Chapter 225: Paving the Way for Car Building

When the Chicago Mercantile Exchange decided to launch Bitcoin futures, the crazy coin market soared to $19,300!

A few months ago, no one dared to predict that Bitcoin, which was still floating at two or three thousand, would be able to go crazy to such an extent. Chicago's move to open futures once again made Yang Ming a lot of money.

Yang Ming, who was already on a Miami yacht, enjoying hot girls and parties, learned about the company at this peak on the phone, and his subordinates sold as many as 30,000 coins through more than 20 companies!

It directly brought him nearly $580 million in revenue! In this selling feast, this is the largest order he has earned! After learning the result, he laughed and threw away his mobile phone, picked up a large Yanmar and threw her directly off the third deck of the yacht.

“F**K YEAH!”

He began to understand the mentality of those Wall Street tycoons, this is simply a reasonable and legal robbery! Watching the crazy entry of funds into the account is much happier than engaging in industry!

Although this is just his extra business and may not have it in the future, but now this moment still gives him a fluttering state, and the taste of a sip is nothing more than that.

"Oh Mai Ka!" Daniel ran to the edge of the fence and looked at the big girl he threw into the sea, "Man, what's wrong with you? You're crazy!"

"I might really be crazy!" Yang Ming didn't deny it, he snatched the wine glass from a bikini hottie next to him, and raised his head to take a big sip.

"She hates you!" Daniel laughed at the babes who had climbed onto the boat in embarrassment.

"No, no, she won't!" Yang Ming shook his finger, "I'll give you 100,000 dollars, you still love me, right?"

"Yes, I love you!" said Yanmar smiled.

"Look?" Yang Ming shrugged at Daniel.

Daniel smiled: "You give me the same feeling as I used to make a big deal of 500 million, and then play with girls, drink heavily, and keep haha." ”

"Isn't it a holiday?" Yang Ming sat down and calmed down his excited mentality, "I've been stuck at work for too long!

Daniel can't figure out if it's screwed up to be so successful now?

"I feel," Yang Ming thought of Li Wei, somehow they became strangers, and the correspondence was still there, but it was like they had really recovered their friends.

He couldn't understand it, and he hated himself for not being determined, so now it's a bit of a broken jar, and let it go!

"You're making great success right now, and no one has ever been so good. ”

Daniel doesn't associate him with those who have erupted—the latter are only interested in squandering the losers, but Yang Ming continues to create miracles.

It's the same crazy flowery and drunk, but Howard Hughes can stay in history to be envied and happy, and countless second and third generations in the same period can only be turned into dust!

"Thank you for thinking so!" Yang Ming raised his glass and touched him, drank it all, and suddenly felt bored as he looked at the feast of these beauties.

And the crazy coin market really hit the top after he made a big profit! In the next few days, the crazy dive reached the level of 13,000, so that the players who entered with the good wind suffered heavy losses!

Yang Ming browsed the data on the computer, and could imagine the bloody sheep shearing, and countless pick-up heroes had lost all their money and wanted to jump off the building!

At present, there are more than 10,000 bitcoins left in his hands, and the total revenue of the 20 companies he holds has reached 2.3 billion US dollars!

After removing the cost of $350 million in the market, it is estimated that the profit after the sale of the remaining pile of bitcoins will reach exactly 600%!

Anna gave him an estimate of the profit in the past six months, and he could earn 2.1 billion US dollars, equivalent to 14 billion yuan!

On the G650 flying back to China, there were waves of sound in the cabin, two flight attendants took off their coats and writhed with the music, and the boss crossed Erlang's legs and smiled at life.

Recently, he is in a good mood, he gives red envelopes to everyone, and his mentality has not changed from a billionaire playboy, although he does not eat the grass on the edge of the nest, it does not mean that entertainment programs cannot be had.

Anna came from these waves of sound, the remote turned off the sound, and sat down in front of him. Yang Ming interrupted strangely: "What's wrong?"

"I'd like to give you a tax briefing. "Anna is very serious, and he knows that his boss will probably forget when he returns home.

"Tax, yes!" Yang Ming nodded.

"You had the subsidiary as an offshore company, and the transaction location was operated by an overseas business, and most of it went according to plan, but some of it was unavoidable to be traded in the United States, and you had to pay about 33% tax on that. ”

The corporate tax in the United States is much higher than that in China, and Yang Ming expected it to be shrewd at the beginning, although the office is located in the United States, the wholly-owned subsidiary he holds is offshore.

That is, their buying and selling operations are carried out through offshore accounts, nominally in the zero-rated offshore financial zone of the enterprise, and this part of the income is not taxed at all.

This tax avoidance is common, as is Apple's, which holds nearly $300 billion in cash in offshore accounts, more than South Korea's foreign exchange reserves!

However, because of the tax burden to get back to the United States, the local American Apple can still only rely on debt to maintain its operation, and the federal government tries in every possible way to collect taxes but has no way.

Yang Ming is also the same routine, but he is more clever, the funds in the offshore account are completely unrelated to the local operation in the United States, even if the funds come in, I am also a foreign investment, and I can't calculate my taxes!

However, a small number of funds are funded through lending banks, and according to Anna's analysis with the financial advisory team, this falls within the scope of federal and local tax collection, and cannot be escaped.

"How many?"

"About $400 million. She replied.

"The advice of the financial advisor?" Yang Ming knew how to do it, but he was too lazy to use his brain, and wanted to listen to the answer directly.

"It is recommended to use it in the field of investment, which is counted as the operating expenses of the enterprise to avoid this part of the tax collection. Because all things considered, you have a lot of investment in the United States. ”

"Correct!" Yang Ming didn't want to listen to the reason, because it was the same as he thought.

The calculation principles of the tax laws in China and the United States are similar, just like the traffic laws are similar all over the world, although the proportions are different, but the operating costs, necessary expenses of the enterprise, and other expenses are all pre-tax deductions.

That is to say, if Yang Ming wants to manage this money freely, then he needs to pay taxes, but if he uses it to invest, even if it is the business project of the company, it cannot be taxed.

After thinking about it, he decided, "I want to invest part of the funds in China to set up my car company." ”

The company in North America actually belongs to Maxwell (North America), and he can also set up Maxwell (China) and Maxwell (UK) Company...... Etcetera.

Because the technology that comes out is only used in this little bit of sports car, which is a bit wasteful! and then set up a sub-brand, or produce mid-range models, sports cars, and performance cars, can it play a greater role.

In addition, the company's fortune model mainly relies on poaching people, which is set up in different countries and locations, and it is also convenient to build a technical team, and future sports cars will inevitably go to Germany and the United Kingdom for testing.

Another big reason is to want to be a representative of domestic products, although the research and development place is in the United States, but the controlling shareholder is Chinese, the production base, research department set up in China, paving the way for electric car manufacturing!