After receiving David's confirmation and assurance, Donald and Obadiah had already believed seven or eight points, and at the same time, a wave of anger rose from their hearts.

Your Swiss bank has made a lot of money in the United States by relying on the banking industry and various derivatives, but now it is good, and you still dare to deduct the share of my country's tax bureau?

It just doesn't make sense!

Have you taken my country's tax bureau into account?

"Okay, David, we will immediately seal down all the branches of the Swiss Bank in our country and bring all the relevant personnel back according to your request, but the follow-up work will need you to handle it."

Before Donald could speak first, Obadiah spoke first.

"Director, as long as you seal up all their branches and personnel, I will handle the rest."

……

"That's right, illegal lending is a matter of the governor's personal reasons, and we are only responsible for some secondary responsibilities at most, and the IRS wants to rely on this to rectify our reasons, which is not enough!"

After all, what bank doesn't have a few such loans?

Unlike other high-level executives who are in a state of anger, Jetz, the president of the group, does not have any angry posture at the moment, but his face is constantly tossing and turning.

For a time, the IRS was on the cusp of a huge storm.

And these assets, among which the rich of the United States can be said to have contributed the lion's share.

"Alright, Mr. Crémont, I'll settle this matter as soon as possible."

David did want to retaliate against the Swiss bank, but according to his current statement about the two major products, the Swiss bank was indeed using these two products to infringe on their American interests, which is reasonable and necessary to intervene.

Hanging up, Wilder called his assistant over and told him to immediately inform Obadiah to come.

In the past, he always thought that the United States, as the only superpower in the world, had always been the only one who could cut the leeks of other countries.

"What is the situation of the General Administration of the Internal Revenue Bureau, how dare you cooperate so much with David to seal all the branches of the Swiss National Bank in the country, and take away so many senior executives of the regional branches, are you not afraid that the Swiss bank will launch a diplomatic protest?"

"I'll go!"

Hearing that it was the president, Jets didn't dare to slack off, and quickly stood up and walked out.

Wilder's continued accusations did not make Donald Obadia's faces change in any way.

Candreva replied stiffly.

Now on the surface, it seems that David wants to rectify UBS on the grounds of the branch manager's illegal lending.

Although he still doesn't understand it, tax issues are not his specialty, and since David said so and the IRS executives think so, it really won't be too many problems.

And now the ins and outs of this matter are already obvious.

People in Switzerland and Swiss Bank, it's strange if you're not in a hurry!

First of all, Switzerland really has too many assets at its disposal.

The Los Angeles IRS, David, who hung up the phone, immediately went into a busy state.

"According to what David told us, first of all, the operation method of CUUI is mainly to take advantage of the tax difference between domestic investors and foreign investors to achieve tax avoidance, foreign investors are taxed more heavily on dividends, but they can sell their shares to relevant banks for a short time, evade the relevant taxes, and then re-acquire them, and the amount saved will be shared by all parties."

Jets can be the president of UBS, and his brain is naturally not comparable to ordinary people.

"This is not Mr. Wilder, according to Director David, if this matter is publicized now, then the Swiss bank will definitely try its best to cover it up and collude with the people involved in it, so he thinks that it is only suitable to publicize it after mastering the relevant personnel and evidence!"

Seeing Candreva's expression, Jets frowned instantly, and immediately asked: "It's all at this time, what else is there to swallow and spit out, what kind of fart should be released quickly!" ”

Donald told them the details of what David had explained to them.

And he didn't scare Wilder with this, UBS currently controls 26% of the world's cross-border assets, and if there is any volatility, a series of chain reactions may indeed trigger a financial crisis.

If he doesn't give face to Switzerland, it is tantamount to not giving face to the rich people who put their money in the Swiss bank.

But the Swiss country is a bit of a trick.

"Mr. Wilder, you are the chief of staff of the president, and you still can't manage an IRS?"

As Chief of Staff, his job is to assist the President in all major matters of the country's affairs.

Wilder was able to relax from his previous tension.

It stands to reason that no one would dare to give him such a faceless thing.

"Wait...... It's just illegal lending, and the president is responsible for this matter, so let's let the lawyer talk to the president and let him take care of everything, so that it won't have much impact on our UBS as a whole! ”

Then Donald replied with a calm face: "Mr. Wilder, listen to me first, this is the case, after our Director David's investigation......"

An unprecedented seizure of Swiss banks began, which once again ignited the discussion in the world's major media and online.

Not to mention the people of America at the moment.

However, after thinking for a while, he asked suspiciously: "Deputy Director Donald, according to what you said, the two major products of CUUI and CUUO should be reasonable and legal, how can they be defined as tax evasion?" ”

So far, where does Candreva dare to pat his chest and assure, he has become hesitant.

In the protest announcement, the IRS severely criticized such unruly law enforcement, and even used language such as undermining relations between the two countries.

"No, I think that David dared to seal our branches across the country, there must be more than that, he must have mastered an important weight, and I must have carefully thought about what else went wrong!"

That does sound a bit infuriating.

"That's the case, Mr. President, through personal file and other investigations, I found out that our branch manager in Los Angeles has had several illegal lending behaviors, could it be that there is something wrong here?"

"The IRS is crazy, this is to completely anger the Swiss banks, maybe the presidents of the two countries will have to negotiate in person!"

But now that David has made it clear that he wants to rectify them, and if he must make a fuss from here, it will more or less be regarded as an excuse.

And if you want to seal up branches across the country, it is not convincing enough!

Therefore, this is exactly where the confidence of the current Swiss president lies, and it is also the reason why he is so embarrassed by the chief of staff of the White House.

"This is indeed not a violation of the tax law, but it is also a loophole in the tax law, as long as you find out who can prove the party who can prove the property rights of the stock, and some relevant information, with the profit clause of the current black tax bill, it can be defined as tax evasion"

"In this way, then you quickly send a notice about the two major products, and suppress public opinion first!"

But he knew very well that he would only be able to do so for the Los Angeles branch.

But I didn't expect that when I heard it now, someone would dare to cut their leeks?

Illegal lending is not a big deal at all if it were a normal thing.

"If this is the case, then the Swiss banks are indeed harming our interests in the United States, and the closure of all their branches is a little too radical, but it is understandable......"

"Damn, why, why would the IRS dare to do this!"

Just when everyone was still in their thoughts, a staff member of UBS Group walked in to remind them.

"Oh buy karma, the IRS has not only attacked the Los Angeles branch of UBS, but now it has attacked all branches in the country, it is unbelievable!"

At the same time, the order of the Washington State Administration was also quickly transmitted to the IRS branches in various cities across the country.

"Mr. Jets, there's a call from the president, asking you to report on the situation!"

David is not a fool, and the IRS executives are not fools.

Hearing this, Jets and the executives suddenly turned their faces down.

The United States is the world's only superpower, and as chief of staff to the president, he is one of the most powerful people on the planet.

"Yes, these two major products because of the loopholes in the tax law, so the rate of return is much higher than many bank products, and after the Swiss banks attract our people's funds, the return on investment is continuously transmitted back to their home countries, which is sucking our blood, so I will just say that David is saving our interests from loss!"

"That's right, if you make a fuss about us, or even close all our branches in the United States, on this issue, it is obviously making a big fuss!"

"With such a draft of the national tax, we will lose a lot, and we will not only have to protest to them, but also claim a huge amount of compensation from them!"

Even people in the rest of the world are surprised by the IRS's outrageous approach.

"What the hell is protecting us from losses in the United States, that's the Swiss bank, do you know what the Swiss president called me just now? If things continue to develop, the financial crisis may be set off, and then how much relief and unemployment benefits will your IRS pay if you have money? ”

Where could Donald tolerate Wilder's accusation of Davy like this, and immediately stood up to defend himself.

"Hmmm......"

CUUI and CUUO are so extensive that it is necessary to find the core personnel for the customer's operation, which is a huge workload.

The head of the legal department immediately proposed.

Wilder had eaten a lot of anger on the side of the Swiss president before, and of course it had to be used to vent on these two people at this moment.

"I can't say that, our status in the IRS is a bit special, not comparable to the tax bureaus of other countries, so Mr. Cremont, I'll ask the IRS commissioner to come over right away and talk to him about what the hell is going on!"

Not to mention whether Ruiguo Bank has violated the law, just closing all branches for investigation will not only make Swiss banks face huge losses, but also the stock price will have a big evaporation dive.

Hearing Donald explain in detail again, Wilder could no longer say the words of accusation.

He also can't guarantee whether David's confidence comes from this level.

An hour later, under the spotlight of countless eyes around the world, the Swiss official officially lodged a solemn protest to the American official.

After the person in charge of the legal department woke up, the rest of the high-level brain circuits also turned around in an instant.

CUUO, on the other hand, is a strategic product for stock trading, which refers to the simultaneous sale and re-acquisition of shares on the day of dividend distribution, because the transaction time is very short, and the tax authorities cannot determine who is the owner of the stock. As a result, both the buyer and the seller can get a capital gains tax refund. ”

"Mr. Wilder, David is not ignorant, he is protecting the interests of our America from loss!"

White House Chief of Staff Wilder was none other than the current president of Switzerland.

The White House, the office of the President's Chief of Staff.

The IRS wasn't very far from the White House, but it was only twenty minutes before Obadiah and Donald arrived in the chief of staff's office.

They should know what the consequences will be, but why would they dare to do so?

There must be some confidence!

That's why he dared to protest so hard in front of Wilder!

Hearing this, Wilder felt a sense of grievance in his heart at this time.

"Mr. Cremont, you also know that we have always had a hard time interfering in IRS matters, and this matter is really not an order from our White House."

After a few minutes, after listening to the details of the two major products of CUUI and CUUO, Wilder pondered for a moment, and then asked thoughtfully: "You mean that Swiss banks use these two products to attract deposits from our domestic people, so as to obtain a lot of profits?" ”

"Obadiah, Donald, what the hell are you doing, Davy is impulsive, why do you want to follow such recklessness to order the closure of all Swiss bank branches?!"

"Is it like this, well...... then"

Hearing Jets's words, the rest of the executives at this time also seemed to come back to their senses, and their faces fell into a tossing and turning.

Thinking of this, he immediately stood up and looked at Candreva, who was in charge of taxation, and asked in a deep voice: "Candreva, you have already called the branch manager over there to ask, is there no problem?" ”

Now it's good that not only the Los Angeles branch has been sealed, but the entire American branch has been sealed, which can be said to have on their heads.

"Mr. Wilder, you'd better get our Swiss banks back up and running quickly, or if this continues, it may lead to a new round of financial crisis, and then you America will also suffer."

"Damn the IRS, damn David, this is blatant retaliation for our uncooperation in the transfer of the Zuckler family's property, and we must make a stern protest to let them know that our Swiss bank is not what their IRS wants to handle!"

If you don't know what, the next thing will rise to the diplomatic conflict between the two countries!

In fact, as everyone guessed, at this time, in the headquarters of UBS Group, all the high-level executives were about to explode their lungs.

I believe David and the top brass of the IRS are well aware of this.

Originally, when they heard that David had sealed the Los Angeles branch and taken away the president and other relevant personnel, these high-level executives were already angry.

When their Swiss bank is their American company, they can't handle it as much as they want?

What kind of country is the United States?

Capitalist countries.

"That's right, I agree with that!"

Wilder frowned, and after half a ring, he nodded in agreement, and said, "Anyway, let's get it done quickly, the diplomatic pressure on the Swiss side is also very high." ”

"Understood, Mr. Wilder."

(End of chapter)