The air of freedom, the appearance of the green card, the sentence "I am an American", the envious eyes of passers-by, etc., etc., are all created by the country for you.

According to American logic, as a person with American nationality, your prosperity is not only the result of personal efforts, but also the result of the special political, economic, and social environment of the United States.

To put it simply, I took you in back then to give you face, but now that you are leaving, you have to return the favor.

You don’t need to eat or wash your feet or anything like that, just discount it.

The abandonment tax is 27.5%.

Some people may feel that this tax is not very high, right?

When you add fuel in China, 50% of it is tax, right?

Liu Yifei feels the same way.

She felt that this sign, which was more than a quarter, was acceptable, but not unacceptable. Then in front of Liu's mother, she started counting her fingers and calculating how much she had to pay.

The more I calculated, the more confused I became, and soon I felt that my fingers were not enough.

Liu Xiaoli was speechless. I didn't even tell you what standard the tax should be collected according to. How do you calculate it?

"Don't forget it, you can't figure it out."

Liu Yifei was stunned, obviously unwilling to give up, "Why?"

"Do you know what sign collection is?"

"Are you collecting taxes? My annual income is taxed. It's not like I haven't filed taxes before."

It would be nice if it were that simple, just think of the IRS as a charity.

Liu Xiaoli was a little helpless and sighed: "Silly girl, it's not calculated based on your income. You're calculated based on your current total assets, and you'll be taxed at 27.5%." "Total assets?!!"

When Liu Yifei heard this, she was a little confused, and then she clasped her fingers again. After a while, she looked up at her mother and complained with a hint of tears:

"Grab money!!"

Even Liu Yifei, a little rich woman, couldn't hold on to this simple calculation.

Liu Xiaoli also sighed.

There is no way, Americans play so dirty.

Not counting your annual income, your total personal assets are not counted within the United States, but include those overseas and around the world.

The first is a threshold of $200 million.

The meaning of the United States is very clear. Those with assets below 200 million US dollars are poor people.

If I don't like it, just go away on your own.

For more than 200 million, we have to talk about it.

How to calculate this total assets?

In plain language, it means that at the moment you apply for deregistration, all your properties will be sold as a whole. Note that this is not a real sale, but a statistical sale, which includes all domestic and foreign banks and banks. Balances of financial accounts such as stocks and funds, all illiquid real estate, pensions, grants, interests in various trusts, etc.

Anyway, in one sentence, everything that can be counted as money will be counted together for you, and then collection will begin.

"Mom, how much money do I have now?"

Liu Yifei actually doesn't know much about her own assets. She can only say that she knows a rough idea. She usually doesn't pay much attention to this aspect. Only Liu's mother wants to give her daughter a dowry, so she knows better.

Liu Xiaoli thought for a while, and then began to count each item for Liu Yifei one by one.

"You have a high-end apartment in Los Angeles and a villa in Jiangcheng. You have 4, no, 5 commercial endorsements that have not yet expired. And there is still a little left in your bank account, and I still have a loan to you. I invested in Starry Sky as a movie. After all the calculations, it is about 2000 million US dollars, which is equivalent to RMB 1.4 million. The tax will be about 500 million US dollars, which is 3500 million RMB."

If others heard that he had so many assets in his name, they would be happy to heaven.

But every time Liu Yifei heard what Liu's mother said, her expression would get even more exaggerated. In the end, she would grab her hair and roll around on the sofa with her butt stuck out.

"Ah, I can't live anymore~~~"

Can Liu Yifei afford this money?

It's possible to say it's possible, but it's really hard to say it's difficult.

There is definitely no cash. After Liu Yifei joined Starry Sky, her popularity and fame increased rapidly, and her business avenues also opened up. However, as a female star, her income is high and her expenses are also high.

Clothing, jewelry, personal team assistants, maintenance, makeup, etc. Although Xingkong, as a brokerage company, also bears part of these expenses, after all, she is not the boss lady. There are so many actors under Xingkong, so it is impossible to give her too much. The preferential treatment is just a top-level contract, and Zhou Xun's treatment is the same as hers.

So, if you want to pay the abandonment tax in full, there is only one way to sell your property.

The first thing is the house. In the United States, in 09, the brokerage crisis has passed, and the entire brokerage is recovering. Now, if you sell a house, all fools know that you will lose money.

The same is true here in China. The annual growth rate of housing prices is almost double digits, and now you are losing money if you sell.

In short, no matter what we do, we have to do a lot of bloodletting.

But you can’t delay this thing. The longer you delay, the more you earn and the more you pay.

"Sissi, I think you still have to discuss this matter with Sun Yi." Liu Xiaoli looked at her daughter and said gently.

Liu Yifei pouted, her face full of displeasure, and she didn't know what was going on in her head at this time.

(End of this chapter)