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Text Chapter 2373 Large tax payers

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    Xiao Qi is not worried at all about the development of Uber.

    In the previous life, Uber implemented it in such a hurry and achieved such great achievements.

    Now that Xiao Qi has given it greater support and considered more possible situations, its development will only be better than the previous life, and will not be worse than the previous life.

    Xiao Qi is also quite satisfied with the new president Li Bot. Although he is not the one in his previous life, judging from his plan and steps, he is really an elite talent.

    As long as Xiao Qi has a lot of control over finance and personnel, Uber will not make any mistakes.

    As for the future sale of shares, of course Xiao Qi is considering it now.

    If you want to sell shares, you have to wait until they are valuable.

    Even Hoffman did not tell the technical department and management that Uber¡¯s future goal is to go public. This is also to prevent the news from leaking and causing those who buy shares to lower the price.

    The young man is now facing a think tank suggestion regarding the issue of tax payment and tax avoidance of Fairy Company.

    In all powerful countries in the world, as long as you are a big company, your taxes must be very high. Otherwise, where will the funds for the country's national defense, infrastructure, welfare, etc. come from?

    Needless to say, the tax rate in the United States has always been very high, so that many wealthy people give up their American citizenship every year.

    Japan¡¯s tax rate is frighteningly higher. The phrase ¡°you cannot be rich for more than three generations¡± is generally the most appropriate for Japanese people, because basically you leave 10 billion yen in assets.  By the time the fourth generation comes, it is basically only about 1 billion yen, which is really scary.

    And then in the future sovereign debt crisis.  France and the United Kingdom have successively raised taxes on the rich, which has directly caused a large number of wealthy people to flee their countries and naturalize in other countries.

    On the surface, the current tax rate in China is not high, but in fact, the total of various taxes is quite high.

    "However, in order to support those large enterprises, China has also done a good job in tax exemptions, so over the years.  You see that China's finances are not very wealthy, and they usually make money by buying and selling land.

    But this also raises a problem.  That is, medium and large enterprises do not pay enough taxes, and the people at the lower level are faced with tax issues on wages, prices, etc., which they are exposed to at any time, which makes everyone feel uncomfortable.

    Even though the government has continuously raised the base of personal income tax.  Tax exemptions for agricultural and sideline products were announced, etc., but as China naturally entered the stage of inflation, people's lives seemed to be more tense.

    ??Okay, let¡¯s not talk about other people¡¯s topics.

    Xiao Qi himself is a model among models in terms of taxation, especially in China.

    Because he only accepts the government¡¯s basic tax exemption policy and always pays the correct amount of tax.

    You must know that the main body of Fairy Company is Mingxiang Holdings Company located in the Virgin Islands.  and another Qicai Investment Company in the Cayman Islands.

    The industries held by the two major companies account for most of Xiao Qi¡¯s assets.

    Xiao Qi¡¯s shares in Dreampad, Dreamsta, these three trump products, as well as the more important RE shares.  All in the two major companies.

    Then there are airbnb, ouquare, dreamdive, uber, square, sun, Electronic Arts, Meitu Sharing Company, Mingxiang Holdings North American Laboratory, Alibaba Group, Infineon, Qualcomm, Apple, Oracle, Amazon, etc.  Shares worth at least hundreds of billions of dollars are also in the two major companies.

    Of course, there are also many domestic fairy companies.

    ¡°At least the property rights of Xiaoqi Industry¡¯s Xiaoyao series, Xiaoyao Logistics, Xiaoyao Mall and Xiaoyao Express, as well as Xiaoyao Building, all belong to the domestic Fairy Company.

    The assets of this series alone have exceeded 300 billion US dollars.

    Don¡¯t think it¡¯s too exaggerated.

    Those lands of Xiaoyao Logistics.  The total purchase price and construction cost exceed 1 trillion yuan, not to mention that the current real estate value appreciation is still a lot.

    In addition, Fairy Real Estate, United Optoelectronics Laboratory, Fairy Agricultural Internet of Things, App Software Incubator, Aoyou Browser, Fairy Guard, etc.  It is also under the name of Domestic Fairy Company.

    The way Xiao Qi pays taxes is on the one hand to pay according to domestic registration and business activities, and on the other hand to pay various profits and expenses as a foreign investment in the country.

    Of course, Xiao Qi will not break the regulations for Mingxiang Holdings and Qicai Investment registered in the International Financial District, and they will pay taxes like companies in China.

    After all, he is not alone.

    Now Xiao Qi paysAfter decades of taxes, will Xiao Qi¡¯s children and grandchildren still have to pay them like this?

    ????????????????????????????? If you give it at the beginning and then suddenly don¡¯t give it, it will offend people even more than if you don¡¯t give it at the beginning!

    What¡¯s more, the national tax authorities can eat as much as they want.

    Therefore, it is the best decision to follow the rules and pay taxes honestly and in accordance with the regulations.

    Even so, all the taxes collected by Fairy Company last year basically accounted for 10% of the operating income. This is not a low tax rate, and it also reduces the tax rate for overseas companies. As a super large company, it enjoys tax policies.  Because of the discount, otherwise it can reach 15% in total.

    Therefore, excluding the operating income of Mingxiang Holdings and Qicai Investment in other countries last year, Fairy Company, which operates related to China, had an operating income of more than 300 billion US dollars in 2008, and paid 210 billion yuan in taxes, second only to  PetroChina and Sinopec, two state-owned enterprises, have become the third largest taxpayer in China.

    This is because of Xiao Qi's guidance. PetroChina and Sinopec made a huge profit from oil trading last year. Otherwise, according to their embarrassment in the previous life, the title of the largest tax payer in China would fall on Xiao Qi's head.  superior.

    But fortunately, this is the case. Fortunately, PetroChina and Sinopec are standing in front of us. Otherwise, I don¡¯t know how many people would be jealous.

    Of course, there are also many jealous people now.

    Thanks to Xiao Qi's outstanding performance in dealing with the snowstorm and earthquake last year, people all over the country remember Xiao Qi, a super kind-hearted rich man. No. 1 and Boss Bian even met him personally when they came to Chengdu.  Xiao Qi gave Xiao Qi the most enthusiastic praise and praise, which was like giving Xiao Qi a talisman.

    In addition, Xiao Qi also has two important aids in the court, Yu Chengsheng and Niu Ruzheng, so this Fairy Company can live a stable life.

    When talking about this matter, the wives are a little dissatisfied. Our family has worked hard to make money and paid taxes honestly, but it has attracted the covetousness of a group of people. It is really frustrating!

    But Xiao Qi didn¡¯t complain too much. This kind of thing would happen in any country or dynasty.

    "It's mediocre not to make people jealous."

    If you don¡¯t have much money, others will naturally not make any decisions.

    Since I can earn so much money, I have the ability to protect my property.

    Do you really think I¡¯m not prepared for anything?

    Mingxiang Holdings and Qicai Investment exist just in case.

    The law firm and accounting team hired by Fairy Company all felt that it was too unfair for Xiao Qi to pay taxes in this way, and they all suggested that Xiao Qi avoid taxes reasonably.

    It is natural to pay taxes, but European and American companies also have reasonable ways to avoid taxes.

    There are many such methods in China, and for Fairy Company, they are particularly easy to operate.

    For example, Fairy Company can request more tax exemptions from Sichuan Province on the grounds of "how many jobs it has created for Sichuan Province", "how much industrial output value it has created", etc.

    Among other things, Fairy Company has numerous factories and engineering projects in Shuchuan, directly providing at least 2 million jobs for Shuchuan, as well as tens of millions of people in the entire service chain.

    Such achievements are completely worthy of better policy subsidies from the Sichuan Provincial Government.

    If the Sichuan Provincial Government does not agree, then all the factories will be moved out, and they will settle wherever the tax conditions are favorable.

    Both options can reduce taxes by at least 2%, saving Xiao Qi 40 billion yuan in taxes.

    Then, you can reasonably reduce profit income again by expanding expenditures, increasing consumption, etc., so that the income tax is also reduced again, at least 1% of the overall tax can be reduced.

    In total, it can save Xiao Qi at least 60 billion yuan in tax a year, and it is a very simple and reasonable method.

    So they still strongly suggested Xiao Qi to do this.

    After all, as the Fairy Company develops more and more rapidly and becomes larger and larger, if we don¡¯t prepare in advance, future taxes will definitely be more terrifying.

    But after thinking about it, Xiao Qi decided to maintain the current rules.

    Although according to their suggestions, Xiao Qi can reduce expenditures by 60 billion or even more, this is not in line with Xiao Qi's original intention.

    The worst thing a person can change when he gets rich is becoming indifferent and selfish.

    How many rich people¡¯s minds become narrower and narrower as their money grows more and more?

    Sichuan Province is not a wealthy place to begin with.On the other hand, if Xiao Qi pays more taxes, it will be conducive to better building his hometown, especially when Wen Anping, Zhang Zhanzhao, and Xiao Xu are all trustworthy officials.

    When a contractor gets rich, he will go back to his hometown in the countryside to build roads and bridges. Couldn¡¯t he, the world¡¯s richest man, at least benefit his hometown folks in Sichuan with his success?

    "If you are poor, you will be good for yourself; if you are rich, you will benefit the world."

    Our ancestors have taught us principles for so long, but we only know how to read them, but not how to do them. This kind of moral standard is too low, right?  (To be continued)
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