Dominating Hollywood: Starting with Scarlett

Chapter 132 Tax Avoidance Blueprint
The caller was from Attorney Kirk's daughter. She said that Attorney Kirk suddenly went into shock while sleeping last night and entered the emergency room. He has now been rescued.

Unfortunately, his neurological function was damaged and he is now unable to speak.

When Tang De rushed to the hospital, he saw a skinny old man lying on the hospital bed and being fed by his daughter.

"Hello, is this Tang?" Attorney Kirk's daughter stood up, and Tang De nodded: "Is he okay?"

"It's not good. The doctor said he must be on a ventilator during this period. Just call me Shana." Attorney Kirk's daughter is a brown-haired girl with freckles on her face. She wears glasses and seems to be still alive. study.

"Then how can he communicate with others now?" Tang De sat on the chair, while Tom walked outside and guarded the door.

"He... can't communicate with others now." Shana curled her lips and turned to look at her father, who looked like he was having a stroke, with his mouth and eyes crooked.

"Okay, do you need any help?" Lawyer Kirk had helped Tang De handle many contracts, and he still had great respect for this principled lawyer.

However, after the company got on track, it had already signed an agreement with a large law firm, so he hadn't talked to Lawyer Kirk for a long time.

"It's nothing, dad's money is enough to treat his illness." Shana sat beside the bed: "But he may have felt that something was going to happen to him, so he wrote a document in advance with all the things that needed to be dealt with. Don, you’re one of them.”

"I see."

"But your matter is more complicated, involving your company's equity structure and some miscellaneous matters. I really can't deal with it, so I can only call my father's students."

"Student?" As soon as Tang De said these two words, he heard the sound of leather shoes coming from outside the door.

"My little Shanna, long time no see!" A blond man wearing a gray suit and a yellow tie walked in. He looked quite handsome, a bit like Brad Pitt.

"Little Pete, long time no see." Shana responded with the same words, not losing the slightest bit.

"I have said many times that my name is Loren Ortiz. Sir, please call me Loren. I am the teacher's student and have worked under him for several years."

"Hi, Luo Lun." Tang De shook his hand politely.

"So why did you call me here? Is it to take care of the teacher day and night to show my noble character? Forget it, I might as well give you five hundred dollars to hire a caregiver for the teacher."

Lauren spoke very directly and acted resolutely. It seemed that he worked in an elite law firm.

"I know your time is valuable, but now it's my money to buy your time, so please show some professionalism, little Pete." Shanna said with no expression on her face.

Tang De raised his eyebrows and thought it was very interesting. He wanted Lawyer Kirk's students to come to the hospital and also buy his time. This was very American.

"Okay, okay." Lauren sat on the chair, took out his notebook and pen and said, "Tell me, dear, what do you need to consult?"

"It's not me, it's him." Shana pointed at Tang De, and then handed over a few pages of paper in her hand: "My dad used to be his lawyer, but now he has fallen and I need you to handle some things."

"Of course, no problem. Well, let me take a look." Laurent looked at the contents on the paper carefully, but it didn't matter. The next moment, his eyes suddenly lit up.

"What a surprise! Mr. Tang De, it turns out your business is so big! Sorry, I didn't formally introduce myself just now." Luo Lun turned his head and put on a professional fake smile and said: "I now run a business consulting company company, working as a business consultant.”

"Business consultant?" Tang De felt that these words seemed to hide a lot.

"That's right!" Luo Lun whispered at a very fast speed: "Asset transfer, asset restructuring, bankruptcy filing, and reasonable tax avoidance are all within the scope of my services."

"So that's it." Tang De suddenly realized that it turned out to be a company that specializes in asset management for wealthy people. However, such companies are indeed needed in places with heavy taxes like the United States.

"But what does that have to do with me?"

Lauren laughed: "Of course it does matter, because you own a brokerage company, an advertising company, and the most important thing is that you also have a multinational company. Maybe there will be more companies in the future. I can see that you are Trying to map out some kind of business map.”

He had consulted Lawyer Kirk before on the matter of multinational companies, but he didn't expect that he would suddenly become paralyzed.

"Hmm..." Tang De was noncommittal.

Lauren continued: "So of course you need me, because I can not only help you avoid taxes reasonably, but also help you hide behind the scenes."

"Tell me about it." Tang De immediately became interested in this topic.

"Okay." Luo Lun tried his best to explain to Tang De in the simplest way: "First of all, tax avoidance is not tax evasion. Tax avoidance is a very normal business behavior. Just like it costs 232 US dollars to fly from New York to Los Angeles, and if you do it yourself It costs $189 to drive there. The difference is equivalent to the amount of tax savings you get back by spending the extra time.”

As Luo Lun spoke, he drew two lines on the paper to help Tang De understand: "If your money is all earned and spent in the United States, then there is basically no need for tax avoidance, but if it involves transnational For companies, tax avoidance is very important. "Because modern countries have two principles for tax collection: the territorial principle and the personal principle. The former says that no matter where you are from, as long as you have transactions and income in my country, you have to pay taxes. The latter is that no matter where you go to earn money, as long as you are my citizen, you have to pay taxes. "

"And many countries do both in parallel. That is to say, if your multinational company generates profits, it will have to pay taxes to both the country of registration and the country where it makes money. Do you know how much money this will cost? Twenty percent, one hundred percent Thirty or even forty percent of the net profit."

Luo Lun put his fingers together: "It's just such an exaggeration, Mr. Tang De, but it's not impossible to solve."

Tang De nodded thoughtfully: "You continue."

He really needs to know something about tax avoidance. As the company grows bigger and bigger, it is no longer as small as it used to be. The annual net profit is a large amount of money. Of course, he refuses to let taxes collect. Go twenty percent.

“The solution is to register the company somewhere where there is no tax rate, you know the Cayman Islands, the British Virgin Islands and Ireland?”

"The corporate tax there is zero, and the company does not have to pay any money earned from its operations. We can register multinational companies in one of them and avoid paying part of the tax."

"But this is only part of tax avoidance. After solving the country of registration. The more important thing is the country where you make money. In fact, if you are doing physical business, then I may not tell you these contents, but now it is just right, you can do it It’s creativity, copyright, and brokerage contracts. This kind of intangible asset is very suitable for tax avoidance.”

When Luo Lun said this, his expression became a little excited, but he still paused and chose to look around: "Is it safe here? Mr. Tang De, why don't we go to the company to have a talk?"

Tang De knew that what he was going to talk about next was the most important tax avoidance step. People talk a lot. This is their livelihood and cannot be said easily.

"Okay, let's go to the company."

As soon as Tang De finished speaking, Laurent stood up and looked at Shana: "Where is my consulting fee?"

"Ask him for it." Shana turned to look at Tang De.

"Me?" Tang De didn't know whether to laugh or cry. He paid for the time he spent with Luo Lun. This girl really knew how to lend flowers to Buddha.

But he didn't hesitate at all and said directly: "Let's go to the company first and figure it out together."

Of course Lauren drove here, and Tom followed his car all the way back to his company.

I saw that the company was very small, with only a few workstations and one office. Several employees were doing nothing at their workstations. It seemed that Luo Lun's business was not very good.

Seeing this, Luo Lun explained: "You know, a company like ours needs to keep a low profile, and customers are all one-time transactions."

Tang De raised his eyebrows, but did not expose his lie.

The two entered the office. Luo Lun took off his coat and poured a glass of milk for Tang De first, because Tang De didn't drink coffee.

"Go on." Tang De held the cup and listened.

Luo Lun immediately said: "Okay, let's continue the previous topic and say that these intangible assets in your hands are the most suitable for tax avoidance, because we can move the funds offshore."

"Offshore funds?"

"That's right, let me give you an example. Your supreme creativity and the contract entities it has signed with many companies can be placed on those Caribbean islands with zero tax rates, so that you can reasonably avoid taxes. All you need to consider is how to put them These funds are transferred in. In fact, big companies like Microsoft and Google do this. Hollywood stars also avoid taxes in this way. This is a huge offshore market."

"Then how to transfer funds to China?" Tang De asked.

Lauren smiled and said: "Then you need me. I can first apply for the tax resident status of the Bahamas for you. You only need to buy a house there. Then I can help you negotiate with Luxembourg and open a low-income apartment for you." tax rate company.

"Because of your status as a Hollywood celebrity, although your current works may not allow everyone to know you, but don't worry, we can talk about the five percent tax rate first and continue talking after you become famous.

"Then you will use a BVI (Virgin Islands) company to control the Luxembourg company, then use a Cayman Islands company to control the BVI company, and finally you will control the Cayman Islands company."

"After such a series of operations, your corporate tax rate will become 5%. You only need to pay this small tax rate to transfer all your income to the country."

“And what’s the biggest benefit, you know?”

"What is it?" Tang De raised his eyebrows.

"It was you who completely disappeared from the company! Like magic, boom!"

(End of this chapter)