Chapter 34: The Second Gold Mine

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The establishment of the 'Kwok Charitable Foundation' was a strategy set by Kwok Shouyun before he went to the UK. Avoiding taxes is only one aspect, and on the other hand, it is also a need to integrate into American society.

The rationale for avoiding taxes is simple. In the United States, private charitable foundations only need to pay 1~2% of the federal tax and 5% of the annual net income into charity, so they do not need to pay or spend any funds. If Guo Shouyun wants to hand over the charity fund to his next generation, he does not need to pay high inheritance tax and gift tax.

Of course, private philanthropic foundations can avoid taxes, but that doesn't mean you can use them without fear. According to the U.S. Constitution and the well-known principle that 'if you want to avoid taxes, you must make every part of your tax-avoidable assets clear and traceable', the donations, income, and expenditures of charitable funds must be clearly traceable and publicized to the public for public scrutiny. Therefore, those who use the money from the charity fund to buy luxury cars, yachts, live in luxury villas, and be happy with Hollywood female stars, and at the same time avoid paying taxes, if they don't want to be spurned by the public and discredited, it's best not to do it.

In addition, in the United States, many wealthy and wealthy people are willing to donate the money they have worked hard to earn in their lives to charity for social good. In the United States, philanthropy is a culture. Many Americans believe that people in the world are stewards of the wealth entrusted to them by God, and they are not the real owners of the wealth, and they cannot bring it with them in life or death. Many wealthy Americans agree with the Iron magnate Dale Carnegie: "It is a shame for a man to die with a fortune." ”

Lambert, a well-known American economic commentator, said: "In the United States, you can own a lot of property, but you have to give something back, and someone has to notice, otherwise you will never be a real big man." In the United States, people do not look up to the rich, but to the rich who give back to society. ”

Leaving aside how much of the truth is in these statements and moral standards, and how much of it is necessary to avoid high inheritance and gift taxes. In conclusion, for nearly a century, American society has developed a culture of charitable giving.

If Guo Shouyun wants to grow his career in the United States, he must integrate into this culture. That's how everyone plays, and you can't make yourself look too unique.

In the end, only a 'private philanthropic fund' can give him more control over his funds under the existing conditions. As for ownership, it is less important when it is possible to use the right of control in perpetuity.

After reading the entire document carefully, Guo Shouyun nodded.

"George, I'd like to consult with you. If a foreign company or institution donates to a non-profit charitable organization in the United States, is it not subject to the 10% income tax credit on the operating income of the for-profit organization stipulated in the federal constitution?"

"Of course!"

"I don't have a problem anymore. Thank you for your dedication during this time, go back and rest!" Guo Shouyun smiled after nodding.

George Davis nodded, turned and walked out.

After the office was quiet again, Guo Shouyun leaned back in his chair and thought for a while, then opened Phoenix Capital's account in Swiss Bank and transferred $5 million of the $345 million to the Wells Fargo account of the 'Kwok Charitable Foundation'. This turn is equivalent to a donation!

He set up the 'Kwok Charitable Foundation', which is currently more out of consideration for his future income in the United States. As for gambling, it belongs to foreign income. He is not stupid, how can he take the initiative to transfer to a domestic account in the United States and let the tax bureau exploit him? Anyway, Uncle Sam is still turning a blind eye to UBS, and in the 14 years since the butcher's knife was raised, his gray income has long been whitewashed.

Originally, Guo Shouyun wanted to transfer $80 million into Google's account and completely put 40% of Google's equity into his pocket, but after thinking about it, he stopped.

"There's still a month to go anyway. When Kleiner Perkins and Sequoia Capital are done, it's never too late to turn around! Without money, Sergey Brin and Larry Page can settle down. ”

After playing with the two future collaborators with the greatest malice, Guo Shouyun closed the computer.

"Jingle bell...!"

Hearing the ringtone of the mobile phone, Guo Shouyun glanced at the caller ID and pressed the answer button.

"Hey, Bruce, did you get off the plane?" Christopher Ritter's voice came clearly from his phone.

"Just got off! What about you, still in London?"

"Well, I'll go back the day after tomorrow! By the way, the publication of your three sets of books has been arranged now. Three days later, it was officially released to the public. ”

Guo Shouyun's heart skipped a beat, and his breathing was slightly short.

He made a lot of money in the football lottery, but it was just a stick deal, once or twice a year. Writing, by contrast, is the real trickle. And with the accumulation of his works, it will become more and more abundant.

A set of "Fifty Shades of Grey" makes middle-aged James worth more than 100 million in less than two years. A set of "Harry Potter" turned Rowling, a single mother, into a billionaire sister. In the U.S., best-selling authors earn ten times more than their Chinese counterparts. Guo Shouyun, who has hundreds of best-selling novels and movie outlines in his head, regards writing as the second biggest gold mine after gambling!

After calming down a little excited, "How many copies have been printed, how to promote them, and how much does each set cost?"

"The Pirates of the Caribbean trilogy is priced at $45 and has a print run of 300,000 copies, the Fifty Shades of Grey trilogy is priced at $48 and has a temporary print run of 50,000 copies; and Fantastic Beasts: Hate in New York is priced at $20 and has a million copies printed! Oh, by the way, your National Treasure: Declaration of Independence is still in the process of being printed and will be postponed for a week before it can be published!"

“… As for the marketing strategy, we plan to start with the gimmick of the Harry Potter prequel and launch Fantastic Beasts: New York Hate, which will arouse more curiosity and purchase desire among readers. In addition, Rowling has promised to promote you on her blog. Plus the quality of the book itself is high, so it's easy to bring up your popularity. When you have enough popularity, "Pirates of the Caribbean" and "Fifty Shades of Grey" will naturally attract more readers' attention. ”

Guo Shouyun nodded, Christopher's marketing strategy is correct, which can also save a lot of promotion costs. However, judging from the number of copies he has printed in three sets of books, he still has little confidence in the sales market of "Fifty Shades of Grey". If it weren't for the fact that Guo Shouyun is the major shareholder of Jing Yingniao Publishing Company, and the quality of several other works is very high, I am afraid that "Fifty Shades of Grey" would not even have a print run of 50,000 copies.

"Forget it, let's let the market prove it!" Guo Shouyun shook his head in his heart, giving up the idea of lobbying Christopher to print "Fifty Shades of Grey".

"I see! I'll leave the matter to you, and remember to let me know when you have good news. ”

"Don't worry!"

"Then first, I'll hang up!"

After putting down the phone, turning on the computer, I went to my Yahoo mailbox, added Chen Zhen's email address, and sent an email. Then he opened Molly Bevan's mailbox and sent an ambiguous~ambiguous email! Guo Shouyun thought of that delicate face, and looked forward to the other party's reaction after seeing this email. However, talking about love is not the most important thing for him to think about now.

"I almost forgot about this eldest lady!"

Hurriedly turned on the computer, entered the account of 'Phoenix Capital', took out $20 million from it, and transferred it to the account of 'Guo's Agricultural Company'.

"Jingle bell...!"

It didn't take long for the phone to ring again. Guo Shouyun doesn't need to look at it to know who it is.

"Hey, Bruce, I just got a text message from the bank that an institution called 'Phoenix Capital' transferred $20 million to our corporate account!" said Catherine Lincoln's voice.

"You know, I turned it!"

"When did you have a company called 'Phoenix Capital' under your name? Why haven't you ever mentioned it before?"

"Catherine, we haven't seen each other for a long time since you went to Harvard, and it's normal that you don't know about me!"

"Bruce, don't try to prevaricate me. It's been less than half a year since the last Christmas, and you'll earn 20 million in half a year?... Wait, you won't be...?" Catherine's tone was worried and suspicious.

"I know what you're trying to say. Don't worry, the money is fine. Forget it, it's not clear a sentence or two now. I'll explain it to you in person when I find a chance...!" Guo Shouyun hurriedly interrupted.

However, before he could finish his sentence, he was interrupted by Catherine again.

"I also want to hear you clear up in person. It's seven o'clock tonight at Crab House at San Francisco's Fisherman's Wharf, you're in for a treat! Don't be late... Toot toot!"

Listening to the blind voice in the microphone of the mobile phone, Guo Shouyun couldn't help but smile bitterly.

"After so many years, this domineering temper still hasn't changed!"

Shaking his head slightly, he put down his phone and looked at the time, there were still four and a half hours before the appointment with Catherine. Although he had been on the plane for most of the day, Guo Shouyun, who slept well in the first class cabin of the plane last night, did not have the slightest hint of fatigue now.

With nothing to do, he turned on the computer and continued to finish the half-written "Spirit: Ghost Record"!