Bow and thank you for the reward of 1888 again, and there will be a chapter for you later in the evening! Bow and thank you for the generous reward of "Blank State He 0" and the generous reward of "Cup of Wine Facing the Wind" and "Handsome Can't Get Up"!

Sam, like Don, was in no hurry to return to the U.S. after the deal closed. For such a big transaction, just paying taxes is enough to make people hurt. Australia, like other developed capitalist countries, is a country with heavy tax rates, and compared with the United States, Australia ranks higher in the tax pain index, once ranked 38th in the world, 10 places higher than the 48th in the United States, you can imagine how heavy the tax in Australia is!

A full transaction volume of 1.75 billion US dollars, if you really pay taxes according to Australian tax laws, it will be distressing to death, not to mention, in Australia, the company's business tax alone is as high as 34%, so only by taking the necessary reasonable tax avoidance methods, it is possible to minimize losses.

Tang didn't understand this kind of tax thing, but Sam did, so Sam found Ernst & Young, a London-based accounting firm. Compared with the other three of the Big Four accounting firms, EY may not be as large as the other three, but EY has the largest number of clients in the energy and mining industry, and is also the most familiar with the energy and mining business. In addition, Australia is also a Commonwealth country, so it is obviously better to use EY than PwC, KPMG and Deloitte.

But even if a giant accounting firm like Ernst & Young comes out, it is not so easy to avoid so many people quickly, but fortunately, there are still several months before the Australian tax payment deadline, and this time is enough for Ernst & Young accountants to make a plan and put it into practice.

Of course, BHP Billiton has also been of great help in this aspect of reasonable tax avoidance. At this time, BHP Billiton did not know the real situation of that mine, and now Tang's Mining and BHP Billiton are in their honeymoon period. As Australia's largest group company, it is easier for BHP Billiton to carry out reasonable tax avoidance.

Of course, BHP Billiton is involved in these things, and the agreement is signed in advance. It is said that this kind of shady thing will not sign an agreement, but under Tang Feng's repeated requests, even if it can give BHP Billiton a part of the profits for this purpose, the agreement must still be signed, so many key documents still signed relevant agreements.

Others don't know the situation in the mine, but Tang Feng knows it. If BHP excavates the ground of the mine in the future, it will be like that under the scenes, BHP Billiton's flow. Hooligan attributes, don't you turn your face immediately!

Reasonable tax avoidance is a thing to put it bluntly, it is to play a side ball, no one can break it, it is good to say, once someone stabs outside, the first unlucky one must be Tang Mining, and in terms of the hardcore relationship between the United States and Australia, even if Tang Feng and Sam are hiding in the United States, they will not be able to escape the fate of being extradited.

Therefore, BHP Billiton must hold on to BHP's sore feet at this time, so that they cannot sabotage this matter. Once they want to turn their faces, then these agreements are the best evidence, with the power of the lawyer behind Sam, it is completely possible to detain this basin to BHP's head, saying that BHP Billiton offered to help Tang's Mining reasonably avoid taxes in order to reduce the purchase price.

These things are the unspoken rules of the circle, even if they are as large as BWP, in the case of an agreement, they would not dare to risk being heavily punished by the Australian federal government to poke these things apart.

Of course, everything in this was operated by Sam, and Tang Feng rushed to the United States after Norsman disposed of those precious metal deposits. Now that Tang Feng is a serious billionaire, buying Jones's ranch is as happy as drinking cold water.

One day in early May, Tang met up with Jack in Lakeview. Jones, with Sophia, came to Houston to participate in the National Old Oil Well Auction Conference held here.

Tang's purpose was not on Jones Ranch, the twenty-one old oil wells in Jones Ranch were Tang's target.

The scale of the auction is not small, and there are more than 400 old oil fields and old oil well groups participating in the auction this time, including both old oil fields and old oil well groups that have just been put on the market, as well as old oil fields and old oil well groups that have participated in several auctions but have failed to be auctioned. A group of old oil wells, such as the 21 old oil wells in Jones Ranch, belongs to the latter.

For those investors who are waving banknotes and checks and are ready to gamble in the mining industry, the attraction of those old oil fields or oil well groups that have been auctioned in the past is naturally infinitely tending to zero, after all, they have been sold several times in a row, which can only show that such old oil fields or old oil well groups really have no potential to be tapped. Investors, or speculators, are more concerned with the old fields and clusters of wells that have just been put up for auction.

Onshore oil fields in the United States are mainly located in the central and southwestern parts of the United States, as well as California and Alaska, such as Mississippi, Kansas, Texas, Louisiana, Arizona, New Mexico and other states, which are the main oil-rich regions.

However, in these states, such as Texas, are among the first states to develop oil fields, so there are many old oil fields and old oil wells. Most of the oil fields here have been developed for more than 100 years, so there is basically no potential left to be tapped.

The other states are slightly better off than Texas, with at least more potential than Texas' oil fields. As a result, at the auction, the Texas oil fields were almost uninterested, and even if the prices were extremely low, they still did not attract the attention of speculators, who focused their attention and money on old oil fields and clusters of wells in places such as Mississippi and Kansas.

A group of 21 old wells like the Jones Ranch, although four of them are still working, can be advertised for a measly $12,000, and most importantly, even at this price, no one cares.

You must know that the information of this kind of old oil wells on auction is open to the whole United States, that is to say, as long as you are interested in investing in old oil wells, then the most detailed information of these oil wells will be clear at a glance, including how many auctions these old oil wells have participated in and how many times they have been auctioned

In the face of such a low-priced but still unpopular old oil well, Tang Feng paid a price of $12,000, and easily got the ownership of the 21 old oil wells in Jones Ranch.

In other words, from today onwards, Tang Feng owns the ownership of these twenty-one old oil wells and their affiliated oil pipelines, and they are recognized by US law!