Chapter 281 Tax Burden and Identity Choice
When Yang Ming was busy dealing with various officials and businessmen and finding out the most suitable model for his heart, Li Wei helped him arrange another important matter behind the scenes.
"Are you going to Xiangjiang? Yang Ming was a little surprised by this arrangement, but Xiangjiang he had always wanted to go, but he didn't have time to plan.
"Discuss some investments and business, and then deal with some private matters. Li Wei took his coat in his hand and asked him to try on other clothes.
"By the way, you don't want to be too early. Yang Ming knew that she didn't want to have a child so soon, and she had some regrets as a mother before she finished enjoying love and achievement.
"One last time to ask for advice. Li Wei stepped forward to straighten his collar, and the private tailor next to him smiled slightly and withdrew.
"I don't mind, don't let yourself sacrifice anything anymore. Yang Ming is very open-minded in this regard, "And I'm not ready, it's not decent to be a father like this." ”
"Who said that!" Li Wei touched the stubble on his face dotingly, "It's quite mature and charming!"
Yang Ming gave her support: "Do what you want!" But it's better for us to go to the United States, they are very skilled, and by the way, they will also play there for a while." ”
……
Southbound on the G650.
Li Wei then talked about the performance of Eastbound after its listing: "The stock price remains at around HK$8.0 and the market value fluctuates at 88 billion, which is a lot of benefit for us to start the replacement and acquisition of Southbound." ”
"Has there been any effect?" Yang Ming knew that Li Wei had been promoting mergers and acquisitions.
"We have acquired 11% of the shares in the hands of some shareholders through different shareholding methods, and we have also received 12% of the outstanding shares in the secondary market. ”
"So we have 23%?" Yang Ming felt that this step was close in the push, "Is there any other aspect of difficulty?"
"There may be some major shareholders who are opposed and do not agree to the merger, but my solution is to increase the proportion to 30% by continuing to increase the shareholdings and trigger the compulsory takeover offer. ”
"Under the Hong Kong stock rules, after the mandatory offer, the minority shareholders can still have the opportunity to exit the market, and they do not need to pay attention to the opinions of the major shareholders, although they will sell the shares to us at the highest price in the market. ”
Yang Ming agrees with this approach: "After the offer is launched, small and medium-sized shareholders must be afraid that the major shareholders will change the direction of the wind and make them lose money, and in many cases they will take advantage of the high price to sell it." ”
Looking at Li Wei's self-confidence, she has been sure of the merger and acquisition of the southbound by the east, and after the merger and reorganization, she can become a large-scale banking group.
The bank can play a kind of consortium-style blood transfusion site, the large group has the assistance of bank funds, and the bank has the rich business volume of the large group, so as to achieve a win-win situation!
"Things are getting better and better!" Yang Ming was satisfied, although he was very rich, no one would think that he had too much money, not to mention that there was still a lot to do.
"There are also some uncertain prospects. Li Wei's mouth is not full of good news.
"Tell me about it. ”
"CRS is already being launched in China, and people and companies like us are the focus of attention, and you know it's more important when it comes to exports. Li Wei said.
What is CRS? It is a global taxation method for the disclosure of business information to enterprises and wealthy people.
However, the difference is that overseas income and overseas investment, which has nothing to do with the domestic content, may also be included in the scope of inspection!
Even the United States, which has carried out global taxation, has not done so much! When the United States did this, it caused a lot of capital to engage in tax reversal (the business itself fled from the United States).
For Li Wei, the group's operation will definitely be affected by this.
Because in the past, they used a set of export trade schemes: domestic export port, port and then transfer to the designated country, two sets of contracts!
To give a simple example: the group's drugs with a price of 100 million yuan are exported to the United States, and they are first sold to Hong Kong for 70 million, which is deducted from operating costs and a small amount of tax is paid.
The port then sold the contract to the United States for 100 million US dollars, but because the goods did not pass through the port, according to the local tax law, this is overseas income and no tax is paid!
So when the $30 million is used as a profit, it means that 30 million part of the tax is saved!
This is because Hong Kong is a notoriously low-tax region, with a maximum tax rate of 15% for individuals and 16.5% for companies, and there are no other complex tax items.
It does not tax operations that generate income outside of the country, as if it had just earned $100 million in revenue overseas, and it does not tax on that part.
Therefore, Xiangjiang is an excellent tax haven, and many offshore companies have also registered here, and the export operation of Northland Pharmaceutical is a multi-set of contracts of this type.
However, if the global tax is implemented, the pressure on the amount of money that companies need to pay will increase.
"How much will our profits be affected?" Yang Ming wanted to ask the key.
She said: "According to the revenue of 60 billion yuan that we can have overseas, we may have to increase the tax burden by 5 billion yuan, but we are not sure whether China will carry out duplicate project deductions at home and abroad." ”
"If that's the case, it's a bit heavy. Yang Ming pondered that if he could save this money, he could invest in scientific and technological research and development and university projects.
Even if it is for personal flowers, it can offset his spending for several years...... As a rich person, it is impossible to turn a blind eye to such a large tax!
Even if he is rich, but if he is as rich as the richest man, he will also reasonably avoid taxes in all aspects - suddenly he understands her purpose!
"So you want to see the Chief Executive, not the Chief Executive to see you. Yang Ming suddenly realized that she was really a powerful woman, when she belonged to herself, she was equivalent to sleeping without worries.
"Thank you. Li Wei crossed her legs and drank coffee, she has her own methods, such as Hong Kong and Macao identity, so under one country, two systems, the mainland system will not affect this side.
Although Xiangjiang has canceled the most direct investment policy, it is no longer possible to get identity by investing money, and what they need now is talent and technology.
That's why Li Wei specially designated to meet with the supreme officials, and the weight they represent and the technology they possess have been heard all over the world in the recent series of blows!
"Have you really thought about changing the environment?" Yang Ming asked her.
Li Wei asked rhetorically: "Didn't you think about it before? The tax burden here is lower, and China will charge you 45% of the individual income tax and 20% of the dividend, but here it is up to 15%, and the income from overseas operations is not taxed." ”
Yang Ming sighed: "You know that I am from a financial background, these numbers are simply irresistible to me!"
Li Wei nodded in agreement: "We are all the same, one more point and one less point is enough for us people to rack our brains, not to mention such a large number." With this identity, we are all Chinese nationals, but it is much easier to go abroad, a large number of countries are visa-free, and the travel procedures are greatly simplified, which is very convenient for your investment and development!"
Speaking of this passport visa-free issue, it has always been Yang Ming's bound heart, the outside world is not necessarily good, but he has a lot of business outside.
"One more point," Li Wei said a little closer, "according to your temperament and style, you are positive now, but can you guarantee that you will definitely do it in the future?"
Yang Ming knows that this matter is not easy to talk about, but as the top rich man in the industry, he is not honest, and he does have the possibility of making a big move.
She added: "On the Hong Kong side, it is relatively loose in its policy, not recognising but acquiescing that you can hold other identities at the same time, and they even acquiesce in dual citizenship. If we are operating in the mainland, there is no need to toss around. But if the focus is on the world, whether in terms of tax burden or the use of funds, it will be more convenient here. ”
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