Blackstone Code

In recent years, more and more wealthy people have been doing charitable activities in the Commonwealth.

Especially after the fugitive nobles from Gefra came to the Federation and found that they needed to pay taxes for almost any transaction, they also started doing charity under the advice of their accountants.

If you donate one million yuan, you can directly offset the tax of one million yuan, and sometimes you can offset the tax of 1.1 million yuan.

If it is a special time period or donated to a special organization, this number can be further expanded.

It doesn't seem like it makes much sense.

Look, one million is donated here, one million is saved there, and the left hand is changed to the right hand. It seems like a superfluous move to the capitalists who are pursuing profit maximization.

But in fact, this account cannot be calculated like this.

Because the federal government also has a corporate income tax, it can also be called a corporate profit tax. This tax is calculated through a tax rate on the company's profits after deducting all costs and expenses.

A stepped tax rate model, the more you earn, the more you pay.

To put it more simply, the donated one million can be included in corporate expenses, so that the company can underreport one million when filing taxes.

At the same time, the tax exemption generated by this million may directly eliminate the need for a company to not only pay corporate income tax, but also other taxes!

This is also the reason why some companies will purchase properties on a large scale. As long as the profits of the company are reduced, the taxes paid will be reduced a lot.

But at the same time, the market value of the company always increases, because the value and added value of the purchased property itself are also included in the value of the company.

For example, a company with a net profit of 4 million a year and a corporate income tax of about 1 million. After directly donating 1 million, the net profit is reduced from 4 million to 3 million, and the corporate income tax that needs to be paid is only 7 million. One hundred and fifty thousand.

A one million charitable donation can be used to offset taxes, which can be fully deducted in certain states or under the influence of individual policies. Not only does the corporate income tax not have to be paid, but other taxes can also be reduced by 250,000.

This is equivalent to spending 1.25 million less on taxes!

In addition, you can also gain a very good reputation.

The people of the Federation are very concerned about reputation, and the name of a philanthropist can often help them reduce a lot of unnecessary troubles!

At least in court, the title of philanthropist is more trustworthy to the jury, making the jury favor capitalists with the title of philanthropist!

Moreover, even in areas with the heaviest tax rates like Bupen, one million can still be deducted from 800,000 in tax.

Not only corporate income tax, but personal income tax can also be deducted, which is why everyone is keen on doing charity.

It doesn't seem like a good deal, and some people at the bottom of society will even maliciously laugh at the hypocrisy of these philanthropists. In fact, only they themselves know why they donate money.

The amount of each donation for each person is also calculated in advance by the company or personal accountant. In which state, how much money is donated, and then in which tax area to file taxes can maximize the legal tax avoidance...

Lynch also often attends such charity evenings and donates millions to save more for himself.

During this period, a large number of disabled soldiers began to withdraw due to the temporary cessation of the war.

The federal military held a "Heroic Veterans" event and selected some representative soldiers to appear in front of the camera.

The military and the Department of Defense hope to use the disabled bodies of these people and their tenacious will to inform all federal people and everyone in the world.

Federalists have never been afraid of war!

Even in the face of sacrifice and death!

It is like this now and it will be like this in the future!

Therefore, "donating money to heroes" has become a mainstream charity activity nowadays.

Lynch was invited to participate in Joanna's charity donation event, and he personally donated 100,000 on his own behalf.

It's not that he was reluctant to part with any money. Except for the first time when he needed to pay a little more to express his support for Mr. Trueman, who was behind Joanna, and for the military, he no longer needed to do that.

In fact, not just him, everyone will become a lot more rational.

In the donation activities, the least person donated 5,000 yuan, and the most donated 350,000 yuan.

I heard that the person who donated 350,000 yuan was seeking help from Joanna, or rather from Mr. Trueman. He couldn't take Mr. Trueman's route and tried to solve the trouble he was encountering through lady politics. .

After the entire event, nearly 4 million in charitable donations were raised, and Joanna promised that the money would be used to help disabled soldiers.

In fact, no one believed what she said, probably not even herself.

If 800,000 out of 4 million can actually be used on people in need, it is already a very responsible act.

After all, her charitable foundation is a commercially operated foundation, which is completely different in nature from those private equity funds.

Lynch also noticed that among the donation groups, the noble ladies of Gefra accounted for about 40%, or 800,000 to 900,000.

Those who actively integrate into the federal social circle often have no intention of returning to Gefra.

So they are more willing to spend money!

From the beginning to the end, Lynch remained quiet throughout the whole process except for saying a few words when donating money.

He knew better than anyone else that Joanna was holding a bomb.

Federalists, no matter where they came from or what race they belong to before becoming Federalists, as long as they come to the Federation and settle here for a period of time, they will show a special trait!

hysteria!

The federal capitalists can do many excessive things to the bottom of society, but it doesn't matter, because exploitation and oppression are not unacceptable things.

But be sure not to touch their sensitive nerves, otherwise they will become hysterical.

Just because the Presidential Palace uses a high-end coffee machine, they can force the Presidential Palace to drink the worst coffee to show the integrity of the federal government!

Similarly, if someone uses charity to make money for themselves, it will also touch people's sensitive nerves.

In their understanding, these people at the bottom of society are all "part of the charity".

Using charitable donations is equivalent to using the money they can get when they need help!

They won't give up.

But Joanna doesn't quite understand this, or in other words, under the change of multiple identities and the stimulation of huge wealth, she has become another person.

In the center of July, Queen Feline and Xenia returned to Bupen. Because the war was about to end, Penteo's withdrawal from Gefra became one of the conditions for peace talks.

Once this armistice agreement is finally signed, it means that the exiled government of Gafra can return to Gafra.

So as the only successor to the current royal family, the emperor of Gefra, Queen Feline will naturally start preparing to establish a new government of Gefra.

More nobles began to gather here. This was related to their vital interests and whether they wanted to return to the country or completely stay in the Federation.

As the new Prince Gaevra and the only prince, Lynch naturally has to attend such an important political meeting.

Queen Feline, who had a great time in the western region, looked unhappy when she returned to Bupen.

She was lying on the sofa without any image. During this time in the Federation, she felt that she was truly alive.

No one would stare at her and not speak to her while she was eating, and interrupt her when she was speaking to ask her to pay attention to her etiquette.

No one requires her to sit in a few fixed postures when sitting. She can lie on the sofa or lie on the sofa.

No one would require him to use a knife and fork to eat steak. She could even grab it with her hands and eat it until her mouth was full of grease...

She can laugh wildly and cry happily without suppressing her emotions or restraining her soul!

A true joy!

But now, it seems it's all coming to an end.

"We will spend the whole day tomorrow with those people, probably talking about the government reconstruction work after returning..."

Xenia talked about her schedule, and Queen Feline looked numb.

While talking, Lin Qi walked in, and Queen Feilin suddenly started to do something, and sat down on the sofa again with some embarrassment.

After all, Lynch was her adoptive father, and she was worried that her lying on the sofa just now would make Lynch feel that she lacked the necessary upbringing.

Fortunately, Lynch didn't seem to notice.

"Is the West fun?" Lynch handed his belongings to the butler and walked to the sofa to sit down.

Queen Feilin suddenly smiled and nodded, and brought a photo album to Lin Qi to see.

In the photo album, Queen Feline is dressed like a cowboy and riding a horse, and there are also some photos of her participating in tourist activities.

As a queen, even if she doesn't spend money, people will follow her and take pictures.

Queen Feline sat next to Lynch and told him the story of each photo and what happened at the moment it was captured.

She smiled very naturally, and Xenia felt a little emotional. She had never smiled so simply and innocently before, even before Gefra fell.

At the end, Queen Feline felt a little regretful, "It would be great if I could wait there until autumn. They also have autumn activities, such as roping cattle and so on."

Traditional cowboy activities and rubber bullet "duel" are very popular festivals and activities, and a large number of people attend them every year.

In addition, in the past two years, international hot money has flowed in, a large number of wealthy foreigners have immigrated to the Federation, and the tourism industry in the Federation has also experienced unprecedented development.

Many traditional federal events have been transformed into festivals with regional characteristics according to different regional dates!

Someone has calculated that there are 365 days in a year, and more than 200 days are festivals!

Strengthening local characteristics has brought new developments to tourism in all regions.

Queen Feline likes cowboy culture very much. In her eyes, cowboys represent resistance to real society.

They are tough, free and never compromise!

It's just a pity that she will probably not be able to participate in the festival event she is most looking forward to...

Lynch touched her hair and said, "This matter may not be negotiable."