Chapter 391: Yida Department

The sale of Huimin Travel to Didi is as hot as the previous life of Baimo Bicycles sold to magnesium groups.

In his previous life, he made the decision to sell himself under the internal and external difficulties.

There are many factors such as the crazy competition of small yellow cars burning money, and the failure of internationalization, profit difficulties, debt pressure, deposit holes and so on.

Huimin Travel is different, accounting for more than 80% of the domestic bike-sharing market, with $650 million in cash on the account, and Zhang Yida, the founder of a powerful company......

With a good hand, how can you sell the company for some reason?

The self-media were puzzled, so they had to talk about excessive free, bicycle depreciation, profit difficulties, and so on.

For users, whether it is called "Huimin Bicycle" or "Didi Bicycle", they don't care, as long as they can continue to ride for free.

But Chen Wei is not a benevolent person, how can he let users get their wish.

A few days after announcing the merger and acquisition of Huimin Travel, it announced the acquisition of Harrow Bicycle again.

For a time, Didi was in full swing in the Internet industry.

Everyone is discussing, who is most likely to sit in the third position of the Internet in this era of a thousand degrees of old age?

In the past, some people said that Ruixiang and Magnesium Tuan had a chance, but now most people have changed their words and said that they think Didi has the best chance.

Zhang Yida obeyed the arrangement of the public relations team and refused all media interviews during this time, trying to downplay the possible adverse effects of the sale of the company.

Selling a company is commonplace in Europe and the United States, but in our country, we pay more attention to results, and selling a company means that you have failed to start a business.

In addition to Huimin Travel, Zhang Yida also has Ruixiang, Zhonghe Group, Pate Holding Group and other companies.

Employee morale and user confidence in these companies need to be maintained, so at the suggestion of the public relations team, Zhang Yida disclosed the details of the Huimin Travel transaction to the media.

"Cashing out tens of billions at the age of 22, your peers are abandoning you"

"In two and a half years, he made nearly $2 billion"

"The Most Powerful Post-95s, Self-Made History"

......

Articles like this have swept the Internet, attracting people's attention to how much money Zhang Yida has earned.

After making $2 billion, if the business fails, most of the bosses of listed companies will cry and faint in the toilet.

The market value is not that high, let alone personal net worth, and even cash.

Such a large equity transaction of Huimin Travel can be said to have attracted the attention of the whole people.

So don't think about any tax avoidance operations, Zhang Yida took the initiative to pay 20% personal income tax to the relevant departments.

The tax payable is equal to the income from equity transfer minus the initial investment, minus reasonable expenses.

Reasonable expenses refer to the relevant taxes and fees paid in accordance with the regulations at the time of equity transfer, such as stamp duty, asset appraisal fees, intermediary service fees, etc.

The initial investment of Huimin Bicycle is more than 10 million yuan, so no matter how it is calculated, Zhang Yida's taxable income is more than 12.6 billion yuan.

In addition, the part of charitable donations can be deducted from the taxable income, but the proportion cannot exceed 30%.

In other words, the part of the donation of more than 3.78 billion yuan will not be reduced or exempted from the taxable income.

Zhang Yida donated 1 billion yuan to the "Zhang Yida Public Welfare Foundation" established by himself.

Therefore, the tax payable became 11.6 billion, and a one-time personal income tax of 2.32 billion yuan was paid.

The donation of 1 billion yuan and the tax payment of 2.32 billion yuan caused a great sensation on the Internet.

The limelight of the sale of Huimin Travel has been suppressed.

Not to mention donations, it is very rare for individuals to pay such a high tax.

Most of the domestic personal income tax is contributed by the working class, and the rich avoid taxes by "taking a salary of one yuan and attaching all living expenses to the company".

According to data released by the state in January, the national individual income tax revenue in 2016 was 1,008.9 billion yuan, a year-on-year increase of 17.1%. At the same time, it is also the first time that China's individual income tax revenue has exceeded the trillion mark.

The 2.32 billion yuan of personal income tax paid by Zhang Yida accounted for 0.23% of the total individual income tax in the country last year.

Economist Ma Guangyuan once said that under China's tax system, the personal income tax paid by the wealthy, who account for nearly half of the social wealth, is less than 10% of the total income of the individual income tax, and 60% of the individual income tax is contributed by the hard-working class.

As a result, a strange tax structure has been formed, with the poor as the main taxpayers.

Therefore, in recent years, the call for reform of the tax system has become louder and louder.

Therefore, the tax amount posted by Zhang Yida is very conspicuous, and it is easy to attract envy.

But Zhang Yida is not afraid of these, is it wrong for Lao Tzu to pay taxes in a dignified manner?

For the rich, the greatest patriotism is to pay taxes to the state, and the more they pay, the more patriotic they are.

The wealthy in the United States are more patriotic because they pay more taxes. Maybe many people are forced, but it's good to get used to it.

There is an American proverb: "In this world, only death and paying taxes are eternal." ”

Through this sentence, it can be seen how unforgettable paying taxes is in the hearts of Americans.

The IRS is known as "the most feared government department in the United States", even more powerful than the Department of Defense and the CIA.

Unlike the Chinese, who are almost cut off from the tax department, personal income tax is almost withheld, and the tax department is actually invisible.

But in the United States, the tax department is always with you, sticking to your body like snot, and it is no exaggeration to say that you have to pay taxes for drug trafficking in the United States!

Under normal circumstances, drug dealers do not file tax returns.

But when they learn they're going to be caught, the first thing that comes to mind is to pay taxes.

If you don't pay taxes, you will not only be convicted of a criminal offense, but you will also be charged with tax evasion.

If you are convicted of tax evasion, then you are sorry, and if you come out of prison again, you may really have nothing.

......

Zhang Yida held a banquet at home and entertained the management of Huimin Travel headed by Huang Xiaofeng.

"What will be the end of the handover with Didi?" asked Zhang Yida.

"Soon, maybe two or three months!"

Huang Xiaofeng said with a smile, "We are not a high-tech technology company, and Didi doesn't need to tie us up." ”

"Didi, I'm afraid I wish we had left earlier. Now we have a position, but nothing can be interfered with. ”

An executive complained, "Didi doesn't trust us at all, and our daily task is to "lead students".

When the executives sent by Didi are taught, we should also be swept away. ”

Huang Xiaofeng said with a displeased face, "What are you talking about, why do people trust you?"

Zhang Yida waved his hand to indicate that it was okay.

"Invite everyone to come over today, and everyone will communicate with each other as friends, and there will be no distinction between superiors and subordinates.

Besides, I'm not your superior now. ”

"Mr. Zhang, are Ruixiang or Zhonghe Group still recruiting? Although we may not be familiar with the relevant business, we can start from a low level. ”

Zhang Yida nodded, "I know everyone's abilities, and today I just want to ask you about your next plans."

If you are willing to go out and start a business, join Ruixiang or Zhonghe Group, Ruixin Group, Yimin Netfinance, and Pete Holding Group...... And so on. ”

Zhang Yida has been dealing with these executives for two and a half years, and whether he has the ability or not, he has a scale in his heart.

For talents, Zhang Yida is never too much.

Didi doesn't need these people, and he just takes them over and digests them.

Of the eight executives present except Huang Xiaofeng, except for two who said they wanted to go out and start a business, the others all expressed their willingness to join Zhang Yida's other companies.

Some people are interested in Ruixiang, some people are interested in Zhonghe Group, and all six of them have expressed their intentions.

"Lao Huang, what about you? Now that you are a billionaire, do you want to start a business?"

Zhang Yida turned his head to look at Huang Xiaofeng and asked with a smile.

Huang Xiaofeng owns 0.263% of the equity of Huimin Travel, which was awarded to him for winning the VAM, as well as 0.7% options.

Huimin Travel was merged, and he and other employees of the company exercised their options in advance and converted the options into equity.

This is also a favorable condition that Zhang Yida actively communicated with Didi and won for them, and it was in vain for them to accompany them to start their own business.

Huang Xiaofeng, for example, bought a 0.7% stake in Huimin Travel for $21 million, and sold it to Didi or other shareholders for a net profit of $21 million.

He himself held a 0.263% stake and sold it for $15.78 million.

The two incomes add up, the pre-tax income has reached 36.78 million US dollars, and there are nearly 30 million US dollars after tax, which is more than 200 million yuan when converted into RMB.

Several other executives did not take as much as Huang Xiaofeng, but they also had equity transfer funds ranging from millions to tens of millions of yuan into their accounts.

Therefore, these executives are very willing to follow Zhang Yida, because they all know that he is a kind boss.

Even the two executives who are going to start a business said that angel investment must be the first to consider Mr. Zhang.

At that time, Zhang Yida laughed and scolded, "You are so beautiful, if you don't get some outstanding results, I won't vote indiscriminately."

Because I have never missed an investment, the golden body cannot be broken. ”

That being said, these executives go out and start a business. As long as the things made are passable, Zhang Yida will invest in them.

Ahri and penguins have this kind of culture, and Lei Jun also likes to support his little brothers.

Zhang Yida is definitely still willing to support his old subordinates, after all, he has been together for nearly three years, understands people and abilities, and the necessary conditions for some angel rotation methods of "only voting for acquaintances" are basically met.

In addition to Huimin Travel, Zhang Yida's other companies have middle and high-level resignations to start businesses, and if the project is reasonable, he will invest a sum.

He also wanted to see if he could copy Lei Jun's old path and create a "Zhang Yida system" in the venture capital market.

Not to mention, the probability is quite high.

If Charles Zhang had understood this trick back then, he would not have been depressed.

Sohu has the reputation of the Internet Whampoa Military Academy, and has walked out of a large number of well-known entrepreneurs such as Gu Yongqiang, founder of Youku, Gong Yu, founding CEO of iQiyi, Miaopai, Xiaojiaxiu, founder of a live broadcast, Li Shanyou, founder of Ku6.com, Chen Yizhou, chairman of Renren, Huang Jixin, co-founder of Zhihu, and so on.

The more people who come out of the big factory, the higher the probability of success in starting a business.

First of all, the recruitment threshold is high, and secondly, I have made various contacts in large factories and learned various top skills in the industry.

If these things are taken out to start a business, they will naturally be more favored by investors.

"I've been a professional manager for 17 years, maybe I'll find a place to give myself half a year off, and then think about the next step. ”

Zhang Yida patted him on the shoulder and said, "Hard work!"

Huang Xiaofeng smiled, everything was silent.

Zhang Yida is used to being the shopkeeper, except for the early stage of entrepreneurship, most of the rest is in Huang Xiaofeng's follow-up and execution.

365 days a year, at least 300 days of overtime until late at night.

Otherwise, in two and a half years, Huimin Travel will not be able to grow to its current scale.

"Is Green going?"