American Fortune Life

The video conference ended in an atmosphere of joy among the subordinates. After all, it was related to the generous year-end bonus. After a busy year, it was finally possible to have a good and rich Christmas.

The key is that the big boss is generous enough. Of course, Andy is not really that generous. However, unless he wants the US National Security Administration to take advantage of him, then it is better to use the tax money that should have been paid to buy his subordinates. loyalty.

Reasonable and legal tax avoidance is a means of business operation, and it is also a postgraduate entrance examination for a company's accountants.

In fact, Andy has done a decent job in tax avoidance. At least after reasonable tax avoidance and all kinds of book liabilities are evenly distributed, he will still pay a part of the tax.

Although he can legally do not have to pay a penny, but, after all, the people's eyes are discerning, and in addition to his reputation, if he really does not pay a penny of tax, it will really become a His biggest moral black spot.

When it comes to tax avoidance, Andy has to admire Starbucks from the bottom of his heart. The scale and methods of tax avoidance are so brutal that they are insane.

Since Starbucks opened in the UK in 1998, Starbucks has opened more than 700 stores in the UK. Its financial personnel have used legal tax avoidance strategies to make it have sales revenue of more than two billion pounds but only paid more than 4 million pounds. Income tax is paid to the UK Revenue Department.

That's it, Starbucks also complained that the British tax authorities do not allow deductions, but compared with the 30% tax rate of the British statutory corporate income tax, it can be said that Starbucks' taxes and fees can hardly be lower.

In the words of Olin Smith, it means, "The financial reports in the UK have always been loss-making, and there is no need to pay income tax. In order to gain the trust of investors, we only need to declare in the US that our business in the UK is profitable and tell investors Those who sell can grow.

Although it is contradictory to the financial report in the UK, there is no evidence to prove that we have violated the relevant laws in the UK. It is completely reasonable and legal. We have always been a well-behaved and good taxpayer. . . "

It's so grandiose, plausible, and shameless, so I'll ask you if you agree with it!

Andy, who was feeling emotional, was pulled back to reality by the video window that suddenly lit up on the computer monitor, and the image of Alvetrie appeared in the video window alone.

"Tell me, what happened?"

Andy frowned slightly looking at Alvetrie in the video connection, and frowned slightly. Since Al wanted to report to himself alone, I believe it would not be a good thing.

Sure enough, it was just as Andy guessed, and it was really a damn thing.

"Boss, I just received news that the Associated Press is preparing to report a special topic on investigating the funds and expenditures of the financial industry. They visited a bank that received more than $1 billion in government aid and asked 4 questions. How much? Where to spend? How much is left? How to spend the rest? As a result, no bank has given a clear answer.

It also includes the boss's Yingtai Bank. "

"What's going on? Didn't I say that the basic accounts and flow of the aid funds should be recorded in detail?"

Andy frowned. He knew very well that after the financial turmoil, the U.S. Congress would set up an investigation committee on the subprime mortgage crisis. Detailed information and evidence have been left behind.

You know, since the government issued a $700 billion rescue order for the financial industry, many people want to know where and how taxpayers' money is used by the recipient banks.

"The problem is that we haven't used the money, and it's been used as the reserve fund of Yingtai Bank..." Alvetrie's mouth curled up slightly, but he looked like he couldn't laugh or cry.

"Ahem... Well, there is really no way to announce this to the public." Andy also smiled awkwardly.

You know, the U.S. government launched a $700 billion financial rescue plan,

It is hoped that the government will inject funds into banks through methods such as purchasing stocks to stimulate bank lending and increase market liquidity.

For this reason, Congress even summoned the executives of major banks to Capitol Hill, expressing the hope that these banks will actively borrow money instead of keeping the money in their hands, or using it for M\u0026A transactions or even giving benefits to executives.

But for now, the major banks seem to be indifferent. The Ministry of Finance, which is responsible for appropriating money, has never asked about the flow of funds.

"What is the meaning of the Ministry of Finance?" Andy asked with a slight frown. In fact, there is no way to do it. The wave of bank failures has never stopped, and no one dares to lend out the funds in their hands easily. Not to mention raising the threshold for borrowing, but also clinging to cash to survive the cold winter, no one wants to fall into the darkness before dawn and be divided up by other forces that survived.

"Paulson said that they will monitor the use of funds. I got a call this morning from Stephen Nuby, who got a call from Elizabeth Warren, who is on the financial aid program monitoring team, and Intime Bank must be in the required time. Explain the use of funds."

"Hehe, what did I say, these guys really mean to turn their backs when they say they want to turn their backs. Give them what they want, and don't even think about getting the money back. I'm going to use this money to annex those small and medium-sized banks that have failed. Taixun quickly extended its tentacles to the whole United States."

Andy sneered again and again. To put it bluntly, this is Washington's containment of Paulson, the outgoing Treasury Secretary's bailout plan. You know, Paulson still holds 360 billion dollars in the bailout funds of 700 billion U.S. dollars. There are too many people staring at the dollar, this piece of fat.

Bipartisan, Congress, President-elect O'Hai Niu, new cabinet, succeeding Minister of Finance. . . Hehe, why is Paulson desperately lowering his sense of existence and not using the money in his hands? It is because he knows that as long as he dares to spend money recklessly, he will not be clean in the first place. He will face the attacks of all forces, and the so-called immunity may not protect him completely by then!

However, this guy Paulson should be content. In one year, he spent 340 billion US dollars, and he has completely reached the point where he will die if he has enough addiction!

As for how much he made, no one knows, and no one can explain clearly. With the right of immunity, who can explain the messy bailout funds accounts!

As a vested interest, even Andy doesn't want Paulson to have problems. If someone wants to turn over old scores and make troubles, he has to stand in the same camp as Paulson and find a way to cut off the trouble. paws!

A subprime mortgage crisis, the vested interest groups tied together, including MG Chase, Mellon, Citigroup and other chaebols and dozens of banks and investment banks, will only come to stab this hornet's nest unless someone wants to die!

"With the outbreak of the financial crisis and its lag period, a large-scale collapse of the U.S. banking industry began to emerge, and according to data analysis, it is expected to reach the highest CH from the third quarter of 2009 to the third quarter of 2010.

Since November last year, most of the 202 banks that have failed in this financial crisis are small and medium-sized banks with an asset size of less than US$1 billion, accounting for 81.84% of the total number of failed banks, of which 40 banks with an asset size of less than US$100 million accounted for the total number of bankruptcies. On the contrary, there are only 10 large banks with assets of more than US$10 billion, accounting for 4.98%, and 6 of them have been rescued by the government. "

Alvetrie quickly read the content of the document to Andy.

"What does the FDIC (deposit insurance company) mean?" Andy is most concerned about this company that has the decision-making power over these bankrupt banks. If you want to take advantage of it and collect the junk, you can't get around the FDIC.

"Acquisition and undertaking are the main ways for the FDIC to deal with these small and medium-sized problem banks. However, the two methods of operating rescue and repaying depositors are probably not enough for these small and medium-sized banks." Alvitre said truthfully.

"Hehe, that's good, let's play a game of big fish eating small fish, and let their flesh and blood nourish the growth of our Yingtai Bank!" Andy smiled happily, he likes this kind of winning I prefer the feeling of success step by step and the sense of accomplishment of reaching the peak. 8) For more exciting novels, welcome to visit our Reading Academy