I'm almost a Muggle

No matter how everyone evaluates Zhou Longxing.

In terms of film achievements alone, there are only a handful of people who can surpass him in the history of Chinese film.

And during Lin Dong's brief contact with him, he didn't have any bad feelings towards this person.

After all, when filming "Journey to the West", the assistant director took him to film the scene, and they only met Zhou Bo later when he went to visit the studio.

What made Lin Dong even more fond of him was that he also invited Lin Dong to dinner.

Those who invite me to dinner are all good people and will not accept any objection.

"It feels like we haven't seen each other for just a few days, but you are about to become the largest entertainment company in the mainland." Zhou Longxing was very emotional.

To be fair, the last time he saw Lin Dong, he really didn't take Lin Dong seriously.

Although he brought capital into the group, Lin Dong only brought 20 to 30 million, which was nothing compared to the capital he had seen.

It was because Zhang Wen knew Lin Dong and Zhou Bo also knew Lin Dong that they treated him differently.

No one expected that in just two or three years, Lin Dong's small company would flourish and become one of the top entertainment groups in the mainland, with subsidiaries involved in film and television, variety shows, music, distribution, visual effects, theaters...

"What can Master Xing take care of this time?" Lin Dong just ordered a table of dishes to receive Zhou Longxing.

Accompanying him were Shi Shanshan, Pei Qianlong, Wang Kuo, and Pei Qinhu, who thought he could spend a two-person world with Mr. Lin.

By the way, Wang Shuo finally returned to the capital yesterday. In order to celebrate his boss's birthday, he also participated in activities such as the Miaobang Music Festival.

His voice is still a little hoarse.

Yesterday, I kept calling Lin Yoona at the scene, and she looked like a crazy fan.

Taking 5% of the movie's box office share, the Kleist Cultural Fund has accumulated more than 200 million from the beginning to now.

Thanks to Wang Shuo's efforts, approximately 130 million has been spent on the construction of Xingfu Primary School and hiring of teachers, with donations from students.

Because the places where schools are built are all in backward rural areas, and there is assistance from the local government.

Therefore, the cost of building a primary school generally does not exceed 500,000.

Including teachers' salaries, students, etc., another five hundred thousand a year is enough.

Therefore, when Wang Shuo came back this time, he brought back a group photo of Xingfu No. 128 Elementary School, all of which were filled with tiger-headed elementary school monks.

More than a hundred schools have completed their work in a low-key manner.

Lin Dong didn't ask anyone to apply for tax exemption, so we won't take advantage of this.

In fact, funds are a very profound subject.

People abroad often donate their entire family property, which has attracted many Chinese people to envy them and complain that the rich people in their own country are rich and unkind.

Some people counter that foreign wealthy people do this to avoid taxes.

This is actually true, but it does not touch on something more essential.

If all the family property is donated, how can we avoid tax?

Even if the inheritance tax in foreign countries is very high, about 50%, wouldn't it be nice to leave half of the property to your children and grandchildren?

Aren’t you afraid that after donating all your property, your descendants will be too poor to eat?

Well, this is probably what many people don’t understand.

The so-called donation of all wealth by these rich people is actually donated to a charity fund - this charity fund may have been established by themselves.

There is no tax on donations, you can donate as much as you want.

The next step will be much simpler. I will let my son be the person in charge of the charity fund, and I will pass it on to my grandson in the future... There will be no end to the number of descendants.

All members of the family can join the foundation as senior executives and can freely decide how to spend the money in the fund.

Is this different from inheritance?

Some people may ask, if this is the case, then why don’t our domestic rich people learn and sell now?

Very simple.

Foreign private funds require that the fund must allocate 5% to charity activities every year.

Moreover, this 5% also includes the salary paid by the fund management themselves, as well as the fund management fees. If calculated in this way, 5% will be reduced a lot.

Others say that even if it has shrunk, it is still a lot compared to 5% of tens of billions or hundreds of billions of dollars.

Then you are really too naive.

What they call public welfare does not mean donating money to build primary schools or donating money to treat leukemia in children, but using money to invest in education brands and invest in the research and development of drugs to treat leukemia.

This kind of public welfare investment not only provides huge returns, but can even eliminate most taxes.

In fact, the so-called rich people who donate all their wealth, the rich people who donate billions of dollars every year, may not have ever done any real charity.

In the end, some people must ask, why don’t our rich people learn from it?

Simple!

China stipulates that the annual investment of private charity funds in public welfare undertakings shall not be less than 70% of the previous year's income.

For example, the charity fund of Crest Culture Media received a total of more than 200 million in funds this year.

Then next year, most of the money must be used for charity.

It must be spent within a year!

If Dad Ma, no matter which Dad Ma is, donates all their family property this year, such as 80 billion Huaxia coins, then this charity fund must use 56 billion within the charity scope stipulated by China next year.

Therefore, there are very few private charitable funds in China.

Most of the charitable funds active in China are actually established abroad, and they follow a set of European and American rules.

The purpose is not necessarily to avoid tax, but it actually has the effect of tax avoidance.

If you think about the foundation of a certain martial arts star, you will know why he changed his nationality.

Compared with the money he made for charity, the inheritance tax he avoided was simply an astronomical figure.

Kleist didn't play those tricks.

Although it has a foreign company name, it actually handed over the taxes to China, and even established a fund without any operational troubles.

The reason why Wang Shuo finished his work and returned to the capital after supervising the construction of No. 128 Xingfu Primary School.

Of course it's not to celebrate Mr. Lin's birthday.

It’s not just to see Lin Yoona.

That was all a joke. The main reason is that I am worried that the foundation will not have enough income next year and will not be able to meet the goal of spending 70% of this year’s income.

So stop for now.

There is only more than 90 million left in the account.

Next year we will see whether to do something else or continue to build a primary school like crazy.

From the map, 128 primary schools cover more than half of the provinces, especially in underdeveloped areas, which are even more densely packed.

I just hope that these children from poor families can gain some energy and not miss out on opportunities that are fairly fair in comparison.

You are born inferior to others.

No matter if this thing is fair or not.

You only have this one chance to change your destiny!

The juicer works hard and achieves great results, so it is natural that Lin Dong will be treated as a guest of honor.

There is absolutely no problem with such a lineup for hosting Zhou Longxing. In fact, if any one of them is used to host Zhou Longxing, it will not look shabby.

Even though Zhou Longxing is a super director, he also has his own investment company.

Lin Dong has already made plans.

We will start reorganizing the structure next year, letting people who should be promoted go up, and those who should be "eliminated first" will be sent to do less risky work.