I'm in the county town, and you say I'm a big shot?

Chapter 542 541 If the county wants to collect this portion of tax revenue, you guys need to take the initiative, right?
"Then we'll have to rely on Secretary Lu and County Head Wang." Fang Qingye chuckled. "I don't know any leaders from the Ministry of Finance or the State Administration of Taxation."

"Sigh, we don't even know Secretary Lu and the others. Things really do change quickly." Fang Jianhua sighed on the other end of the phone: "In that case, let's take care of things within our province first."

"The provincial finance department hasn't approved it yet; the county leaders still need to help with this," Fang Qingye reminded her again.

"Hehe, Xiao Ye, are you blaming our county leaders for not taking this seriously?" Fang Jianhua laughed on the other end of the phone. "Don't worry, County Chief Wang plans to go to the provincial capital in the next couple of days to find the relevant leaders to resolve this matter!"

“Alright, then our Director Deng will take charge of this matter. Let her accompany County Chief Wang to the provincial capital,” Fang Qingye said.

"Okay. Have Director Deng prepare the relevant documents and wait for the county's call."

"Ok."

The two chatted for a few more words and then hung up the phone.

Fang Qingye actually understood that his second uncle wanted him to accompany County Chief Wang to the provincial capital.

But he didn't want to go.

Why would someone go to Huijing, this furnace, on such a hot day?

Begging and pleading? No way!
Besides, your county leaders should be more proactive in this matter!

It turns out that banks pay taxes mainly in two parts: corporate income tax and value-added tax.

According to relevant national tax policies, companies like banks, whose head offices and branches are not located in the same county (city), should file tax returns with the competent tax authorities in their respective locations separately.
In other words, the head office and branches report separately in different locations without interfering with each other!
However, things are complicated in China. In order to coordinate the interests of all parties, a new clause was added regarding the payment of value-added tax:
With the approval of the national finance and tax authorities or their authorized finance and tax authorities, the head office may submit consolidated tax declarations to the competent tax authority where the head office is located. If the head office and branches of a fixed business are not in the same county (city) but within the same province (autonomous region, municipality), with the approval of the provincial finance and tax authorities, the head office may submit consolidated value-added tax declarations to the competent tax authority where the head office is located.

That's how it is with the five major banks; all their funds are turned over to the state by their headquarters.

Previously, Jinghai Bank's business area was only Nanxin County, so this problem did not exist. However, after Fang Qingye took over, the business expanded to the Jinghai area. Naturally, the county leaders still wanted to keep all the value-added tax of the head office and branches in Nanxin County. Therefore, they seized this supplement as a basis and actively communicated and coordinated with relevant provincial departments.

This time, it suddenly expanded to the entire country!

However, Fang Qing was not in a hurry. Since the county wanted to collect this portion of tax revenue, the county leaders should do more legwork and put in more effort!

Where are there so many bargains to be found?
Otherwise, he would have resolved this matter himself long ago. Director Luo of the Central Bank's statement, "If you have any problems, just contact him directly," wasn't just a casual remark.
This matter was handled by Deng Hui in cooperation with relevant county leaders, so Fang Qingye no longer considered it; he was now thinking about something else.

Ideally, the establishment of a branch of Jinghai Bank in Shanghai should be completed before the People's Bank of China issues the official document designating Jinghai Bank as a pilot bank for financial and economic development!
Fang Qingye sipped her tea, pondering the matter. After a moment's thought, she asked Hu Lingling to call Zhao Wenjun over.

When Zhao Wenjun arrived, Fang Qingye got straight to the point: "Zhao Xing, about the work we discussed a few days ago about setting up a new branch in Pudong, Shanghai, why don't you take the lead? You worked in the banking industry in Shanghai for two years, so you're relatively familiar with the situation there."

Zhao Wenjun readily agreed: "Okay, so what about the personnel for the Pudong branch?"

"I'm still considering this, no rush. You organize a special team to start preparing for all the work, and you can choose the people yourself."

“Then,” Zhao Wenjun paused for a moment before speaking again, “I want Wei Hang, the deputy branch manager of Liulin branch, to be my deputy. After all, I still have bank business to manage, and I’m afraid I won’t be able to handle it all.”

"Wei Hang?"

"Yes, Wei Hang works in a grassroots bank and has experience. He graduated from Jiangsu Second Normal University and is a proper undergraduate."

Zhao Wenjun knew that Fang Qingye valued academic qualifications highly, so she added a sentence.

Fang Qingye hesitated for a moment and then agreed.

“Okay, let’s do it your way. When President Deng comes back, we’ll have a meeting to make meeting minutes, and then issue an official document to all branches.” After Zhao Wenjun left, Fang Qingye was still thinking about this matter.

Fang Qingye was very reassured that Zhao Wenjun was in charge of the arrangements; what he was thinking about now was the future head of the Pudong branch!
How could he not understand Zhao Wenjun's thoughts?
But this branch manager position isn't something you can just fill by randomly picking someone!

Education, experience, knowledge base, and courage are all indispensable.
However, there don't seem to be many suitable candidates available.

Some headache.

We'll figure out a solution later.

Fang Qingye thought about picking up her teacup.

Back in his office, Zhao Wenjun sat in his chair and pondered for a while before picking up his phone and making a call.

It was a call to Wei Hang.

"Old Wei, is it a convenient time to talk?"

"I'm conducting an on-site loan review for a company. Please wait a moment."

A few minutes later, Wei Hang's voice rang out again: "It's convenient now, tell me."

"You know that the bank is going to set up a new branch in Pudong, Shanghai, right?" Zhao Wenjun asked.

"Yes, I know. The meeting minutes have already been distributed to our branch."

"President Fang asked me to take charge of the preparation and set up a special team. I want to transfer you to the special team to be my deputy. President Fang has agreed. Organize your work and come to the city to report for duty as soon as the official documents are issued."

On the other end of the phone, Wei Hang paused for a moment before saying, "Thank you, Zhao Xing."

"Why are you being so polite with me? We're old acquaintances, and I hope you can seize this opportunity."

Wei Hang understood the meaning behind Zhao Wenjun's words.

As is customary, the person in charge of the project to establish a new branch is always the branch manager. This was the case for the branch managers of the Pingdong and Wuyang branches established in the past two years.

The Pudong branch is quite important, as it was personally established under the leadership of Zhao Wenjun, but it is unlikely that he will concurrently serve as the branch manager in the future.

The bank currently only has two vice presidents, and they are extremely busy. If Zhao Wenjun stays in Shanghai for an extended period of time, wouldn't Deng Hui be overwhelmed with work?

Therefore, it is highly likely that Zhao Wenjun's deputy will become the branch manager of the Pudong branch in the future!
After thinking about all this, Wei Hang paused for a moment before saying, "Zhao Xing, thank you for your good intentions, but I'm afraid Fang Xing won't think much of me. But no matter what happens in the future, I will do my best in the preparatory work!"

"Okay, it's all up to us."

In the afternoon, Deng Hui returned from her trip to the countryside.

According to Fang Qingye's plan, a meeting of the bank presidents should be held immediately to finalize the preparations for the Pudong branch and then implement them as soon as possible.

But he asked Hu Lingling to call Deng Hui to his office so he could talk to her alone.

(End of this chapter)