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As the old saying goes, antiques in prosperous times, gold in troubled times. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

More than 60 countries around the world are engaged in art auction business, but only the three giants of the auction industry: the United States, China and the United Kingdom, account for 87.5% of the global art market, generating $14 billion of the total global transaction of $16 billion.

The largest market is the United States, which accounts for 38% of global transactions with just 12% of lots.

The auction industry focuses on the ultimate collection, and high-end buyers, in fact, the competition is the accumulation of the industry. New York is the center of American culture, art, music and publishing, with many museums, research institutions and art centers, the headquarters of the three major American radio and television networks, some influential newspapers and magazines, news agencies, art galleries, libraries, and scientific research institutes.

There are a wide range of art investment and financing channels, not only in the two giants, but also in the United States, banking institutions such as JPMorgan Chase and even major commercial houses. The fact that the New York market has long held the number one position in the global art market is inseparable from its status as a global financial center.

Sotheby's insisted that the auction be held here in New York precisely because art auctions in the United States often cost art sky-high prices.

This is also the reason why Chen Ergou agreed to come to the United States knowing that the United States has high taxes.

The auction has ended, but there are still some processes to go through - the transfer of the auction object and the taxes payable!

After paying Sotheby's 8 percent of the commission and paying auctioneers and legal and expert experts, there is still $460 million left! This money seems huge, but not all of it belongs to Chen Ergou.

"Tax~"

Art auctions in New York are tax-wise, but they are still not cheap. Chen Ergou wants to take the $460 million away, and he needs to go through various tax procedures, and the situation is quite complicated. Even if you're a native-born American, you don't necessarily know how much tax you're going to pay.

He asked that according to the "territoriality principle" of taxation, the taxing power of any country cannot invade the territory of another country, that is, it cannot tax income or business activities occurring in other countries. However, there is no doubt about the right to tax the business activities and various income obtained by legal persons or individuals of other countries within the territory of their own country.

That is, this amount, he needs to pay taxes in the United States.

If you want to bring it back to China, it is income obtained from abroad, and you should also file a tax return. However, the tax that has been paid abroad can be offset against the amount of the domestic declaration. In other words, the tax burden abroad is high, and there is no need to pay taxes when you return home. If the tax burden abroad is low, you will have to pay the difference.

Fortunately, there is still more than half a year before the tax day, and this is the most half-year period.

In this case, it is better to invest directly in the United States. There are many preferential policies that can be used to make tax deductions for investment. He needs to spend as much money as he can, and the more he spends, the less pressure he will have to file his taxes.

For specific operations, a professional tax team is needed to help with advice.

At yesterday's hotel banquet, Chen Ergou had already dismissed various banking institutions, tax agencies, and even people from CAA brokerage companies.

Chen Ergou also considered this issue early.

The "Reservoir Dogs Investment Fund" he asked Barkley Don to help set up was to cope with the current situation, and now that the funds are in place, it is time to start.

"The company is registered in the Cayman Islands. This is the legal counsel I screened for you at your request, Donnie Jenn. Barkley introduced a middle-aged man.

This gentleman looks very honest, with a round face and two dimples when he smiles, and a beer belly. The person is only middle-aged, and his hair is already a little gray, and there are obvious traces of "Mediterranean".

He was wearing a large black suit with many wrinkles, but the shirt inside was a brand new shirt. With a shy smile on his face, he looked at Chen Ergou expectantly.

Donnie is suffering from gains and losses now, and he is naturally no stranger to the person in front of him.

To put it bluntly, I am afraid that today, this young Chinese man in front of him should be the person who has made the most headlines on the front pages of media newspapers in the world. Thinking about the news report he saw this morning, he still couldn't help but feel envious.

For yesterday's auction, although not so many reporters came, these media were too well-informed, and all the reports were well aware of the scene, and the twists and turns of the auction process during the auction were fully realized.

Including The New York Times, The Los Angeles Times, The Washington Post, The Sun, The Times, Yomimai, Agence France-Presse, Xinhua News Agency, ...... and other big media, all vying to report -

"The mysterious pirate treasure that has been hyped for more than half a month was auctioned at the Hilton Hotel in New York yesterday. Including the gemstones previously found in the Babossa purpose in the Congo Basin, as well as the environmental treasures of the Caribbean Sea, a total of up to $500 million was auctioned!"

In particular, in the final finale of the treasure auction, Spain, France, London, New York art finance consortiums, Middle Eastern investors, and other parties participated in the bidding, and once raised the price to a height of 300 million, creating a record for the highest price of a single product in the history of Sotheby's auction. It was written into the Guinness Book of World Records. ”

The last buyer, the Emirates Investment Group of Dubai, won the final victory, and the head of the company, Maktoum Ahmed, announced that this Barbosa treasure will be built in the Dubai Emirates Museum to build a special section of the Grand Maritime Museum, so that tourists from all over the world can enjoy the island scenery during the Great Voyage. ”

"A new billionaire is born, and Hero-chen, an adventurer from China, becomes an overnight sensation. He promised to take a part of this huge wealth and use it to invest in charity, environmental protection, education and other areas. ”

……

All these descriptions are only a small part of the newspapers.

Fortunately, Chen Ergou did not swell, and even politely declined Wang Congcong's invitation to go to the nightclub, and started work early the next morning.

Barkley-Tang also couldn't understand why Chen Ergou made this kind of employment requirement: "You don't need to be too shrewd, it's better to be those who are sincere and honest, principled but depressed." You don't need to be proficient in business, but you need to be able to faithfully carry out your employer's orders. ”

These are Chen Ergou's original words, Barkley has been investing all his life, and he has never seen such employment requirements. "Sincere, honest and principled" is easy to say, but if he wants to hire a subordinate who is only obedient and can't give any investment advice, he can find it anywhere, so why bother to find the most expensive lawyer?

Chen Ergou checked Downey's information, and there was a daughter at home who was suffering from congenital heart disease. He is currently divorced, his wife ran away from a fitness instructor, and he is working independently to take care of his daughter. However, because he was unwilling to cooperate with the law firm in a joint agreement, he was excluded by his peers.

"Thank you, Barkley. ”

Chen Ergou thanked him, turned to Donnie Jenn and said, "Mr. Jenn, I am willing to hire you, you have half a year of probationary time." During this period, if I feel that we are not happy to cooperate with each other, I have the right to terminate the contract at any time, and the right of interpretation belongs to me. Do you accept it?"

"Thanks, BOSS, I need this job. ”

At least the attitude is very good, Chen Ergou said: "Your first task is to make a reasonable tax avoidance plan for me." ”

"No problem~"

As for the investment plan, Chen Ergou has a spectrum in his heart. even invited Barkley and Wang Congcong to ask them if they wanted to conspire together and make a fortune together. The former politely refused, and the latter did not take it to heart at all. When it is Wanda's turn to bring others to invest, Wang Congcong started with investment and has his own set of philosophy. And the roots are all in the country. While many investments aren't so impressive, at least they haven't been lost.

"Don't regret it then~" Chen Ergou pretended to threaten.

was despised by Wang Congcong, "Joke, I have never regretted it in my life." ”

Chen Ergou didn't care, and explained some things to Xia Meng and Downey, asking them to collect some relevant investment information and materials that he liked, and then acquire an entertainment animation software company.

And with the material for this auction, his personal treasure hunt documentary can finally complete the final production, just waiting for the publicity to be released.

Chen Ergou has nothing to do and is light, and he can finally return to China.