Chapter 168
Every December, the Christmas shopping in the United States begins, and American malls are launching a large number of discounts and promotions to carry out the last large-scale promotion at the end of the year. Pen "Fun" Pavilion www.biquge.info
Most of the companies under Li Zetian's name are high-tech enterprises, and many products have not yet been developed, so there are no big promotions at Christmas. However, the Flamingo Company could add electronic pets to the promotion, and as for home consoles and other games, it is still far away!
Sunbird and Atari sold 150,000 units of the Atari 2600 and countless game cartridges.
The CEO of Warner Bros. couldn't keep his mouth shut.
In an interview with media reporters, he arrogantly said: "The market share of the Atari 2600 has increased substantially, further consolidating the supremacy of the Sunbird Company in the game industry! No competitor can compete with the Sunbird Company! Any company that opposes the Sunbird Company will not end well, and we will not let the other party's game land on the Atari 2600 game platform!"
Obviously, this is meant by a sarcasm of the Flamingo Company!
At this time, the world's major media saw that the "Atari 2600" home game console was so popular, and they couldn't help but lose confidence in the Flamingo company. Because the Atari 2600 has more market share, gamers and third-party software developers will choose the Atari 2600. And it is really difficult for the Flamingo Company to catch up.
The media is really falling with the wind, and for a while, they are optimistic about the Sunbird Company and singing about the decline of the Flamingo Company.
However, this view is simply ridiculous to the people at Flamingo Corporation.
As soon as the flamingo game comes out, who will compete with it?!
Sunbird Company?hehe, the garbage games developed can be flooded with gold......
Li Zetian is also dismissive of the media's remarks, and at the moment, he is busy. You know, as soon as the end of the year arrives, the company's financial statements will come out, and you will have to file taxes and pay taxes immediately.
He has a lot of property under his name, and naturally he has to pay a lot of taxes.
Therefore, Li Zetian has to think about how to avoid taxes legally every year.
This year, more than a dozen companies under Li Zetian's name generated nearly $20 billion in revenue. Among them, Roche Pharmaceutical Company occupies the lion's share, accounting for $10.42 billion, Intel Corporation ranks second, with $3.52 billion, Microsoft Corporation ranks third, with $1.65 billion, Hutchison Whampoa Company is fourth, with $1.45 billion, Netflix is fifth, with $1.23 billion, Star Wars Pictures Company is sixth, with $950 million, Panda Catering is seventh, with $420 million, and Oracle is eighth, with $290 million......
Total profit averaged 34.5% of revenue, or $6.9 billion.
However, in order to avoid taxes, in early December this year, Li Zetian asked the L.Y Foundation to establish a large non-profit hospital in Los Angeles - Chronos Hospital, followed by Microsoft, Intel, Netflix, Roche Pharmaceutical, Flamingo and other companies have donated to the L.Y Foundation in the name of charity to support the construction of Chronos Hospital, totaling $300 million.
Non-profit hospitals are not unprofitable, and the profits from the Chronos Hospital will belong to the L.Y Foundation, which can be used to purchase equipment, introduce technology, develop new services or provide low-cost health services to citizens.
In addition to making financial investments, the L.Y Foundation is a very good choice to not only make money, but also conduct medical research, collect clinical data, strengthen cooperation with Roche and Genentech, and promote the development and sales of drug products.
For example, Roche Pharmaceutical has developed a new drug, and without the recognition and recommendation of the hospital, it is difficult to promote the new drug.
In addition, having a strong hospital also greatly protects the health of individuals.
After doing charity, many companies took out some of the money to pay dividends, Li Zetian and Yu Jingqiu got a dividend of 200 million US dollars, but they still have to pay dividend tax, fortunately, the dividend tax is not high, only 20%, in fact, because before, the company has already paid a tax, plus the dividend tax, then the tax paid may be more than 45%.
So, after tax, Li Zetian and Yu Jingqiu got $160 million. In fact, the two of them receive a symbolic $1 salary in each company, all based on dividends. The tax and dividend tax paid by the enterprise are already equivalent to the personal income tax, and there is no double tax payment.
In addition, the company pays dividends, and most of the funds go into the umbrella company, because the umbrella company is the parent company with the largest number of shares, and Li Zetian and Yu Jingqiu's personal holdings are not much, and most of them invest or create companies in the name of the umbrella company or its subordinate companies. When a subsidiary pays dividends, individuals need to pay a 20% dividend tax, but the parent company does not need to pay tax again. This is a legal way to avoid taxes. For Li Zetian, there is no difference between the money in a personal account or an umbrella company account, and he can use 100% of it anyway. The umbrella company is also affiliated with the Li family trust company, and the purpose of this is to prevent the 50% inheritance tax paid to the U.S. government in the future!
The L.Y Foundation and the Lee Family Trust will be fundamental to the longevity of the Lee Consortium family, which is particularly important.
As soon as December passes, the new year is finally here.
1980 is destined to be an extraordinary year, with Flamingos, Galaxy Networks, Sun Computer Systems, and Violet Records all making the world tremble in this year!
Li Zetian and Yu Jingqiu went to Hawaii for a vacation during Christmas and returned to the United States on January 15, 1980. After returning, the two of them went to work. Michael Jackson seems to have turned into a desperate Saburo, and when Yu Jingqiu returned, his album had already been recorded, but there were only 9 songs. At present, the album is undergoing some post-processing, including noise removal, sound repair, polishing, and so on.
Li Zetian took the time to go to Violet Records and listened to every song of Michael Jackson, which felt very powerful, except for the three songs he wrote for Jackson, the other six songs were written by Jackson himself. Li Zetian couldn't help but sigh that the singer-songwriter genius singer is different!!
In the office, Li Zetian, Li Xueyu, and Michael Jackson are discussing when to release a new album.
Michael Jackson said, "Post-production takes a week. ”
Li Zetian looked at Li Xueyu with an inquiring gaze.
Li Xueyu said: "Violet Records bought a large vinyl record production factory, which can produce 5 million vinyl records a month. ”
"Then it will be released on March 1, and the record will be sold at the Netflix rental and sales store!" Li Zetian said lightly.
Michael Jackson was shocked that Netflix is the largest video rental and sales chain in the United States, and it has grown to hundreds of branches, which is huge. Violet Records is Chronos' industry, and the resources available are huge!
"Also," Li Zetian said, turning his head to look at Michael Jackson, "Jackson, you can now prepare to make the music video." If the music video is on MTV, it will help promote the sales of the album! The company will spend a lot of money to create the music video and shoot it into a miniature music movie style! As for how to shoot the music video, it is up to you and Quincy Jones to decide!"
"Yes, Mr. Li. Michael Jackson nodded excitedly.