My Wealth is like a Deep Sea
Chapter 499
If he is in charge of these banks, he will also conduct anti-acquisition to limit the growth of the other party.
It is impossible for the Bank of America to buy it.
In the domestic banking situation, he is even less likely to intervene.
"Let the company's top executives investigate the banks in Europe, Southeast Asia, Australia, and the Americas except the United States, and then we make a decision.
After thinking for a while, Yang Long said.
Although it is unrealistic to enter the banking industry in the United States and China, banks in other continents may be able to become a breakthrough in his development.
Lin Hong nodded solemnly.
This matter is very crucial to their company's next development pattern.
"By the way, it is also time for us to set up our own big charity foundation."
Feeling that the topic at this moment was in a stalemate, Yang Long smiled and turned the topic of the bank off to another point of his return to the United States this time.
"charity organization!
Lin Hong heard the sound, her beautiful eyes looked forward to her, and she was suddenly glorious.
"This is a good project!
Charity foundation is a kind of use of private wealth for public
A social or non-profit organization of the cause.
Although charitable foundations do not appear to be profitable,
But this does not mean that charitable foundations cannot make money.
Charitable foundations are not outright charities.
If you really only do charity and don't talk about income, you can't get in and out, / such an organization will not last long, and will soon go bankrupt.
On the contrary, an important content of the charitable foundation is to make money, which is another favorite game of making money and reasonably avoiding shui among rich people in the country.
If it is a charitable foundation, it really does not make money, and the Bill Gheedi Charity Foundation will not become a Fortune 500 company.
The internal structure of a charitable foundation is no different from that of a normal fund company, except that it has a social function such as charity.
Of course, the biggest purpose of being a charitable foundation is not to make money, but to avoid shui reasonably.
The inheritance tax in the United States is scary.
Although the inheritance tax rate of rice is not uniform/uniform, the states are different, and sometimes it is high and low, but it is generally maintained at about 45%.
And Washington State, as the state of the United States, because there is no state-level income tax, in order to ensure the state government’s shui income, it levies an additional 20% state heritage shui.
In other words, if Bill Gates passed his wealth directly to his children, he would have as much as 60% of the wealth, and he would turn it into shui and hand it over to the shui government of the United States.
Bill Gage's assets are as high as more than $90 billion.
If he left his wealth directly to his children, he would lose up to at least US$50 billion in assets!
Only less than $40 billion in wealth can be placed in the hands of their children.
More than $50 billion!
Anyone who sees his hard life, but is unreasonably cut off more than half of his wealth, must be distressed to death.
Moreover, the United States also imposes a very high value-added asset on investment income, and the shui rate varies from 15% to 35% in each state.
If he sells his long-held Microsoft shares to his children, he will also pay 15% of the value-added assets.Originally cut more than half of the wealth, but also cut another 15% of the wealth!
This is what has changed the terrifying talk of many rich people in the United States!
Not only is the heritage shui, the rate of other shui in the United States is also quite high.
For example, the asset appreciation shui of the investment industry mentioned above is at least 15%.
But in the United States, charity foundations do not need to pay shui.
There is no need to pay any tax.
But one thing is that in the United States, charitable foundations must donate at least 5% of their total wealth.
You also have to pay the expenses of the corresponding operation and management personnel, because the charitable foundation also needs to run, and it is impossible for others to work for you for free.
But this expenditure is much smaller than the 15% value-added shui.
Moreover, the return on investment of the Charity Foundation of the United States has always been good, with an average return rate of at least 8.5%.
The return on investment of top charitable foundations is even more impressive, and it is not far from that of world-renowned funds.
Even if 5% of donations are paid annually, there will be at least 3.5% of income, and even more than that.
This is why the charity foundation of Bill Gates has not only lost money every year, but has become a Fortune 500 company.
Another example is that the charitable foundation is still an enterprise under his name. For example, the manager of the Bill Gate Foundation is now his father, Wei Kamigai.
Of course, he can also transfer equity to his children in the future.
The charity foundation's equity transfer does not need to be paid.
This is why Bill Gates left his children only 10 million US dollars each, and all other donations to the society.
In fact, his lifelong wealth is still in his hands and still in his charitable foundation.
The ten million dollars that can't be left for the children is nothing but symbolic wealth.
If the child needs to withdraw money from the charity foundation, the method is also very simple.
You only need to make the companies and charitable foundations they established as cooperative organizations, and let the charitable foundations invest in their companies, you can get a steady stream of wealth.
This is why the wealthy Americans would rather donate their money to their children and donate it to the society to invest in charitable foundations.
Because investing in charitable foundations, the money is still in your own family and is passed directly to your children, so it is equivalent to the cheap bureau of the United States.
Because of the high heritage of the United States, the wealthy Americans in Bill Gates and Buffet can run to our Guojia with great honour to persuade our rich to learn from them and return all their wealth after death. Donate to the society, but many of the rich people of our fruit family are smiling and talking.
Because in the rice country, the rice rich people have to donate because of their fruit family's law, and once they donate, they will go back to their hands in a circle.
And our fruit family has no legacy shui and does not need to play the self-deceiving trick like them.
Returning to the investment industry mentioned earlier, the asset appreciation value is at least 15%.
This shui rate, Longhuang Fund Company also has to hand in, every stock trading needs to hand in.
That's why Yang Long and the wealthy Americans who have no children or are very young and don't have to worry about inheritance should establish charitable foundations.
Because of the realization of those invested stocks, he needs to pay 15% of the asset appreciation shui for each investment.
However, if these shares are donated to their own charitable foundation, then the charitable foundation will be realized.
Don't hand over the shui of his wool to Rice.
Why are these good methods, Yang Long did not set up a charitable foundation at the same time when he first founded the Longhuang Fund.
Because there was no real economy before.
Charitable foundation money can only be used for investment and charity and to pay employees.
If you simply donate it to your charity foundation, although the money is still his, he can't spend it on him.
However, Longhuang Automobile is now on track.
The money he donated to his charity foundation can be used as an investment for Longhuang Automobile Company and can also be used to purchase Longhuang Automobile Company's products.