Fight to the third generation
The Third Generation Section 500
Chapter 942 Tax Haven
Last year, the casino’s total fiscal revenue was more than 140 billion, of which the gaming industry contributed nearly 100 billion.
The father and son of the Su family also made some contributions, but most of the tax payment was not handed over to the casino.
Su Yehao's companies are mainly registered in tax havens like the Cayman Islands and Bermuda, or in Hong Kong or the mainland.
Coupled with the fact that almost all the books are in losses, and they enjoy tax benefits in the north, the amount of tax paid is not too much.
On the contrary, the business in the United States is a bit stressful.
Litigation costs, hiring a financial company, hidden expenses, etc., add up in a mess, and the burden goes up all at once. There are no preferential policies for high-tech companies, and the actual tax rate is a bit high.
No wonder later generations often hear that companies like Apple always like to hide overseas income in tax depressions. As long as they don’t bring it back to the United States, they don’t need to pay taxes for the time being. Almost all multinational companies are trying to find ways to take advantage of the loopholes, and the rich are the same.
Many family charitable trust funds are set up to avoid inheritance tax. They only need to donate about 5% of their total assets every year.
Thus, the Rockefeller family foundation appeared, after decades of donations, the money in the charitable foundation was donated more and more.
Therefore, unless you look at who gave away all the real money, you don't need to believe a word of descriptions like philanthropists and giving back to the society. They just don't want to take half of their property to pay taxes.
Let's talk about per capita income.
The local area of the casino is not rich, and it is estimated that it will take a few more years of accumulation before it has a chance to cause a qualitative change.
Sihai Casino Hotel, Sands Casino Hotel, Grand Lisboa Casino Hotel, etc. are all under construction. They are not helpful to attract tourists for the time being, and the number of local enterprises is very small. It is strange how rich they are financially. way than.
It is estimated that because of tight hands, the casino is indeed seriously considering the draft tax reform.
If empty-handed white wolves attract rich people and multinational corporations, even a little less taxation is better than nothing.
At that time, not only can some money be collected back, but it can also drive employment, stimulate consumption, and enhance the influence of the casino.
Casinos have fewer people and less expenses, so they don't need too high a tax rate, and the fiscal revenue can make the local residents live happily.
The reason why Su Yehao is actively advancing is mainly for his own consideration.
He hopes that his "old nest" will become more comfortable, and by the way, he will also help his own real estate projects such as King Crab Island to attract some potential buyers, and provide a new "immigration" choice for the rich in the mainland.
Don't look at it as an unnecessary move. When the real super rich emerge in the mainland, they may accumulate trillions of yuan in wealth. They are mainly stealing money from Singapore, and they may also attract some multinational companies from Japan, South Korea, and Southeast Asia. Global headquarters relocated.
These high-net-worth individuals have amazing spending power, and they also have the opportunity to hand over their assets to 5S asset management.
Go easy, kill birds with one stone.
Such a good thing deserves Su Yehao to put a little thought into it, and he doesn't need to worry about it, just leave it to his subordinates to take care of it.
It is different from Hong Kong City, where interests are too complicated.
The gambling city is much simpler and purer. With Su Yehao's current influence, when he made the decision to promote the tax reform, he had actually succeeded [-]% to [-]%.
After he went ashore with his father, he invited some people to play golf at the Four Seas International Golf Course. During the period, he promised to move more family businesses back at that time, and the total tax amount within ten years would not be less than 100 billion Hong Kong dollars.
In this way, the possibility of success is increased by about [-]%.
As long as we find some other big companies that are willing to relocate their headquarters, and then help the platform, the platform is basically stable, and we just need to continue to move around and discuss how to pass it during the meeting.
Of course.
It is necessary to communicate with the north in advance, say hello and explain the situation, which is probably no problem.
Anyway, the tax depression is not limited to the gambling city, and it is better to keep it in the hands of your own son than to flow into the fields of outsiders. This account is simple and clear, and I believe the North will only be happy to see it.
As the old saying goes, blocking is worse than sparse.
There is no abandonment tax in the mainland, so if an entrepreneur is innocent, there is no way to stop him from leaving.
When the Las Vegas really reduces the tax rate to a low level, there will be a chance to let the meat continue to rot in its own pot, which is better than taking it to tax havens such as Singapore and Switzerland.
After playing golf, I broke out in a sweat.
Su Yehao took a bath, changed his clothes, and massaged his back with his father in the club. At this moment, he said:
"The real super rich will not be so stupid as to run to the United States. Where there is an inheritance tax, they will only be locked up. Whether the tax is high or not is more important to this group of people than the living environment. Anyway, moving to a certain place I am more worried that Hong Kong City will send someone to contact me now, and if rich people from Hong Kong City come to Las Vegas one after another, then I will be stabbing a hornet's nest?"
"That's why I asked you to try not to stand out, and fool a few people to stand up for you, isn't that all right?"
Father Su often sits still, his waist is sore and his legs hurt, so he asked the massage girl to use more strength, and continued to speak:
"The tax in Hong Kong City is not high, and no matter how low it is, it won't be much lower. Now that it has already started to advance, it is useless to discuss these. Don't forget, your father and I are still here, so you don't care about the rest. I will follow up." Come to stand for you, just now you have expressed your attitude in person, it is estimated that the news will spread soon, and I just took over."
Looking at his father, Su Yehao said cheerfully: "That's okay, you are not as popular as I am. When the time comes, let the team in charge of this work talk to you, and leave the publicity to you."
Father Su was a little upset, he hummed, and said:
"No matter how good you are, so what, isn't it my son? I found that you just think too much and don't do things neatly enough, but this is a good thing, and it's better than not using your brain. In the future, other countries will have opinions. Well, anyway, the casino is poor and empty, and they rely on the gaming industry to make a living. Don’t they dare to do anything? Since they don’t send money to the casino, how can they stop us from being self-reliant, just ignore him and put the money in our pockets The most important thing here..."
After thinking about it for a while, Su Yehao felt that the words were not rude.
In my previous life, when a group of tax havens represented by Singapore attracted batch after batch of wealthy mainlanders, I didn't see them being soft-hearted, keeping a large amount of assets out of the door.
Now it's just a matter of learning, and there is no need to pay attention to what others say.
If you have the ability to shut down all the tax havens and tax havens in the world, and forcefully set a minimum tax rate, otherwise why can’t other people do it, and the casino can’t make some money?
When thinking of this.
Su Yehao stopped being entangled, and planned to go to Sijiu City in person some time to talk about this matter face to face.
Just happened to be connected by CITIC, and someone from the Poly Group invited him to dinner. It is estimated that he sold a lot of camels a few days ago, and the money is still in the account. I want 5S Asset Management to help me take care of it for a while...
Chapter 943
There is a restaurant in the club.
at dusk.
After the massage, Father Su called the second aunt over, and they happened to have a meal together.
In order not to be talked about by her all day at home, saying that after all, he is not his own son, and now he can't even see him.
It's not that he blames Su Yehao so much.
It's just that the second aunt is too old, and has no one to rely on except Daddy Su. Don't look at the many friends around her, and she is also in the business of gold stores, jadeware and chain restaurants. A few words.
Mother Tang and the second aunt were not on the right track, but Su Yehao did not choose to stand in the same camp as his mother, and had long been used to the existence of the second aunt.
What's more, with his current situation, even Xiao Wu has appeared and is holding an art exhibition in Austria, so Su Yehao has no face to blame his father for anything.
The elders in the family are no longer young, so it is better to continue living in such a muddle-headed way. If they are like some families who make troubles all day long, they will only be laughed at by others.
Even with careful maintenance, compared to a few years ago, the second aunt's appearance is still a little older, with more wrinkles around her eyes, and a slightly fatter figure.
After coming to the box.
She put the handbag on the chair and said enthusiastically:
"Knowing that you are back, Xiaohao, I wanted to invite you to dinner, but I was afraid that you would be busy so as not to disturb you. Many people went to see the reclamation near Zhuwan today, and many people even contacted me in advance, asking when they would buy a house Can you get a discount? I think this business will definitely be fine. There will be more casinos in the future, which will attract many people to settle here.”
"Borrowing your auspicious words from my second aunt, the total population of Las Vegas is only 10,000+. The locals basically already have houses, and they can't count on them for the time being. I plan to keep the house for later and sell it at a high price to rich people who come here to settle down. People, so even if someone wants to buy a house now, it may take a few years before they say it.”
Hearing what Su Yehao said, the second aunt laughed too much:
"I understand that if billions of dollars are invested in the cost, of course the price must be raised to sell it. When people ask me, I can't explain it clearly. It won't make it difficult for you."
Father Su sat there calmly, ordered a few home-cooked dishes, and said casually:
"I've done some research before. Once the six major casinos and hotels are developed, more jobs will be created, and the messy inheritance tax will be exempted. It may attract tens of thousands or 10,000+ people to settle here. Anyway, the real estate in the casino is very popular. Absolutely don’t worry, there is no rush to launch the real estate under Universal International.”
The second aunt continued the conversation, nodded and said:
"Yes, in 55 and 90, some relatives' sons immigrated to Europe, worried that their house could not be sold, and it only sold for [-] yuan when it was renovated. The last time I went shopping, I saw an advertisement near their house. The renovated old house now costs about [-] yuan, and I feel that there are usually many people on the street, and a lot of tourists come here, and the shops that could not be rented out before are now booming."
Looking at his own son, Father Su joked:
"You didn't hold back your fart back then. Jinwu Zangjiao asked me to buy the building. Now the value of the small building has at least doubled. There are so many tourists near the Ruins of St. Paul's that it is hard to find a shop."
The second aunt also laughed and said:
"Yeah, last time I wanted to have a cup of coffee. I heard from the clerk that mainland tourists flocked there. They were busy from morning to night every day. They almost bald the cats. The cats in the store were sluggish and lacked the energy to accompany them. Customers play..."
There are too many businesses at hand, and assets are spread all over the place.
Su Yehao almost forgot that he was near the Ruins of St. Paul's commercial street, and there was a small building that he bought at a low price in the early years.
Yin Liuli had been there before, and had been the store manager for a long time.
On the other side of the small building, the restaurant on the first floor is still open, the cat cafe on the second floor, and the bar on the third floor seem to be still open.
It's just that as early as around 2000, as Su Yehao became famous, the cheap restaurant on the first floor began to develop into a high-end western restaurant.
Now even he, the landlord, doesn't know who is responsible for the business in the small building, and it has long been integrated into other departments for unified management.
Just pretend you didn't hear the words Jinwu Zangjiao.
This is a fact after all, and there is no way to explain it, but the main purpose of his buying the small building was actually for investment.
As early as that time, he already knew that the prices of shops in the casino would skyrocket. Unexpectedly, it was already 2004 in the blink of an eye, and it took several years to increase by about two times.
Compare the two.
Fortunately, I didn't wait to die, but chose to speculate and do business.
The speed of accumulating wealth through rolling interest and rolling interest is much faster than passively waiting for real estate to increase in value.
Su Yehao took a sip of tea and said with a smile:
"Obviously only a few years have passed, and it feels like a long, long time ago. It always feels like time is passing faster and faster. It seems that nothing has been done this year, and it's already April in the blink of an eye."
The second aunt replied:
"Yeah, when we are our age, we will find that the time is faster. A few days ago, my friend's granddaughter called me grandma, and I was so angry that I almost didn't want to give her a red envelope. Brother Hai, do you remember the day Xiaohao just went to school, carrying Little schoolbag, holding my leg and crying there, we will be old in the blink of an eye."
Papa Su didn't like to think about these things, so he waved his hands angrily and said:
"Old people like to recall this and recall that. I feel that I am still young. I usually pay attention to maintenance and strive to live to the age of the sixth master in Hong Kong City. I think the old man is in his nineties and he is still in good spirits. The last time he was in the Met near the construction site, he even asked about your son."
"Oh? Master Liu is in good health..."
Su Yehao visited Liu Ye's house and chatted for a while.
The 20 billion Hong Kong dollars donated by the other party to the Bauhinia Institute of Technology has already been deposited into the account, and it has been temporarily deposited into the 5S asset management. A scholarship named after Master Liu has been specially set up, and it has been profitable since last year.
If nothing else.
With his super earning power, the 20 billion Hong Kong dollars is estimated to last for a long time.
Although Su Yehao is rich now, he never thought of directly exempting all the students from tuition fees. Society is inherently unfair. Faced with the pie falling from the sky, these young people may not know how to cherish it.
Considering that the cost of university in Hong Kong City is too high, most families in the mainland cannot afford it.
Su Yehao is more than happy to train some talents in a targeted manner, let them sign contracts with his company in advance, and then he will provide subsidies with his money.
In addition, cooperate with the bank to launch some low-interest student loans, combined with the scholarship system, social donations, official financial subsidies, government-funded study abroad subsidies in the Mainland, cooperative education, etc., can basically solve most of the problems, and this is enough .
Talk about gossip and gossip about your parents during the meal.
The second aunt suddenly talked about Jiang Yu, and asked sideways:
"Nangong and her children are all born. Why is my daughter Jiang Yu not moving at all? Your health must be fine. If it's really not working, I'll take her for a check-up when I find time?"
Facing this kind of privacy issue, Su Yehao was caught off guard.
He said with a smirk:
"I didn't want a child before, but I'm working hard recently. If nothing happens, maybe there will be something soon..."
Chapter 944 PHS
He didn't plan to stay in Las Vegas to rest that night.
Just from the headquarters of Black Diamond Mobile, a vice president surnamed Xie came and said that he needed to report the situation.
Su Yehao made an appointment with a pottery master tomorrow morning, and continued to burn teapots, not wanting to be spoiled by tedious company affairs.
So after finishing dinner with his second aunt, he temporarily asked someone to notify the vice president named Xie Boyong to arrive at Kai Tak Cruise Terminal in an hour and a half.
Harbor City.
Vice President Xie arrived at Kai Tak Cruise Terminal ahead of schedule.
There was nothing beside the pier, except for the bustling night view of the city south of Victoria Harbour.
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