Chapter 275: The Foolishness of the Past
I only heard Chu Yuanxi continue: "Then the specific steps and conditions for exercising the rights, I will also write them in the email, if there is no problem, everyone will sign the agreement before getting off work." ”
Yang Jiangang quietly raised his hand and asked, "Lao Chu, you are so complicated, why don't you just send options?"
Chu Yuanxi saw that many people were nodding. This is indeed a very new thing to the average employee, even if the price of exercising the right is cheaper. Because many companies give options directly.
He glanced at Yang Jiangang with bad intentions: "Free things are the most expensive, do you want to be free? ”
"Forget it. Yang Jiangang didn't know how to feel it, and decided not to touch this mold.
Zhao Jie next to him dragged him and whispered to him: "The option you sent, you have worked for so many years, changed so many companies, have you ever gotten it once?"
Yang Jiangang shook his head calmly.
Zhao Jie turned his head and asked, "Hey Lao Chu, can't you get some tax planning or something like that to help us avoid taxes legally?"
Chu Yuanxi had to look at him with caring eyes: "In the Celestial Empire, except for gnawing old age and death, don't try to evade taxes at any other time." He sighed, and then said: "Actually, I should be more grateful to the state for Uncle Sheng, if according to the past tax law, when they want to cash out part of the founder's options next year, they will have to pay 20% tax, and they will have to pay it at that time." That way they would be fun, I guess someone will cry, but unfortunately it's changed to ...... now."
When it comes to tax planning, Chu Yuanxi has a bad stomach and wants to vomit, because when the original world was well-off, he thought he was smart.
That was early 2016. At that time, the country's tax policy was like this: when employees obtained options, they first paid payroll taxes according to the value of the options, with a maximum of 45% progressive in seven levels, and the amount of options was generally not low, and they would pay the highest tax.
For example, if the option given to the employee by the company is worth 1 million at the time of exercise, the employee must first pay 450,000 yuan in taxes when exercising the option, because this is withheld and paid, and the option cannot be exercised without paying the money.
If it is not sent but exercised according to the exercise price, assuming that the exercise price is 200,000, then the employee will have to pay a total of 200,000 yuan to the company + 800,000× 45% tax = 560,000.
Then, when this equity is sold in the future, the rising part will pay 20% personal income tax according to the dividend. Suppose the value of the previous 1 million shares rises to 3 million, and then pay 2 million ×20% = 400,000 tax.
This problem is very big, because there is a huge tax difference between 20% and 45%, which also forms a space for tax planning. Obviously, if an employee exercises his rights at the beginning of the valuation at a very low level, he only needs to pay a small tax of 45% to get the equity, and only pay 20% for the future rise, which is a quarter of the difference!
However, the role of options is not only to incentive, but also to trap, not to give out the equity and then let the employee leave happily to make money. According to Huawei's Ren Zhengfei, the person who pulls the car should be rewarded, not the person who rides the car.
Therefore, this tax planning also requires the design of complex structures and agreements, the use of escrow and other methods, and the addition of many restrictions such as the right to resell, etc., so that employees can obtain the "equity" of the same rights when the valuation of the enterprise is low.
In this way, Chu Yuanxi thought that he could help employees avoid the 45% tax rate through this stupid method.
In the end, Chu Yuanxi learned a valuable lesson - it is up to the tax bureau to decide how to pay taxes, not how you understand tax laws and financial standards. As a result, the operation was as fierce as a tiger, and the final score was 0:5, and the tax officer told the financial director of Xiaokang: This is all leftover from foreign games, don't come to this set!
Moreover, structures such as agency holding have buried mines for the company's listing, and it has also affected the preferential treatment of tax deferral, which is simply a series of critical hits, making Chu Yuanxi's head full of thunder.
But then, in September 2016, the state changed the tax law, the previous bad tax was abolished, 45% was not collected, and the clouds and fog disappeared! Thank you again!
So this time, Chu Yuanxi said that he wouldn't do any more damn tax planning!
When the day turned around, Chu Yuanxi suddenly saw Li Jingfei in the group, and when he asked, he realized that Lianzhong had fallen into bad luck! The vice president was arrested, and the co-CEO was stranded overseas and did not dare to come back, and he was arrested more than 30 times, and the entire company felt that it was being wiped out, and the stock was directly suspended.
Chu Yuan Xixin said, Tietou Baby, don't you send me a big red envelope? Li Jingfei liquidated Lianzhong and some other stocks in order to switch to snow projects, and as a result, he escaped a flying disaster.
It is said that Lianzhong was served because of the Texas Hold'em project involving gambling, and the amount was in hundreds of millions, Chu Yuanxi looked at Li Jingfei and Na Dese, and couldn't help but spit out: Why is it okay for penguins to Texas to be fine......
Whether it is the scale or the flow of funds, or the number of users, Lianzhong, which has long been declining, is not even worthy of lifting shoes for penguins, and both of them are also gambling with virtual currency, but when Chu Yuanxi vomited badly, the group instantly quieted, as if it had been cursed by the silent warlock.
Chu Yuanxi saw that he was cold, and no one came out to save his respect, so he had to flash, but he didn't expect Li Jingfei, the iron-headed baby, to be chatting with other people, and it was a screenshot casually.
Zhang Ming, who was chatting with him, took a look: Hey, you also know Chu Yuanxi?
Li Jingfei replied proudly: I know, this is my lucky star! I just cleared Lianzhong in order to invest in the snow project he initiated, it's really cool!
Zhang Ming was immediately confused, and said in his heart, isn't Chu Yuanxi an Internet celebrity expert? Or a rising star in the tearing world? Why did he still initiate an investment project?
However, when he opened WeChat, he saw that even the avatar was the same, and that was a person! He suddenly thought of the discussion within the group.
Chu Yuanxi's three songs were met with great resistance when they were discussed within the group, because people were clearly here to take advantage of it, and they took the headlines as a big wrong!
To promote these three songs, it is necessary to promote the IP of "Out of the Mountain in Troubled Times", which is bundled together and cannot be separated, and the potential of this IP is great after research, however, it has nothing to do with the headlines.
Therefore, almost half of the people are demanding that IP rights and interests must be bound, otherwise they would rather have unfinished activities than do it, especially those in the operation department. It's not a question of money, it's a matter of face! If the end is nothing more than damage to credibility, and if the entire industry is regarded as a major wrongdoer, many transactions will not be good in the future. What's more, resources are valuable, and valuable resources should be exchanged for a number of KPIs, if they can't be exchanged, then someone will suffer a loss in front of them.
Because of this, the business group has been arguing for a few days, Zhang Ming opened the group and saw that there were still a few people talking, and they couldn't come up with a unanimous opinion at all.
What to do?