In this way, you can bring some of Hong Tao's assets into the management of the foundation, because the foundation is non-profit, so the tax issue can basically not be considered, which is equivalent to legally avoiding a part of the tax, and you can also win a good reputation for yourself, a philanthropist! This name is easy to go to any country in the world, in fact, it is indeed a charity, the foundation will definitely help some single mothers, and not all with Hong Tao's own money. Because the money here is not only Hong Tao's, but also other people's donations, how much can be donated depends on the ability of Mrs. Hilton.

To say that Hong Tao took great pains to pay less taxes for his money, this is also a last resort. If he pays taxes honestly, he has to pay them in both Canada and the United States, and the federal personal income tax and state personal income tax can reach up to 35% depending on the income level. Even if you make a profit in the stock market, you still can't escape taxes when you cash out. If taxes are paid according to this standard, one-third of Hong Tao's income from the listing of Netscape will have to pay taxes, which is nearly 400 million US dollars.

None of the rich Americans are willing to pay their taxes honestly, but if they don't, what can they do? This is where professional tax preparers and accountants come in handy, and they will use their professional knowledge to help employers avoid a part of the tax reasonably and legally, and then get their high remuneration from it. How much they can get in the end depends on their own ability, and the more they avoid it, the more clever it is. The more you get paid. It's not a shame, it's an honor. The more people know about the good things that can be shouted all over the street, the better. I think this proves the high level of their professional skills and is the capital of their food. This can be regarded as some cultural differences between China and foreign countries, many things that seem to us to be shameful are glorious when they go to other people's side, and many things that seem glorious to us may have to be sued in many places.

Investment is the most reasonable and legal way to avoid taxes, according to the laws of the United States and Canada, you make money, don't dig a hole in your own backyard, take it out to invest. The government won't collect your taxes, or it can offset a large part of it, and even give you tax refunds and subsidies. Their main purpose is to let the money be transferred in the capital market, as long as it is turned up, there will be no worries about taxes, if everyone hides the money and does not spend it, then the country should die of poverty.

Funds are also another way to avoid taxes, especially non-profit funds, which are tantamount to giving back to society. So the government doesn't charge or undercharges your taxes. It is equivalent to encouraging everyone to make a fortune, don't forget to benefit the public, don't forget to help those who are still poor, so that it also helps the government to a certain extent and solves some social problems.

In addition, you can also use overseas mutual funds to purchase and redeem. You can legally avoid taxes by buying real estate in different states, and you can also set up high-tech companies and get government subsidies and tax exemptions. For example, the reason why Aigo has its headquarters in San Jose is because of the California government. The state is exempt from tax for high-tech industries for 2 years.

Hong Tao doesn't have to worry about these details, and even the IRS professionals can't figure out the legal provisions for a while. He is even more hopeless to understand this law-blind. Fortunately, he has enough money to pay for the lawyer, and these guys are specifically eating this bowl of rice. Their level of business is higher than that of the IRS, and how to go around the big circle and pay less than a dollar is the value of their lives. Hong Tao only needs to know what he needs to do in the end, and what kind of journey he can achieve.

Some people have said, is it so complicated to use? Isn't it over to find an accountant to make a spending account, isn't that what is done in China? Don't try to do this, it will put you in prison very quickly, and then the family property will be fined to pieces, and you will not be able to slow down for half your life. This kind of small trick is okay in China, but in Europe and the United States, especially the United States and Canada, it does not work at all. Because here, there is a whole set of financial management methods, and the vast majority of corporate and individual expenses are monitored by the Ministry of Finance, and not a penny can be hidden. And there is also an agency here that makes all citizens hate and love each other, called the Internal Revenue Service, commonly known as the Internal Revenue Service, or IRS for short.

This department is part of the U.S. Treasury Department and has more than 40,000 inspectors, all of whom are big-shouldered and heavily armed. Regardless of men and women, they are a lot taller than the police, second only to the special forces, in the United States, wearing a police uniform is not Niu X, wearing a suit, hanging a tax police certificate is a heifer sitting on the wire, Niu X with lightning. They hold every American's Social Security number and every bank account number, whether private or corporate, within their purview.

This department has very big rights, once you or your company is suspected of tax evasion, you can directly freeze your bank account without going through the court, and it is useless for anyone to intercede. Many high-ranking US officials have also been cut down by the IRS, and even the Secretary of the Treasury, the top boss of the IRS, can't save himself, and the IRS even checks the president. Let's put it this way, every year on April 15th, all Americans have a sense of being in trouble, and they have to report their assets to the IRS before this date, both legal and illegal. If you report the truth, the IRS will not deal with you, and the rest of the matter is handled by other government departments, but if you dare to hide it, then they will deal with you until it is clear.

So in this land, you can ignore the police, ignore the CIA, look down on the Department of Defense, and yell at government officials, but you can't avoid the IRS. As long as you plan to live in this land, then you have to go and talk to them once a year, and don't wait for them to come to you, once they knock on your door, you will basically be lucky.

There is such a department, and he doesn't dare to fool around if he gives Hong Tao ten guts, and he can avoid the taxes that can be legally avoided, and if he can't avoid them, he should pay as much as he wants, and he can't lose a penny. The investment in the TV station has come to a halt, and now in order to save himself some tax money, in order to leave some living expenses for the children he already has and may have, he has to give up his face to fool Mrs. Catherine Hilton.

Hong Tao found a very natural opportunity, through the hand of the director of the hotel tower, handed an invitation to Mrs. Hilton, and then informed Rada, Carol, and Lily to suspend their drunken life and get up the next morning honestly, waiting for him to summon him.

In the early morning of September 3, a transport plane slowly landed at JFK International Airport, pulled a 60-foot-long hull out of the belly of the plane, and then was hoisted onto a flatbed trailer by a crane, followed by seven or eight Frenchmen, all the way to the yacht club.

Hong Tao's new yacht custom-built by Beneteau has arrived, and it will be put together for final assembly on the marina of the yacht club. Those Frenchmen were engineers from Beneteau's company, and they were specially invited by Hong Tao. He is not worried about letting American engineers install his new ship, who designed and built it, must be the most suitable for this job, and it is worth spending a little more money, which is related to his own life.

This new sailboat is 3 feet longer than the Mad Mouse III, this size is not exquisite, it is completely Hong Tao's habit, he thinks that 57 feet is not as good as 60 feet, and it sounds good. The new ship is still an aluminum alloy hull with a semi-keel design, but in order to minimize the weight of the hull and not reduce the firmness of the hull, a lot of carbon fiber materials are used inside the cabin, which makes it 160% more expensive out of thin air, in addition to the use of new materials, this is still a catamaran.

Why did it change to a catamaran again? This is also the result of negotiations between Hong Tao and French engineers. According to the traditional nautical concept, the performance of a monohull is indeed better than that of a catamaran, but with the advancement of technology, catamarans can also achieve the same good capsizing resistance as monohulls through more precise design and higher manufacturing processes. If you add an experienced captain to the pilot, the advantage of the monohull is gradually reduced to a negligible distance.

Hong Tao is of course an experienced captain now, and if Eliza is on the ship now, she will have to learn from Hong Tao as a teacher. According to the Chinese dialect, this is called the first to learn first! With the baptism of the stormy waves in the Drake Strait and the actual driving of tens of thousands of kilometers, Hong Tao is now more qualified than the vast majority of sailing captains in the world to evaluate how to sail a sailing ship, and what he has learned from books is never as valuable as the experience gained in actual operation.

Solving the problem of anti-capsizing of sailboats, catamarans have more advantages than monohulls. The first is its stability, as long as it is not in extreme sea conditions and the captain's improper operation, the maximum tilt angle of this ship is about 15 degrees. Once it exceeds 20 degrees, the mainsail and ball sail will automatically drop the sail, otherwise it will be almost the same as the first ship of the Mad Mouse. This design was also highly recommended by the French engineer to Hong Tao, because it could ensure that even if the captain made a mistake, there was still a certain chance that the sailboat could be corrected, and there was no need to turn it up like Hong Tao's first catamaran.

Secondly, the new ship has a huge cabin with two double bedrooms on the left and right sides of the central part of the hull, both with en-suite bathrooms, and a 5-metre bathroom in the middle of the hull* The large living room of 5 meters can accommodate more than 10 people to gather easily in it, and it does not seem crowded at all; the rear part of the hull is divided into two areas, near the living room is a dining room, the standard seat is 8 people, squeezed 12 people can also sit down, the dining table in the dining room is still a lifting design, usually can be retracted back to the floor, the dining room is connected with the living room as a whole, a small dance party is enough; the back of the dining room is the kitchen on the left, the right is the freezer, there are two refrigerators and two large freezers. (To be continued......)