Chapter 130 A Business Genius Who Went Astray
"Hahaha!"

"I'm dying of laughter! Dao Ge and his two idiot thieves are really unlucky!"

"That international thief is going to make me laugh to death; he even managed to buy a rope that was too short."

As the movie continued, the audience in the theater laughed more and more, finding the film incredibly funny and entertaining.

A piece of jade was handled by a group of people. Even though it was real, it was taken away and exchanged for a fake. No one wanted the real one, but a group of people fought over the fake one.

Even Li Boda and Gao Yuanyuan couldn't stop laughing.

The movie had progressed to the later parts, and Li Boda finally made his appearance.

Wearing a well-tailored suit and exquisite makeup, he exudes a handsome aura!

Many moviegoers couldn't help but be impressed when they saw Li Boda, who looked incredibly handsome in a suit.

"so hot!"

"Holy crap, this guy is obviously too handsome, even a tiny bit better than mine."

"Hmm, not quite as good as me."

"Damn, you really have no shame at all."

Li Boda's appearance surprised many people, but when Li Boda faced Wang Xun and started to scold him, the audience realized that Li Boda was actually a villain, the biggest villain.

Many people were taken aback, but the idea that one's values ​​are dictated by physical appearance is quite common in this day and age.
Some female viewers in the movie theater couldn't help but start muttering.

"The boss is so handsome, why don't you just sell your jade directly to him?"

"Yeah, it's not like we're not paying."

"That dilapidated factory is just sitting there anyway. If the owner is willing to buy it, you should just sell it. Why bother with all this other nonsense?"

Some female viewers have already started whispering among themselves in the movie theater.

Some of these words even reached Li Boda's ears, causing him to look somewhat strange.

According to the script, this character was supposed to be a complete swindler and a complete villain, but just because Li Boda is handsome, even when he played the villain, people would speak up for him, which left Li Boda speechless.

Of course, apart from these female viewers, most of the rest will still follow the movie's plot.

Li Boda, that villain, was mistakenly killed in his office by an international thief, who was then captured.

These kinds of jokes still make people laugh non-stop.

After the movie ended, applause erupted in the theater. Amid the applause, Ning Hao and the others stood on the stage again, saying various things, mainly to thank everyone for their support.

Originally, Li Boda planned to leave after the movie premiere, since he was just a minor supporting character in the movie.

However, Ning Hao noticed that Li Boda would be quite popular with women in this movie, and in addition, Li Boda's fame was indeed much greater than that of other people for ordinary viewers.

So in the end, Ning Hao grabbed Li Boda and wouldn't let him leave.

"Brother Da, you're a major shareholder in our film, how can you just leave like this?"

"Even if it's not for us, it's for your investment!"

"You've invested so much money in this movie, you don't want it to go down the drain, do you?"

Ning Hao and the others kept talking, trying to persuade Li Boda not to leave just like that, since Li Boda's appearance was definitely a good thing for the movie's box office sales.

To ensure the film's success, Ning Hao was truly willing to use every possible means.

Fortunately, Li Boda's next project is "The Legend of Lu Xiaofeng". Although the role he plays sounds important, it is actually Ximen Chuixue, who has relatively few scenes.

Therefore, the production team was not too strict with Li Boda. They didn't have any objections if Li Boda left the production team for a week or two, or even a month or two.

So, persuaded by Ning Hao, Li Boda decided to stay and join Ning Hao and the others on a promotional tour for the movie "Crazy Stone".

However, on the night the movie was released, when Li Boda was sleeping alone, the golden finger arrived as expected.

Li Boda transformed into a rich second-generation heir.

This rich kid is quite capable; he's not lacking in ability and has a decent business sense.

However, instead of taking the right path, or rather, the honorable path, they chose to take the wrong path when faced with the temptation of money.

Just like the factory site in the movie, after he took a liking to it, he still inquired about the situation and tried to buy it at a lower price. After being rejected, he started deliberately targeting and making things difficult for the other party. After a news story about jade came out at the factory, instead of thinking about raising the purchase price, he thought about stealing, robbing, and cheating. When Li Boda woke up from his dream, his mind was filled with a lot of business-related knowledge and information, and even many ways to make money through crooked means came to mind.

This left Li Boda somewhat speechless.

They did get what they wanted, but most of it was through crooked means, not the proper way to do business.

However, in reality, as long as these unorthodox methods aren't too outrageous, there aren't many problems with doing this kind of business.

After all, these days, anyone who owns a company or is a wealthy boss can't be clean; nobody is a good person.

The reason why the rich second-generation boss in "Crazy Stone" was unlucky and killed was not so much because he went astray, but because movies are just movies and are not realistic enough.

Normally, in reality, you would take a crooked path, make a fortune, and once you've accumulated enough money, you'd launder your money, get back on track, and become the owner of a successful business empire.

However, the information Li Boda obtained was mostly related to real estate, because the character in "Crazy Stone" was skilled in real estate. In reality, it wouldn't be so easy for Li Boda to get into real estate.

After all, real estate companies and the like are almost never clean. For a newcomer or an outsider to try to break into the real estate industry, they're just throwing their life away.

Of course, real estate and such things are not important to Li Boda at the moment.

Importantly, Li Boda now has a new understanding of money, or rather, of taxation.

Celebrities like Li Boda, who earn millions a year, have to pay 45% in taxes, and Li Boda has always paid taxes according to this standard.

However, Li Boda now realizes that he was really too honest and too naive before!

Individuals pay a lot of taxes, but as long as they open a company or a studio and apply the same system, Li Boda's tax rate can be reduced from 45% to 35%.

This is just the simplest way to avoid taxes, and it's all compliant and legal.

In addition, Li Boda had even more precise, reasonable, and legal tax avoidance methods in mind.

The process still involves setting up a studio or company, then transferring one's income under the studio or company's name to change the nature of the income. After that, another studio or company is set up, and the income is further changed. This cycle continues, and through final assessment and collection, Li Boda calculated that, in the end, he only needs to pay 3.5%.

Li Boda was dumbfounded when he saw the things he had written and drawn in the notebook.

He never expected that, putting everything else aside, just the tax aspect alone could be manipulated in such a way, with such a large price difference.

Forty-five percent, three point five percent.

Moreover, all of this is done within compliant and legal procedures.

Although he exploited a loophole, the overall method was compliant and legal. Even if this matter were taken to court, the court would have to say that Li Boda was innocent and that he did the right thing.

"Damn, this rich kid is really something else." Li Boda muttered to himself as he looked at the huge pile of things he had written and drawn in his notebook.

A business genius who doesn't follow the conventional path and prefers to take crooked and unorthodox approaches—this kind of business genius is truly too genius, too amazing.

Of course, if you really want to implement the ultimate procedure, although you will pay far less tax, it is actually very complicated to operate. You would have to set up more than one company or studio.

So when Ning Hao and the others came to find Li Boda the next day, wanting him to go on the roadshow with them, Li Boda refused outright.

"Hey, no, Brother Da, didn't we agree on this yesterday?" Ning Hao was a little surprised.

“I’m sorry, Ning Hao, I just remembered. I invested in this movie, and the profits will gradually come in after the movie is released. If I invest in it personally, I’ll have to pay at least 45% tax on the profits. So I need to set up a studio right away to avoid that. I’ll make it an investment through my studio, so I won’t have to pay so much tax once the money arrives.” Li Boda explained simply.

Ning Hao and the others were a little confused.

As professional actors or directors, they hadn't really thought about opening studios or companies to legally avoid taxes, mainly because they hadn't been involved in this industry before.

But now, after hearing what Li Boda said, Ning Hao and the others suddenly realized that what Li Boda was saying seemed to be quite important.

This is especially true for Ning Hao.

After all, the others are just actors who don't earn much and can't make much money in a year. It seems like legal tax avoidance doesn't apply to them at all, but Ning Hao is different.

This time, he invested all his savings for his wife. If he makes a profit, he will still have to pay taxes again after the investment is returned.

So Ning Hao couldn't help but start to become interested in the studio that Li Boda had mentioned.

"Boda, what's the situation with the studio and company you mentioned? Can you tell me about it?" Ning Hao wasn't in a hurry to go on any roadshows.

“Ning Hao, when we make money through personal investments, the more money we earn, the more taxes we have to pay…” Li Boda briefly explained the situation to Ning Hao.

(End of this chapter)

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