Reborn Xiangjiang as a Tycoon

Chapter 146 Villa and Tax

Lin Baicheng's itinerary in Japan took a few more days than expected. He had no choice but to stay in Japan for a few more days.

In the past few days, Lin Baicheng went to Zhiyin Comic Publishing House several times to finalize the serialization of "Transformers".

"Mobile Suit Gundam" and "Macross" have already begun serialization, but because the serialization time is still short, it is not yet certain whether it will be a big hit. The only thing that can be confirmed now is that there are a certain number of people watching, and no one has appeared.

Worst case scenario.

As for whether it will be popular or not, we will almost know the result after a few volumes are released.

In terms of management, Yuta Koyama did a good job, so Lin Baicheng did not interfere much.

Gold futures have also completed the purchase of all funds in the past few days. This was purchased with Lin Baicheng's private funds, so he will bring the futures delivery slip and other proof back to Xiangjiang.

On the 26th, Lin Baicheng returned to Xiangjiang.

After spending a few days to deal with things in Xiangjiang, Lin Baicheng flew to Los Angeles. The day he arrived in Los Angeles happened to be March 1.

Picking them up at the airport were Isabella Kent and Eric Davis.

"BOSS, you have worked hard all the way!"

"Well, let's go to the villa first."

Lin Baicheng nodded. After flying for so long, he was indeed a little tired.

Isabella and Eric drove two cars, just enough to carry Lin Baicheng and his party.

The car drove to Beverly Hills and came to a luxurious villa surrounded by greenery.

"Welcome back, sir!"

A man about fifty years old opened the car door and bowed to Lin Baicheng who got out of the car. Not far behind him stood two men and one woman, both in their thirties and forties.

But what made Lin Baicheng take a second look was that one of the obese men turned out to be Asian. Lin Baicheng guessed that the man was more likely to be Chinese.

"BOSS, this is the housekeeper of the villa, Mr. Dorchie Harr."

Isabella came over and introduced Lin Baicheng: "As for the three of them, they are the gardener, the maid, and the chef I hired from Chinatown. I know that you, Boss, must not be used to Western food, so I specially invited Master Yang."

"Well, you did a good job."

Lin Baicheng nodded approvingly upon hearing this. He was indeed not used to eating Western food. Isabella deserved praise for being able to think of this in advance.

"There is only one gardener and maid in the villa. Are you busy?"

This villa is really a mansion. It is completely different from Lin Baicheng's so-called mansion in Repulse Bay, Xiangjiang. The area of ​​the two is completely different.

The villa in front of him, according to the information that Lin Baicheng has read, covers an area of ​​nearly 2,000 square meters, plus the area of ​​grass and green plants, the total area exceeds 4,000 square meters. This villa in Beverly Hills

Zhongdu is not big yet, it can only be said to be medium to upper size.

"Although I'm a little tired, I've been busy, sir."

Butler Dalchi responded.

"Look at the arrangements. If necessary, you can recruit a few more people."

Lin Baicheng said and walked into the villa. He didn't need the money to hire a few employees now.

Everyone followed him into the villa.

"Isabella, Eric, you also sit down."

Lin Baicheng went to sit on the sofa and waved to the two of them.

Isabella and Eric went to sit on the sofa next to them, while Dorchi asked the maid to make coffee.

"Isabella, tell me how much I paid for this villa and how much tax I have to pay."

Lin Baicheng said aloud that although Lin Baicheng did not sell products in the United States last year, and the arcade machines were sold by agents, it stands to reason that there is no need to pay taxes in the United States. But he participated in the Los Angeles trade fair and signed a contract at the trade fair.

The orders represent the company's revenue, totaling nearly 110 million US dollars.

If you want to avoid paying taxes to the United States for orders placed in Los Angeles, you are thinking too much.

Precisely because he had to pay an extra tax, for subsequent orders, Lin Baicheng directly asked the agent to sign a contract with Galaxy Games in Xiangjiang, so there was no need to pay additional taxes to the United States for subsequent sales.

The corporate income tax here in the United States is now a minimum of 15% and a maximum of 46%. It is divided into state tax, federal tax, etc. Even non-professionals can’t figure it out. Therefore, Lin Baicheng entrusted the tax audit to a professional accounting company.

In the end, it was concluded that Lin Baicheng would have to pay 25% tax, which is estimated to be about US$8.5 million.

The 25% tax here is not 25% of revenue. If that were the case, no one would want to make money, because there are costs to create these revenues. In the end, the profits of the co-authored company are not as much as the tax.

.

Lin Baicheng is not a professional, so he doesn't know how to calculate taxes, but the professional accountant said it was US$8.5 million, so that should be the figure.

Isabella said: "BOSS, the tax you originally had to pay was about 8.5 million US dollars. The accounting company said that you can legally avoid taxes through investment, consumption, charity and other activities. You only need to pay a minimum tax of 1 million US dollars."

.Because you are not a native of the country, the accounting company does not recommend that you use other means to completely exempt yourself from tax. A certain amount of tax is still necessary.”

"Ask the accounting company how much tax you should pay without any trouble. Remember, I'm talking about any trouble. I don't want to be targeted by the IRS. As the other party said, I am a foreigner."

Lin Baicheng would rather avoid taxes less than be targeted by the U.S. Internal Revenue Service, where he would be in trouble.

"Okay, BOSS, I will contact the accounting company again."

Isabella responded, and then said: "As for this villa, it cost 5.3 million US dollars. This money was originally planned to be offset by taxes for legal tax avoidance. I will ask the accounting company again and see.

It is safest to see how much tax BOSS pays, and then you can know whether you need to make up some money, or whether there is extra tax that can be spent."

"Um!"

Lin Baicheng nodded. As early as last month when he was in Hong Kong, after learning from Isabella that he could legally avoid taxes through consumption, Lin Baicheng asked Isabella to buy him a villa in Beverly Hills.

as a foothold.

After all, you have to stay in the United States for a long time, so staying in a hotel for a long time is not a problem.

"Let's come here today, Isabella, Eric, you go back first, I will adjust the time difference, Isabella, you can come back tomorrow morning."

Isabella responded: "Yes, BOSS!"

"BOSS, then I will go back to work in the company first."

Eric stood up.

Lin Baicheng nodded to the two of them and watched them leave.

After that, Lin Baicheng asked the housekeeper Daoerqi to take him to the bedroom, and at the same time asked Daoerqi to arrange accommodation for Chen Yaoxian and other bodyguards.

As for the housekeeper and servants, Lin Baicheng planned to use them first, and if he was not satisfied, he would replace them.

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(End of chapter)