Chapter 298: Huge Taxes

Ignoring this increasingly lively town, anyway, most of Lin Yi's daily life is spent in the manor, and the excitement of the outside world has not affected the manor much.

Since the Forbes rankings came out, there have been a lot of invitations handed over one after another, wanting to invite Lin Yi over, most of which are some charity galas and the like.

Lin Yi believes that these things are too troublesome, so they have not passed, but he still donated a lot of money to some charities, almost 100 million US dollars, all over the place, universities, charity and environmental protection and other institutions.

Don't think that this is Lin Yi's panic because he has too much money, because charity is a big thing in the United States, and almost all rich people will donate.

You must know that the world thinks that the best reflection of the essence of American culture is not Hollywood blockbusters, not McDonald's fast food, but a strong culture of donation.

Names of people can be found everywhere on the streets of the United States – roads, trees, buildings, and even benches on the side of the road where visitors rest, and people use these records to express their gratitude to their donors.

In New York or other large cities where wealth is concentrated, various charity fundraising dinners are held almost every day, and corporate executives and celebrities are an important part of the city's social nightlife. In the suburbs and rural areas, charity fundraisers are important occasions for community gatherings, where people can volunteer, don, or participate in a fun time with friends and family while building community.

Individual donations have always accounted for the vast majority of total private philanthropy in the United States and are one of the most important sources of funding for the nonprofit sector, far more than other private giving channels such as corporations or independent foundations. Giving is not exclusive to the rich, and data shows that more than 70 percent of U.S. households, whether poor or rich, regularly donate to public causes.

In the United States, if a rich person or a company does not donate money and do charity, then people will think that he is very picky, and finally affect their public image, and even affect their business, so rich people will generally donate, no matter how much or too little.

Of course, they don't donate just for a good name, capitalists are selfish and bold creatures, they don't dare to do anything for profit, so they don't donate for no reason.

The purpose of their donations is because donations can avoid taxes and can be deducted from 80% taxes in the United States, which means that if you donate $100, you can deduct $80 in taxes, and some donations even envy higher tax rates.

You know, the tax rate in the United States is very high, and all kinds of individual taxes, value-added tax on transactions, real estate taxes, state taxes, etc. are very cumbersome.

However, the ancestors said that where there is oppression, there is resistance, so these people take advantage of the loopholes in the law to carry out all kinds of tax avoidance, the law stipulates that tax evasion is not allowed, but tax avoidance is still possible, and among them, the first choice of these people is charity, after all, as long as they pay 20% of the money, they can get the full amount of charitable donations fame, so that they like it.

Of course, these people have discovered tax avoidance to the extreme, they come to run a lot of family charities, received by their own family members, and after donating the money, although the net worth is gone, they are in charge of the money, they can use the money to eat, drink and live, come to luxury cars, live in this mansion, and don't have to pay taxes, don't be too chic.

Among them, the best are those big families, such as Morgan, Rockefeller and other big families, which have their own family charities, which can help them hide family assets.

As for Lin Yi's donation of 100 million US dollars in batches, of course, it is also to avoid taxes, otherwise he would not have such a big sentiment to donate to charity in the United States, of course he is to avoid taxes.

You know, he has made a lot of money in the past year, those antiques don't have to pay, the stocks have not been sold, so he doesn't have to pay VAT, but there is also the VAT on the pasture, the use tax on the land, and the money he has earned for so long, plus the VAT on the futures market, he roughly calculated, basically has to pay more than a billion dollars in taxes.

Of course, this is the result of no tax avoidance, after Lin Yi donated, plus asked an accounting firm to calculate and avoid taxes, Lin Yi got half a carriage of tax bills, and the final outcome was that he had to pay 500 million US dollars, after seeing this figure, Lin Yi almost didn't spit out a mouthful of blood.

There are so many more after tax avoidance, you can imagine how much money he made this year.

Of course, there are so many direct tax avoidances for Lin Yi, and the fees of the accounting firm are also a lot, and this group of guys directly charged him more than 10 million US dollars, but Lin Yi still thinks that this price is very cheap.

Wait until April 15 to be the tax day in the United States.

When the time comes, there will be a lot of small money flying away.

On March 24, when the trucks were pressing, Lin Yi took a group of bodyguards and personally pressed the convoys to leave the manor and go to New York.

That's right, this is the gold artwork on the first floor of the treasure trove, and the two huge gold statues and golden scepters on the third floor, as well as a few luminite pearls.

Of course, shell jade and shark fossils are also inside, because Lin Yi wants to use these things to start the museum's first bomb.

And his various social accounts have also given publicity.

As for Professor Aino, who is obsessed with fossils, he has been scolded back by the president of Harvard University, of course, this time the old man left with a smile on his face, because this old man fulfilled his dream, which was to ride on a moa, and also sent out several papers, written about sharks, and now the old man is the first person in the world to study sharks.

Because

He is the only scientist who has studied the merman.

It was very calm along the way, there was no wave, how could there be so many things in reality like those robberies in the movie, not to mention, this time the bodyguards all brought those tools, if anyone wanted to come over, they would not have a good time, and Lin Yi didn't think that anyone could snatch things from his hands.

On the 25th, the team and the security guards came to New York, his museum building, and these security guards were selected to work in this museum.

"Sir, you are at last. At the entrance of the museum, Dawson was waiting there with a group of people, among them, the most conspicuous was the forty or fifty-year-old white man next to him, he really couldn't tell the specific age, because the age of the white man was difficult to see on his face, unless he used his ability, of course, they didn't have such a bad taste.

"I'll introduce you, this is Professor Edric, the curator of the museum I found for you. Dawson said, pointing to the white man beside him.