giants of the era

Chapter 176

Every December, the big Christmas purchases in the United States begin, and American shopping malls are launching a large number of discounts and promotions to carry out the last large-scale promotion at the end of the year.

Most of the companies under Li Zetian's name are high-tech enterprises, and many products have not yet been developed, so there is no promotional activity on Christmas.However, the Flamingo company can add electronic pets to the promotion. As for the home console and other games, it is still far away!
Sunbird Company and Atari Company seem to be enjoying the big Christmas purchases this time. Atari 2600 sold 15 machines and countless game cassettes.

The boss of Warner Bros. was grinning from ear to ear.

When he was interviewed by media reporters, he said arrogantly: "The market share of Atari 2600 has increased significantly, which has further consolidated Sunbird's dominance in the game industry! No competitor can compete with Sunbird. !Any company that opposes Sunbird will end badly, and we will not let the other party's games land on the Atari 2600 game platform!"

Obviously, these words meant something, satirizing the Flamingo Company!
At this time, seeing the popularity of the "Atari 2600" home game console, the world's major media couldn't help but lose confidence in Flamingo.Because the more market share the Atari 2600 occupies, gamers and third-party software developers will choose the Atari 2600.However, it is really difficult for Flamingo Company to come from behind.

The media really fell with the wind, and for a while, they were optimistic about Sunbird Company and bad about Flamingo Company.

However, in the eyes of the people of Flamingo Company, this view is simply ridiculous.

When the Flamingo game comes out, who will compete with it? !
Sunbird Company?Hehe, the garbage games developed can flood Jinshan...

Li Zetian also dismissed the media's remarks. At the moment, he is busy.You know, as soon as the end of the year arrives, the company's financial statements will be released, and taxes must be filed and paid immediately.

There are many properties under his name, so naturally he has to pay a lot of taxes.

Therefore, Li Zetian has to think about how to legally avoid taxes every year.

This year, more than a dozen companies under Li Zetian's name generated nearly 200 billion US dollars in revenue.Among them, Roche pharmaceutical company took the lead, accounting for 104.2 billion US dollars; Intel ranked second, 35.2 billion US dollars; Microsoft third, 16.5 billion US dollars; Hutchison Whampoa fourth, 14.5 billion US dollars; Netflix fifth, US$12.3 billion; Star Wars Film Company sixth, US$9.5 million; Panda Catering seventh, US$4.2 million; Oracle eighth, US$2.9 million...

Gross profit averaged 34.5 percent of revenue, or $69 billion.

However, in order to avoid tax, at the beginning of December this year, Li Zetian asked the LY Foundation to establish a large non-profit hospital in Los Angeles - Chronos Hospital, followed by Microsoft, Intel, Netflix, Roche Pharmaceuticals, Flamingo and other companies They have donated to the LY Foundation in the name of charity to support the construction of Kronos Hospital, totaling 12 million US dollars.

Non-profit hospitals are not non-profit, and the profits of Chronos Hospital will belong to the LY Foundation, which can be used to purchase equipment, introduce technology, develop new service projects or provide citizens with low-cost medical and health services.

Although the LY Foundation is a charitable organization, it can’t sit still. In addition to making financial investment, building a hospital is a very good choice. It can not only make money, but also conduct medical research, collect clinical data, and strengthen cooperation with Roche Pharmaceuticals and Genentech. Collaborate to facilitate the development and marketing of pharmaceutical products.

For example, Roche Pharmaceuticals has developed a new drug. Without the approval and recommendation of the hospital, it will be difficult to promote the new drug.

In addition, with a powerful hospital, personal health problems are also greatly protected.

After doing charity work, many companies took part of the money for dividends. Li Zetian and Yu Jingqiu received a dividend of 2 million US dollars, but they still had to pay the dividend tax. Fortunately, the dividend tax was not high, only 20%. In fact, because before, the company The tax has already been paid once, plus the dividend tax, the tax paid successively may exceed 45%.

So, after tax, Li Zetian and Yu Jingqiu got 1.6 million US dollars.In fact, the two of them received a symbolic salary of one dollar in each company, all relying on dividends.The tax and dividend tax paid by enterprises are already equivalent to personal income tax, and there is no double taxation.

In addition, when the company distributes dividends, most of the funds go into the umbrella company, because the umbrella company is the parent company with the largest number of shares. Li Zetian and Yu Jingqiu's personal shareholdings are not too many. Invest or create a company in the name of the company.When a subsidiary distributes dividends, individuals need to pay a 20% dividend tax, but the parent company does not need to pay taxes again.This is a legal tax avoidance method.For Li Zetian, there is no difference whether the money is in a personal account or an umbrella company account, and he can use 100% of it anyway.The Umbrella Company is also affiliated with the Li Family Trust Company. The purpose of this is to prevent future 50% inheritance tax from being paid to the US government!

The LY Foundation and the Li Family Trust Company will be the foundation for the longevity of the Li Family Consortium and are particularly important.

December is over and the new year is finally here.

1980 is destined to be an extraordinary year. Flamingo, Galaxy Network, Sun Computer System, and Violet Records will all make their voices tremble in this year!

Li Zetian and Yu Jingqiu went to Hawaii for vacation during Christmas, and they returned to the United States on January 1980, 1.After returning, the two started to work separately.Michael Jackson has turned into a desperate man. When Yu Jingqiu came back, his album had already been recorded, but there were only 15 songs.At present, the album is undergoing some post-processing, including noise removal, sound correction, polishing and so on.

Li Zetian took the time to go to Violet Records and listened to every song of Michael Jackson. It felt very powerful. Except for the three songs he wrote for Jackson, the other six songs were written by Jackson himself.Li Zetian couldn't help sighing, creative genius singers are different! ! !
In the office, Li Zetian, Li Xueyu, and Michael Jackson were discussing when to release their new album.

Michael Jackson said, "It took a week in post-production."

Li Zetian looked at Li Xueyu with questioning eyes.

Li Xueyu said: "Violet Records bought a large-scale vinyl record production factory, which can produce 500 million vinyl records per month."

"Then let's release it on March 3st, and put the record on sale at the Netflix rental store!" Li Zetian said lightly.

Michael Jackson was surprised. Netflix is ​​the largest video rental and sales chain store in the United States, and it has grown to hundreds of branches with a huge scale.Violet Records is the property of Chronos Li, and the resources that can be utilized are really huge!

"Also," Li Zetian turned to look at Michael Jackson and said, "Jackson, you can prepare to make the MV now. If the MV is on MTV, it will help promote the sales of the album! The company will spend a lot of money to create the MV and shoot it in miniature The style of a music movie! As for how to shoot the MV, it is up to you to discuss with Quincy Jones and decide!"

"Okay, Mr. Li." Michael Jackson nodded excitedly.

(End of this chapter)