Reborn Wealth America

Chapter 20: Unfamiliar Call

After talking with Alvertley, how to avoid taxation of personal income reasonably and legally in the United States.

The next thing I should talk about is how to reasonably and legally avoid taxes in the United States.

Although corporate tax in the United States is lower than personal tax, generally the highest is only 35%.

But this is already very exaggerated.

35% of corporate taxes, and as long as the owner is an American, even the company’s foreign income will still be taxed.

We must know that some other powerful countries in the world have very low corporate taxes.

For example, in China, the company's tax is generally about 20%.

Another powerful country, Britain, which is also one of the top five gangsters, has only over 20%.

Even other governments, from the prime minister to parliamentarians, are clamoring to reduce this tax to less than 20% by 2022, with the ultimate goal of about 15%.

The same is true for personal taxes.

At this moment, their capital, London, suddenly became the most popular city in the world for the rich.

The top flat-floor apartment in Hyde Park will suddenly become the most expensive top apartment in the world.

Because the rich have chosen to immigrate to the UK, and immigrating to the UK is the easiest for the rich.

You only need to invest about 10 million pounds in the UK, stay in the UK for more than 185 days a year, and you will automatically become a British in a few years.

Hearing from Alvert, the way companies avoid taxes is actually much simpler than what individuals have to do.

If you are a little bit silly, and you are not afraid of public opinion and the government asking for trouble, you can directly operate an offshore company.

If you are worried about public opinion and the government making trouble, then come with a set of "sandwich tax avoidance" packages that transfer profits.

The former can even achieve zero corporate tax, but it is very troublesome and will enter the eyes of governments of all countries.And in the future, funds can only be dissociated internationally.

Although the latter also need to pay taxes, but it is very low, generally about 10% to 15%.

And it's reasonable and legal, so people can't fault it.

Almost all multinational companies, such as Microsoft Group, Google Group, and Apple, use the latter.

Simply put, the former method is to exploit loopholes and shame.Although there is no need to pay taxes, and governments of various countries can't help you, but companies will enter a potential blacklist.

Small companies will not be so good, large companies cannot do this.

Although the latter has also avoided taxation, it is reasonable and legal and cannot fault it at all.

To blame, your taxes are too harsh. What happened to people's reasonable and legal tax avoidance?

But this is simple to say, and it is also very complicated to actually operate.

Abel just heard the beginning.

I don't want to listen anymore.

When I was just an ordinary person before, where did I need to take care of so much.

If he goes to work honestly every month, the company will naturally deduct five insurances, one housing fund and taxes from his salary.

Now that I have become rich, I know that it is not easy to be rich.If you don't want to go to jail, you need to fight the incomparably complicated taxation departments of governments all over the world.

This is probably the trouble that belongs to the rich!!

I really envy the protagonists of Shenhao's novels. They don't have to worry about anything and don't need to pay taxes.

How to squander how cool and how to come.

It's like me, so much needs to be considered.

After sighing, Abel waved his hand to stop Alvertley from continuing to speak.

There are still several months before the tax filing day, and my income is constantly increasing.

Now just need to wait for how to operate, the specific operation needs to be discussed later.

Anyway, the rich can do whatever they want.

Although this aspect is very complicated, as long as it spends a lot of money, naturally the most elite legal and accounting teams in the United States and even the world will help him study and solve this problem.

The poor do not need to consider these issues. The rich only need to spend money to ask the poor to solve these problems.

This is the difference between the two.

Alvertley left the office to do some follow-up work on Bluestar's future.

If Bluestar's future technology is confirmed, Oasis Investment needs to have an appropriate response.

In this 100-square-meter chairman's office, Abel was left alone.

"call……"

Abel rubbed his forehead.

For the time being, forget about the problems that need to be annoying.

He came to the huge floor-to-ceiling windows and admired the vegetation and trees on the verdant Stanford Mountain in the distance.

The famous Stanford University is on the mountain in the distance.

Stanford University's ranking and strength are far above ucla and the University of California.

But this has nothing to do with him.

Since the journey, he has never returned to Ucla University.

When he is rich enough and has enough influence, what if he drops out of school?

Bill Gates dropped out of Harvard University. Is he not an outstanding alumnus of Harvard University?

Only ordinary people need to consider this issue.

After enjoying the beautiful view of Stamford Mountain for a while, Abel sat back on the leather boss chair.

This chair is a product of Lexinon Furniture, one of the most famous furniture brands in the United States.The LexinonFurniture brand is known for its innovative design, excellent product quality and durability. There are hand-made and factory-based production lines.

Naturally, what Abel used was the most expensive handmade creation. Such a chair, plus the sofa, desk and chair in the office, make a complete set, all handmade.

The price is 200,000 US dollars.

hiss!

Really expensive!

But it is worth the price, the feel and quality are really good, and there is no smell at all.

When I bought it, Abel was just a tyrant, thinking about how expensive it would be.

Of course, no matter how the local tyrant, he just used these hand-sewn furniture in his own office.

Outside the office, the employees and even the offices of Alvertley and Rana use ordinary LexinonFurniture office furniture.

Now I have communicated with Alvertley about the tax details of the United States.

However, I found that buying such an expensive desk and chair is actually beneficial.

This can also be regarded as offsetting part of the company's taxes and can be included in the company's operating costs.

Having said that, according to the tax law of the US Federal Revenue Service and the tax law of California, the Ferrari F12 sports car you buy can actually be counted in the tax exemption.

The so-called tax exemption limit is an analogy: For example, Abel made 200 million US dollars this year, and according to the tax law, he has to pay 45% of personal income tax. If calculated in two months, it is up to 90 million in taxes.

But if there is a tax allowance, then the money Abel spent on personal consumption this year will not be included in the tax allowance.

He spent one hundred million, and then only one hundred million was used for tax calculation, and only $45 million in taxes would need to be paid.

This is the tax allowance.

Of course, there are many restrictions on the tax exemption. According to California law, when buying a house to buy a luxury home, sometimes it will not be included in the tax exemption.

And there is an upper limit, the highest seems to be only 200 million US dollars.

Others still need to pay taxes in full.

Reasonable and legal tax avoidance must be put on the agenda.

Thinking like this.

Suddenly, the phone in his pocket rang.

Abel picked it up and took a look.

An unknown number in the Los Angeles area.

Abel answered the phone curiously.

"Hello?"

"Good-hearted sir! Although I only know your name, since you left your business card! I beg you, save me! Save me!"