blackstone code

Chapter 1981

The current board of directors of the joint development company still has a rotation system.

The board of directors of the joint development company shall be composed of at least three major shareholders and nine employed members, one of the three major shareholders will attend the chairmanship of the board of directors.

Whether the chief executive officer of the company is held by a major shareholder or hired from outside depends on the internal resolution of the board of directors.

Generally speaking, the order of the company is still guaranteed.

As the major shareholder of the company, Lynch is only named as an honorary director, not a rotating shareholder director.

The current rotating chairman of the board of directors is another major shareholder.

The CEO is a hired professional.

With the arrival of these two people, there were fewer people whispering in the conference room.

"Everyone's here?"

The chairman of the board of directors glanced roughly at both sides of the conference table, and then the secretary said that everyone had arrived.

Except for a few people who were unable to come due to unexpected events and sent representatives, the others arrived in person.

The chairman of the board of directors nodded slightly, glanced at Lynch, and started the content of today's meeting.

"Maybe you will be a little curious why we have to hold such a meeting at this time, because we will hold the second quarter and the first half of the meeting in a short time."

He paused for a while as he spoke, letting these people ponder the meaning behind this sentence.

After waiting for about 20 seconds, he continued, "Mr. Lynch called me earlier and talked about something we didn't notice."

"When he talked about the attribution of rights in the new federal special state, I realized that we have overlooked some issues."

There were some whispered discussions in the conference room. It was precisely because of the words of the chairman of the board that they guessed what he meant!
And this has obviously hurt their interests!
It's just that before that, everyone may have subconsciously ignored it, or in other words, they didn't think the federal government would interfere with their operations.

But when the chairman of the board raised this matter, people may not be as sure as before.

Doubt is a very strange emotion.

It's like when a husband starts to doubt his wife's social life, everyone seems to be the saboteur of his family!
Moreover, once this kind of doubt is born, it is difficult to completely calm down, and it will always accompany the life cycle for a lifetime.

Even if the wife cuts off social interaction, the husband will continue to be suspicious.

Doubt the past, doubt the process!
"Before we signed a series of agreements with the federal government, including but not limited to our control of Nagalil's tariffs, the establishment of import and export trade lists, and to a certain extent, the stabilization of the local situation..."

Everyone nodded. In fact, the contract itself had more content than what was said.

At that time, the federal government did not want to show an aggressive posture in the international community, so the intervention in Nagalil was mainly carried out through the Nagalil Joint Development Corporation.

Of course, the federal government will not interfere in the internal affairs of other countries. All these are selfish acts of capitalists!
In the past few years, everyone has gotten along very well. The federal government has given the joint development company a lot of respect. In return, the new Nagalil Federation is more inclined to the federal government.

On top of that, there are substantial taxes, and harvests on the free market.

The Federation dumped goods to Nagalil, saving the domestic factories that were on the verge of bankruptcy.

Factories get orders and profits, and keep workers on the job.

Workers have stable jobs, the employment rate will not decline further, and social security remains good.

The people are satisfied with their current life, so they are naturally willing to vote for the ruling party.

And the ruling party got everything they wanted from it!
"But now, our relationship is facing a unilateral breach of contract from the federal government!"

The tone of the chairman of the board was very serious. After Lynch told him his thoughts, he immediately contacted some people to investigate the new policy.

It turned out badly!
He asked the secretary to distribute some materials to everyone.

Lynch also got a copy.

The above is not a commercial contract or the like, but the new federal government of Nagalil commissioned the federal government to carry out post-war reconstruction work from the central and eastern regions of Nagalil to the east.

That's all there is to that contract!

The federal government has never had any real secrets. If someone feels that the truth they want to know is always hidden, it can only be said that this guy does not have enough money and social status.

The status of the rotating chairman of the United Development Corporation's board of directors is high enough, rich enough, and has enough political allies, and he can get this.

Lynch flipped through it casually, and some special places were underlined.

"The content of this contract was drawn up by the federal government, and the new federal government didn't know its general content until it was signed."

"It has been a few days since I got this contract, and I have marked out everything that I think is unreasonable."

What he said is unreasonable does not mean that it is unreasonable to the new federal government of Nagalil, but it is unreasonable to the joint development company.

He then began to explain one by one...

Lynch was also watching. He didn't listen to the chairman's explanation. He had eyes and he only believed in his own analysis.

The New Federation of Nagalil must not be able to afford such a large amount of reconstruction money, so according to the contract, they handed over 70.00% of the domestic tax to the federal government.

The remaining 30.00% can only maintain the operation of the new federal government.

Obviously, judging from the current development trend, taxation in Nagalil will always be a big problem in at least the next 20 to 30 years.

A very simple reason is that Nagalil does not have a tax environment like the Federation. They do not have the habit of filing taxes, nor do they have the habit of paying taxes.

Moreover, their population is larger. If the tax system is to be improved, even for the Federation, it will be a very painful and troublesome process!

In other words, this article can be regarded as a switch, a switch for the following clauses.

In layman's terms, if the Federation never resolves tax issues in Nagalil, then Nagalil may not be able to afford the reconstruction costs for hundreds of years.

If the federal government still counts interest, then they may never get rid of such provisions.

And this is entirely for the sake of more unequal terms as a precondition.

When Lynch continued to look down, he had already discovered this.

The first is the easternmost region, which has the best deep-water port in the world, and will also serve as the world's largest commodity and cargo distribution center and the center of world logistics.

At the same time, this area will also serve as a free trade zone.

Before the new federal government of Nagalil has paid off its arrears, the federal government will charge a certain fee for transactions in the free trade zone.

As the maintenance cost of the city, the maintenance cost of the port, etc., until the new federal government of Nagalil has paid off all the arrears.

Secondly, the transaction tax generated in the economic and financial center of the southern hemisphere in the central region will be shared equally by both parties.

But there is also a condition, that is, the arrears must be paid off, otherwise the various income that Nagalil deserves will be obtained by the federal government.

In addition, various tax items such as consumption tax and personal income tax generated by the three states are temporarily taken over and collected by the federal government.

All taxes will be in accordance with federal tax rules.

In other words, the federal tax system will fully cover the three newly established states and will be collected by the federal government.

It seems that this has nothing to do with the joint development company, but in fact it has too much to do with it!
Before the establishment of the three special states, Nagalil did not have a well-established tax system, and most people did not pay taxes.

Including the joint development company itself, they do not pay taxes.

But now, under the promotion of the federal government, the entire society of Nagalil will be divided, and wealth will be highly concentrated in the central and eastern regions.

And this part will also become the main battlefield of the joint development company in the future.

But it, is now taxed!
The federal tax is not light!
This also represents the era of huge profits of the joint development company, which will completely disappear!

The tax ranges from [-] to [-] percent, and as much as more than half of the tax.

Foreigners doing business in Nagalil now have two options.

Either go to the Midwest and deal with the poor, and you don't have to pay any taxes that way.

Or go to the middle east and deal with rich people, but pay taxes!
Everyone knows that the poor don't have much money in their pockets. It is not difficult to make money from them, but it is difficult to make a lot of money.

The rich are rich and can make a lot of money, but taxes can be a problem.

Because the federal taxes are too fucking rich!
"Is everything signed?"

Someone asked.

The chairman of the board of directors nodded solemnly, "Yes, it has been signed, but it has not been announced to the public, and it may not even be announced to the public."

"Because it..." The chairman of the board shook his head slightly, obviously there were a lot of unfair terms.

This will cause some social problems, especially for the young people in Nagalil.

They don't necessarily want so many shackles of inequality firmly imposed on them, they will be disappointed by the new federal government, which will cause unnecessary trouble.

The current attitude of the federal government and Nagalil is to sign what should be signed and what should be done, and what can be summed up in one sentence should be summarized in one sentence, and the detailed content will never be discussed.

Someone put forward a point of view, "If we announce the contract, how about we plan it over there and push the opposition forces in Nagalil?"

The chairman of the board is still shaking his head, "It's not too good."

"The public opinion over there is too much, and we will suffer huge losses. Don't forget, to them, we are also foreigners, and we have signed many unequal treaties with them."

"If the hype isn't hot enough, it won't do much, and it will make the federal government wary."

"I've heard they're also interested in tariffs..."

(End of this chapter)