Chapter 3: Canyon Manor

Napa Valley is a well-known wine region in the United States.

It's not too far from San Francisco, a two-hour drive away, and Moldona says that there are many wineries of all sizes. In particular, the valley area......

But unfortunately, the car did not enter the valley, and found a restaurant in Napa County to eat, talk about some things about the manor, and Duanmuqing's life.

Duanmuqing came to the United States nine years ago and bought the Canyon Winery through an intermediary, which was later renamed Canyon Manor. People who know Duanmuqing have the impression of him as a mysterious Chinese old man.

Duanmuqing is very low-key, and after buying the manor, he stayed in the mountains all year round, rarely going out and walking, or not going out at all. Whatever he needed was the janitor Elson going down the mountain to procure it......

"Canyon Manor is now in the custody of the Federal Inland Revenue Service. After eating, are you going to visit the estate or go to the tax office to find out how much tax you need to pay?" asked Stephen.

"How far is the manor?" Chen Mo said with a sip of juice.

"A dozen minutes away. ”

"I went to the tax office first and then to the estate. ”

"That's fine. ”

Duanmu Qing died suddenly, which was a lot of fun for the US Federal Internal Revenue Service.

All of his property was not transferred and was recorded. It also means that the heirs of Duanmuqing's estate need to pay no less tax.

After eating, Chen Mo and the others went to the tax bureau first.

Stephen took Chen Mu to meet with the tax officer separately to understand the taxes that needed to be paid.

Stocks can be tax deductible, and this part can be signed directly. According to the new inheritance tax, Chen Mo has a tax exemption of 10.98 million, and then the upper limit of inheritance tax payment is 40%. However, Chen Mo's inheritance also includes fixed assets, and asset appraisal must be done before inheriting the estate......

The team of lawyers led by Stephen invited the asset appraisal agency of Chase Bank to evaluate the Canyon Manor, and I don't know what method was used, and it was estimated at $116 million.

Probably the most hated government agency in the United States is the Inland Revenue Service, a more powerful and hated department than the FBI. The $116 million valuation was not convincing, so the IRD conducted a new asset appraisal of Canyon Estate, which was valued at $265 million, which was much higher than the real value.

Chen Mo didn't understand the English they spoke, so he saw Stephen arguing with the tax officer, making his face red.

After a long time, Stephen got a stack of documents and pulled Chen Mo to leave the tax bureau quickly: "This is the asset appraisal rearranged by the Federal Tax Bureau, the asset appraisal of Canyon Manor, 265 million." Falktame's Inland Revenue ......"

Chen Mo took the Chinese translator and looked at it, very big: "How much tax do I need to pay, all." ”

"You have a tax-free quota of 10.98 million. Another $428.9 million is taxable, or about 39.999 percent...... Fortunately, Duanmu Qing lived before the introduction of the new tax system, otherwise you would have to pay more than 70% of the tax. ”

"According to the calculation of 40 percent......" Chen Mo wanted to take out his mobile phone, only to remember that the mobile phone was out of battery and was left at home to charge.

"171.56 million. Fortunately, Mr. Duanmuqing has already paid the lawyer's fees......" Stephen looked at Chen Mo with an innocent expression.

"Damn!" Chen Mo looked at Stephen without blinking: "Then how much money is left in my hand?"

"Stocks have risen a little bit lately...... The shares you can inherit are worth about 2.4 million. After deducting stamp duty or something, you should be able to get $2.3 million. Oh, and the tax office will reduce the land tax for Canyon Estate for the next three years, as well as some other taxes. It's complicated, and in general, it will give you about 30 million tax breaks in the next three years. ”

"What the fuck am I ...... How is it possible to pay 10 million taxes a year. ”

"How do I know. Stephen stroked his beard.

"I'm Cao. ”

Stephen shrugged: "I have consulted you, the annual fixed land tax paid by Canyon Manor is about 1.1 million, which is not as high as imagined." The income of the estate last year was 10.5 million, and according to the new corporate tax, it only needs to pay 2.1 million corporate tax and 1.2 million land tax. By the way, there is no tax refund during the tax exemption period......"

"Viticulture is agriculture and there are no tax deductions?"

"That's for ordinary agriculture. Canyon Estate is sufficiently profitable and is not covered by the general agricultural tax deduction. ”

Talking about taxes made Chen Mo dizzy.

"Heading to the manor next?"

"Of course. ”

"Canyon Estate is located in the Verde Mountains and is one of 16 AVA appellations in Napa Valley, covering 1,850 acres. Mr. Duanmuqing moved here 8 years ago, first bought a 50-acre canyon winery, and then successively bought the land to form the current scale. Stephen said as he cut two cigars and handed one to Chen Mo: "1,850 acres, if all opened up, will be the largest grape plantation in the Napa region." The existing 200 acres of vineyards are already very large. 1,500 tonnes of grapes per year......"

Stephen lifted his glasses, looked at Chen Mo's hillbilly expression, smiled, and continued: "The vines in Canyon Manor are all more than ten years old, and the output of 1,500 tons is to produce high-quality grapes, and the yield is controlled. Grapes, which have not been carefully cared for in the last three years, were sold for an average of $7,000 per ton. The input cost of outsourcing does not exceed 3 million US dollars, and the net profit is about 4 million. At the same time, another 700 acres of land at Canyon Estate have been licensed for graticulture. If all the grapes are planted......"

How many acres is an acre?

It seems to be six acres.

200 acres is 1,200 acres......

The production group where my village is located is less than 100 households, a family is only about 5 acres of land, and the land owned by a production group is about 500 acres. The existing vineyard is equivalent to two production groups in the hometown......

There are also 1,650 acres of wasteland, which is larger than Chen Mo's hometown.

The car entered the mountains, and the asphalt road was lined with neat fir trees and irregular vineyards.

From Napa County to Canyon Manor, it is about less than fifteen kilometers, and it is only ten minutes by car, and it feels like you are about to reach the top of the mountain.

Stephen pointed to the vineyard on the right and said, "The vineyard here is only a part of Canyon Estate. ”

Chen Mo opened the car window, the vineyard on the right, and the high mountain peak on the left, which should be the main peak of Mount Verde, and the main bee used to be Sonoma County.

The car was not far away, and an iron gate blocked the way. There is a wooden house inside the iron gate, and there is a stone tablet outside the iron gate, on which there are the four words 'canyon manor' engraved in the ancient Chinese seal.

The driver honked his horn, and then out of the cabin came an old white man in his fifties and sixties, with a beard and a cowboy hat. He was accompanied by two young men in suits......

"Elson, the janitor of Canyon Estate, has been working here since he was a Canyon winery and is an experienced vine farmer. In the future, the management of the vineyard could be entrusted to him. By the way, Erwin is also the only worker on the estate. The other two are from the tax bureau......" Stephen said and opened the car door: "Old man, I haven't seen you for a long time, look at the young man I brought back, Chen Mo, the only relative of Mr. Duanmuqing, the inheritor of Canyon Manor." ”

Chen Mo hurriedly got out of the car, looked at Stephen and whispered, "Should I call it that?"

"Just call Old Elson, he understands Chinese. Stephen didn't deliberately hide it, and said with a smile.

"Call me old Elson or old Elson, you can. Elson opened the door and walked over, looking at Chen Mo with a smile on his face: "Hello, I am the janitor of Canyon Manor, and I hope to continue to work for you in the future." ”

"Please take care of me, my name is Chen Mo. ”

"Elson Burwick. ”

About 100 meters into the gate of the estate, turn left and you will see a series of vineyards.

Here is a small valley with hills on both sides, narrow on the outside and wide on the inside. At its narrowest point, it is probably less than 50 meters in diameter, and the valley is in the shape of a gourd, surrounded by mountain peaks, with several buildings in the middle of the vineyards.

"That's where the name Canyon Estate comes from. This was originally a winery, but after bankruptcy, Duanmuqing bought it, and then closed the winery and changed its name to Valley Manor. From then on, Valle Estates produced only grapes and did not make wine. "Parking outside a big prairie style house," Elson explains.

The name is Canyon Manor, which is actually in a small valley, and the surrounding peaks are not high, so it is more appropriate to say that it is a hill. That is, in a hilly valley......

"This is the house where my master used to live?" Chen Mo looked at the surroundings, the house faced the valley mouth, and there were vineyards in front and back.

Behind the house, there is a vineyard of more than 30 acres, which should be a winery, and a row of two-storey houses with staff dormitories and the like.

"Mr. Duanmuqing lives in the valley. Elson pointed in the direction of the winery, further away: "The grove used to have a 7-acre vineyard. Mr. Duanmuqing doesn't like to be noisy and lives in a wooden house in a vineyard on the side of the mountain all year round...... This house was the residence of the original winery owner. ”

Spacious house, the living room alone is almost 100 square meters.

The living room has a creamy leather sofa and a coffee table.

The group sat down, Chen Mo was still looking at the house, and looked at Stephen when he came back to his senses: "Why did my master disband the management team of the manor three years ago?"

"How do I know ......"

"You're not a good friend of my master, don't you know?" Chen Mo looked at him suspiciously, although Master Aoki was the character of an old naughty boy, he was also like this in front of him. In fact, the impression of the people in the village of the old Taoist priest Aoki is that the stones in the pit are smelly and hard, but he is not a good person to get along with.

Stephen touched his chin and beard, and said with a sneer: "I guess I am rich and capricious." Your master is not very good-tempered. ”

Elson smiled wryly: "Mr. Duanmuqing almost lives a reclusive life and has little contact with the outside world. Mr. Stephen should be Mr. Duanmuqing's only friend and Mr. Duanmuqing's investment advisor. ”

Stephen shrugged, looked at Chen Mo and blinked twice: "Not really." By the way, I also have an offer contract here, and when you inherit the estate, I will be the CEO here to help you manage the estate. ”

"Why didn't you say it before?"

"What I'm going to tell you on the plane is that you were so excited that you wanted to go back to China with a lot of cash and be a rich man. ”

"What is your annual salary, if it's too expensive, I'm not going to hire you. Chen Mo rolled his eyes, a well-known lawyer like Stephen must have a good annual income.

"The annual salary is negotiable. Stephen seemed to be excited, even slightly excited, about becoming the CEO of Canyon Estate.