I’m Almost Losing to a Muggle

Chapter 303: The Juicer Is Back (Add 25 for Madman Oye)

No matter how everyone evaluates Zhou Longxing.

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

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

After all, he was filmed by the assistant director during the filming of Conquering the Devil to the West, and we only met Zhou Bo later when he went to visit the cast.

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

Those who invite me to dinner are all good people and do not accept rebuttals.

It feels like I haven't seen you for a few days, and you are about to become the largest entertainment company in the mainland. Zhou Longxing was very emotional.

In all fairness, 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. Compared with the capital he had seen before, this was nothing.

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 have flourished and become a top-ranked entertainment group in the mainland, with its businesses in film and television, variety shows, music, distribution, visual effects, theaters...

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

Accompanying her were Shi Shanshan, Pei Qianlong, Wang Kuo, and Pei Qinhu who thought he could spend the 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 took part in an event like the Miao Bang Music Festival.

His voice is still a little hoarse.

Yesterday he kept calling Lin Yun'er at the scene, and he was just like a fan.

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

With the efforts of Wang Shuo, about 130 million has been spent on the construction of Xingfu Primary School, the recruitment of teachers, and student donations.

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

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

Adding teachers' salaries, students and so on, an additional 500,000 yuan a year is enough.

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

More than one hundred schools are completed in a low-key manner.

Lin Dong also didn't ask people to apply for tax exemption, so we don't take advantage of this.

In fact, the fund is a very profound thing.

There are people donating all their family property at every turn in foreign countries, which has attracted the envy of many people in the country, complaining about the rich and unkind people on their own side.

It was also countered that the foreign rich are in order to avoid taxes.

It is true to say so, but it does not touch the more essential things.

If all the family property is donated, what tax is there to avoid?

Even if the inheritance tax abroad 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 poor and unable to eat?

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

The so-called donation of all their properties by these rich people is actually donating to a charitable fund-this charitable fund may be established by themselves.

Donations do not need to be taxed, as much as you donate.

The next step is 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... The children and grandchildren are endless.

All members of the family can join the foundation as high-level executives, and can freely decide how to spend the money in the foundation.

Is this any different from inheritance?

Some people may ask, since this is the case, why don't the rich in our country learn and sell it now?

very simple.

Foreign private funds require that the fund must take out 5% of the fund each year for public welfare activities.

And this 5% also includes the salary paid by the fund management itself, as well as the fund management fee, so if 5% is calculated, it will shrink a lot.

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

Then you are really naive.

Their so-called public welfare does not mean donating money to build primary schools or to treat children with leukemia, but to use money to invest in educational brands and research and development of drugs for leukemia.

This kind of public welfare investment not only has huge returns, but also can even exempt most of the taxes.

In fact, those so-called rich people who donate all their property, who donate billions of dollars every year, may not have a single coin of real charity.

In the end, someone will inevitably ask, why don't our rich people learn from it.

Simple!

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

For example, the charity fund of Kleist Culture Media has received a total of more than 200 million yuan this year.

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

Must be spent within a year!

If Papa Ma—no matter which Papa Ma it is, donates all their family property this year, such as 80 billion Huaxia coins, then this charity fund will have to spend 56 billion yuan within the scope of charity stipulated by China next year.

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

Those charitable funds that are active in China are actually mostly established abroad, and they follow the set of rules in Europe and the United States.

The purpose is not necessarily to avoid tax, but in fact it has the effect of avoiding tax.

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

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

Kleist didn't play those tricks.

Although it has a company name of a foreign devil, it actually handed over the tax to Huaxia, and even established a fund without any tricks in operation.

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 wasn't to celebrate Mr. Lin's birthday.

Nor was it to see Lin Yuner.

It was all just a joke, mainly because I was worried that the foundation’s income next year would not be enough to meet the goal of spending 70% of this year’s income.

So pause for a moment.

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

Next year, we will see whether to do something else, or continue to build elementary schools like crazy.

The 128 primary schools, from the map, have covered more than half of the provinces, especially in underdeveloped areas, which are densely packed.

I just hope that these poor children can win a little bit, and don't miss the opportunity that is still fair in comparison.

You are born inferior to others.

Whether it's fair or not.

You only have this one chance to change your destiny!

The juicer has done a lot of hard work, so it is natural that Lin Dong will treat him as a guest of honor.

Such a lineup is perfectly fine for receiving Zhou Longxing. In fact, it would not look shabby for anyone to use it to receive Zhou Longxing.

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

Lin Dong has already made plans.

Next year, we will start to reorganize the structure, let those who should go up, and those who should be first eliminated will be sent to do some risk-free work.