Chapter 1421: 1421
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The video conference ended in a cheery atmosphere. After all, it was about the rich year-end bonus. After a busy year, we could finally have a rich Christmas.
The key is that the big boss is generous enough. Of course, Andy is not so generous. However, unless he wants the U.S. Shui bureau to take advantage of himself, it's better to use the money that should have been taxed to buy the loyalty of his staff.
Reasonable and legal tax avoidance is not only a means of business operation, but also an examination and Research on the accountants of an enterprise.
In fact, Andy did a decent job in tax avoidance. At least after reasonable tax avoidance, he would pay part of the tax if all the book liabilities were shared equally.
Although he can do without paying any legal money, after all, the eyes of the people are bright. In addition to his reputation, if he does not pay any taxes, it will really become his biggest moral black spot.
When it comes to tax evasion, Andy has to admire Starbucks. The scale and means of tax evasion are so ferocious that he is in a state of insanity.
Since its opening in the UK in 1998, Starbucks has opened more than 700 stores in the UK. Its financial staff use legal tax avoidance strategies, making it have more than two billion pounds of sales revenue but only pay more than 4 million pounds of income tax to the UK tax department.
In this way, Starbucks also complained that the British tax authorities did not allow the deduction, but compared with the 30% tax rate of the UK's statutory corporate income tax, it can be said that Starbucks almost can't lower the tax.
In the words of olinsmith, "the financial report in the UK has always been a loss, and there is no need to pay income tax. In order to gain the trust of investors, we just need to declare that our business in the UK is profitable in the US and tell investors that the sales are growing.".
Although it contradicts the financial report in the UK, there is no evidence to prove that we have violated the relevant laws in the UK, which is completely reasonable and legal. We have always been well behaved and good taxpayers... "
It's so dignified, eloquent and shameless. I'll ask you if you accept it!
Andy, who is lamenting, is pulled back to reality by the video window that suddenly lights up on the computer monitor. The image of alvert column appears in the video window alone.
"Come on, what's the matter?"
Andy frowns slightly at alvette in the video link, frowns slightly. Since al wants to report to himself alone, I believe it will not be a good thing.
Sure enough, as Andy guessed, it's quite a thing.
"Boss, I just received the news that the associated press is preparing to report a special topic about investigating the financial industry's capital and expenditure. They visited 21 banks that received more than $1 billion of government aid and asked four questions. How much has been spent? Where are the flowers? How many are left? How to spend the rest? As a result, none of the banks gave a clear answer.
It also includes the boss's Yingtai bank. "
"What's the matter? Didn't I say that we should keep a detailed record of the basic accounts and flows of the aid funds? "
Andy frowned. He knew very well that the US Congress would set up a subprime mortgage crisis investigation committee after the financial storm, which means to settle accounts after autumn. So he took precautions early, leaving detailed information and evidence for almost all the content of dealing with the Treasury and the Federal Reserve.
You know, since the government issued a $700 billion rescue bill to the financial industry, many people want to know where and how to use the taxpayer's money.
"The problem is that we didn't use the money, we have been using it as the reserve of the Bank of Yingtai Alvette's mouth was slightly cocked, but he was in a state of crying and laughing.
"Cough... Well, there's really no way to make it public. " Andy smiled awkwardly, too.
It is important to know that the US government's US $700 billion financial rescue plan aims to inject funds into banks through government stock purchase and other means, so as to stimulate bank lending and increase market flows.
To this end, Congress even called the executives of major banks to Capitol Hill, hoping that these banks would actively borrow, rather than put the money in their hands, or take it to carry out M & A transactions or even give them benefits.
But for now, the big banks seem to be indifferent. The Ministry of finance, which is responsible for the allocation of funds, has never asked about the flow of funds.
"What does the Treasury mean?" Andy frowned a little and asked, in fact, it's impossible. The bank collapse never stopped, and no one dare to easily lend out the funds in his hand. One by one, he raised the lending threshold, not to mention that he would die in the cold winter with cash. No one wants to fall in the dark before dawn, and be divided by other surviving forces.
"Paulson said they would monitor the use of funds. This morning I received a call from Stephen Nubi, who received a call from Elisabeth Warren, a member of the financial assistance program monitoring group, and Yingtai bank must give an explanation on the use of the funds within the required time. ""Ha ha, what do I say? These guys really mean to turn their face. They want to give it to them, and don't want to go back. I want to use the money to annex those small and medium-sized banks that have failed, and let Yingtai information quickly extend its tentacles to the United States."
Andy sneers and says frankly, this is Washington's containment of Paulson, the outgoing Treasury Secretary's rescue plan. You know, Paulson still has 360 billion dollars of the 700 billion dollar rescue fund. There are too many people staring at this fat meat.
Two parties, Congress, President elect Obama Heiniu, new cabinet, succeeding finance minister... Hehe, why does Paulson now desperately reduce his sense of existence, holding the money in his hand and not using it? That's because he knows that as long as he dares to spend recklessly, he is not clean at all. He will face the attack of all forces. The so-called immunity may not be able to bolt him down at that time!
However, Paulson should also be satisfied. In one year, he spent 340 billion dollars, which was completely addicted to death!
As for how much he made, no one knows, no one can say clearly, who can say clearly that he has immunity and a mess of the account of the rescue fund!
As a vested interest, Andy doesn't want Paulson to have a problem. If someone wants to turn over the old account and do something, he has to stand in the same camp with Paulson and try to cut off his claws!
A subprime crisis, tied together with vested interest groups, including mg chase, Mellon, Citigroup and dozens of banks and investment banks, unless someone wants to die, will come to poke the hornet's nest!
"Due to the impact of the financial crisis and its lag period, the large-scale collapse trend of the U.S. banking industry began to appear. According to the 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 failed in the financial crisis were small and medium-sized banks with assets of less than US $1 billion, accounting for 81.84% of the total number of failed banks, of which 40 had assets of less than US $100 million, accounting for 19.90% of the total number of failed banks; on the contrary, only 10 large banks with assets of more than US $10 billion, accounting for 4.98%, and 6 were rescued by the government 。”
Alvette quickly read a document to Andy.
"What does FDIC mean?" Andy is most concerned about the company that has the decision-making power over these failed banks. If he wants to take advantage of them, FDIC will never get around them.
"Acquisition and undertaking are the main ways for FDIC to deal with these small and medium-sized problem banks, and the two ways of operating rescue and paying depositors are not qualified enough, I'm afraid." Alverterie was honest.
"Ha ha, that's good. Let's play a game of big fish eating small fish. Let their flesh and blood nourish the growth of Yingtai bank!" Andy laughs happily and satisfiedly, he likes the feeling of winning, more like the sense of success step by step, to the top.
Please report us if you find any errors so we can fix it asap!
The video conference ended in a cheery atmosphere. After all, it was about the rich year-end bonus. After a busy year, we could finally have a rich Christmas.
The key is that the big boss is generous enough. Of course, Andy is not so generous. However, unless he wants the U.S. Shui bureau to take advantage of himself, it's better to use the money that should have been taxed to buy the loyalty of his staff.
Reasonable and legal tax avoidance is not only a means of business operation, but also an examination and Research on the accountants of an enterprise.
In fact, Andy did a decent job in tax avoidance. At least after reasonable tax avoidance, he would pay part of the tax if all the book liabilities were shared equally.
Although he can do without paying any legal money, after all, the eyes of the people are bright. In addition to his reputation, if he does not pay any taxes, it will really become his biggest moral black spot.
When it comes to tax evasion, Andy has to admire Starbucks. The scale and means of tax evasion are so ferocious that he is in a state of insanity.
Since its opening in the UK in 1998, Starbucks has opened more than 700 stores in the UK. Its financial staff use legal tax avoidance strategies, making it have more than two billion pounds of sales revenue but only pay more than 4 million pounds of income tax to the UK tax department.
In this way, Starbucks also complained that the British tax authorities did not allow the deduction, but compared with the 30% tax rate of the UK's statutory corporate income tax, it can be said that Starbucks almost can't lower the tax.
In the words of olinsmith, "the financial report in the UK has always been a loss, and there is no need to pay income tax. In order to gain the trust of investors, we just need to declare that our business in the UK is profitable in the US and tell investors that the sales are growing.".
Although it contradicts the financial report in the UK, there is no evidence to prove that we have violated the relevant laws in the UK, which is completely reasonable and legal. We have always been well behaved and good taxpayers... "
It's so dignified, eloquent and shameless. I'll ask you if you accept it!
Andy, who is lamenting, is pulled back to reality by the video window that suddenly lights up on the computer monitor. The image of alvert column appears in the video window alone.
"Come on, what's the matter?"
Andy frowns slightly at alvette in the video link, frowns slightly. Since al wants to report to himself alone, I believe it will not be a good thing.
Sure enough, as Andy guessed, it's quite a thing.
"Boss, I just received the news that the associated press is preparing to report a special topic about investigating the financial industry's capital and expenditure. They visited 21 banks that received more than $1 billion of government aid and asked four questions. How much has been spent? Where are the flowers? How many are left? How to spend the rest? As a result, none of the banks gave a clear answer.
It also includes the boss's Yingtai bank. "
"What's the matter? Didn't I say that we should keep a detailed record of the basic accounts and flows of the aid funds? "
Andy frowned. He knew very well that the US Congress would set up a subprime mortgage crisis investigation committee after the financial storm, which means to settle accounts after autumn. So he took precautions early, leaving detailed information and evidence for almost all the content of dealing with the Treasury and the Federal Reserve.
You know, since the government issued a $700 billion rescue bill to the financial industry, many people want to know where and how to use the taxpayer's money.
"The problem is that we didn't use the money, we have been using it as the reserve of the Bank of Yingtai Alvette's mouth was slightly cocked, but he was in a state of crying and laughing.
"Cough... Well, there's really no way to make it public. " Andy smiled awkwardly, too.
It is important to know that the US government's US $700 billion financial rescue plan aims to inject funds into banks through government stock purchase and other means, so as to stimulate bank lending and increase market flows.
To this end, Congress even called the executives of major banks to Capitol Hill, hoping that these banks would actively borrow, rather than put the money in their hands, or take it to carry out M & A transactions or even give them benefits.
But for now, the big banks seem to be indifferent. The Ministry of finance, which is responsible for the allocation of funds, has never asked about the flow of funds.
"What does the Treasury mean?" Andy frowned a little and asked, in fact, it's impossible. The bank collapse never stopped, and no one dare to easily lend out the funds in his hand. One by one, he raised the lending threshold, not to mention that he would die in the cold winter with cash. No one wants to fall in the dark before dawn, and be divided by other surviving forces.
"Paulson said they would monitor the use of funds. This morning I received a call from Stephen Nubi, who received a call from Elisabeth Warren, a member of the financial assistance program monitoring group, and Yingtai bank must give an explanation on the use of the funds within the required time. ""Ha ha, what do I say? These guys really mean to turn their face. They want to give it to them, and don't want to go back. I want to use the money to annex those small and medium-sized banks that have failed, and let Yingtai information quickly extend its tentacles to the United States."
Andy sneers and says frankly, this is Washington's containment of Paulson, the outgoing Treasury Secretary's rescue plan. You know, Paulson still has 360 billion dollars of the 700 billion dollar rescue fund. There are too many people staring at this fat meat.
Two parties, Congress, President elect Obama Heiniu, new cabinet, succeeding finance minister... Hehe, why does Paulson now desperately reduce his sense of existence, holding the money in his hand and not using it? That's because he knows that as long as he dares to spend recklessly, he is not clean at all. He will face the attack of all forces. The so-called immunity may not be able to bolt him down at that time!
However, Paulson should also be satisfied. In one year, he spent 340 billion dollars, which was completely addicted to death!
As for how much he made, no one knows, no one can say clearly, who can say clearly that he has immunity and a mess of the account of the rescue fund!
As a vested interest, Andy doesn't want Paulson to have a problem. If someone wants to turn over the old account and do something, he has to stand in the same camp with Paulson and try to cut off his claws!
A subprime crisis, tied together with vested interest groups, including mg chase, Mellon, Citigroup and dozens of banks and investment banks, unless someone wants to die, will come to poke the hornet's nest!
"Due to the impact of the financial crisis and its lag period, the large-scale collapse trend of the U.S. banking industry began to appear. According to the 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 failed in the financial crisis were small and medium-sized banks with assets of less than US $1 billion, accounting for 81.84% of the total number of failed banks, of which 40 had assets of less than US $100 million, accounting for 19.90% of the total number of failed banks; on the contrary, only 10 large banks with assets of more than US $10 billion, accounting for 4.98%, and 6 were rescued by the government 。”
Alvette quickly read a document to Andy.
"What does FDIC mean?" Andy is most concerned about the company that has the decision-making power over these failed banks. If he wants to take advantage of them, FDIC will never get around them.
"Acquisition and undertaking are the main ways for FDIC to deal with these small and medium-sized problem banks, and the two ways of operating rescue and paying depositors are not qualified enough, I'm afraid." Alverterie was honest.
"Ha ha, that's good. Let's play a game of big fish eating small fish. Let their flesh and blood nourish the growth of Yingtai bank!" Andy laughs happily and satisfiedly, he likes the feeling of winning, more like the sense of success step by step, to the top.
The video conference ended in a cheery atmosphere. After all, it was about the rich year-end bonus. After a busy year, we could finally have a rich Christmas. The key is that the big boss is generous enough. Of course, Andy is not so generous. However, unless he wants the U.S. Shui bureau to take advantage of himself, it's better to use the money that should have been taxed to buy the loyalty of his staff. Reasonable and legal tax avoidance is not only a means of business operation, but also an examination and Research on the accountants of an enterprise. In fact, Andy did a decent job in tax avoidance. At least after reasonable tax avoidance, he would pay part of the tax if all the book liabilities were shared equally. Although he can do without paying any legal money, after all, the eyes of the people are bright. In addition to his reputation, if he does not pay any taxes, it will really become his biggest moral black spot. When it comes to tax evasion, Andy has to admire Starbucks. The scale and means of tax evasion are so ferocious that he is in a state of insanity. Since its opening in the UK in 1998, Starbucks has opened more than 700 stores in the UK. Its financial staff use legal tax avoidance strategies, making it have more than two billion pounds of sales revenue but only pay more than 4 million pounds of income tax to the UK tax department. In this way, Starbucks also complained that the British tax authorities did not allow the deduction, but compared with the 30% tax rate of the UK's statutory corporate income tax, it can be said that Starbucks almost can't lower the tax. In the words of olinsmith, "the financial report in the UK has always been a loss, and there is no need to pay income tax. In order to gain the trust of investors, we just need to declare that our business in the UK is profitable in the US and tell investors that the sales are growing.". Although it contradicts the financial report in the UK, there is no evidence to prove that we have violated the relevant laws in the UK, which is completely reasonable and legal. We have always been well behaved and good taxpayers... " It's so dignified, eloquent and shameless. I'll ask you if you accept it! Andy, who is lamenting, is pulled back to reality by the video window that suddenly lights up on the computer monitor. The image of alvert column appears in the video window alone. "Come on, what's the matter?" Andy frowns slightly at alvette in the video link, frowns slightly. Since al wants to report to himself alone, I believe it will not be a good thing. Sure enough, as Andy guessed, it's quite a thing. "Boss, I just received the news that the associated press is preparing to report a special topic about investigating the financial industry's capital and expenditure. They visited 21 banks that received more than $1 billion of government aid and asked four questions. How much has been spent? Where are the flowers? How many are left? How to spend the rest? As a result, none of the banks gave a clear answer. It also includes the boss's Yingtai bank. " "What's the matter? Didn't I say that we should keep a detailed record of the basic accounts and flows of the aid funds? " Andy frowned. He knew very well that the US Congress would set up a subprime mortgage crisis investigation committee after the financial storm, which means to settle accounts after autumn. So he took precautions early, leaving detailed information and evidence for almost all the content of dealing with the Treasury and the Federal Reserve. You know, since the government issued a $700 billion rescue bill to the financial industry, many people want to know where and how to use the taxpayer's money. "The problem is that we didn't use the money, we have been using it as the reserve of the Bank of Yingtai Alvette's mouth was slightly cocked, but he was in a state of crying and laughing. "Cough... Well, there's really no way to make it public. " Andy smiled awkwardly, too. It is important to know that the US government's US $700 billion financial rescue plan aims to inject funds into banks through government stock purchase and other means, so as to stimulate bank lending and increase market flows. To this end, Congress even called the executives of major banks to Capitol Hill, hoping that these banks would actively borrow, rather than put the money in their hands, or take it to carry out M & A transactions or even give them benefits. But for now, the big banks seem to be indifferent. The Ministry of finance, which is responsible for the allocation of funds, has never asked about the flow of funds. "What does the Treasury mean?" Andy frowned a little and asked, in fact, it's impossible. The bank collapse never stopped, and no one dare to easily lend out the funds in his hand. One by one, he raised the lending threshold, not to mention that he would die in the cold winter with cash. No one wants to fall in the dark before dawn, and be divided by other surviving forces. "Paulson said they would monitor the use of funds. This morning I received a call from Stephen Nubi, who received a call from Elisabeth Warren, a member of the financial assistance program monitoring group, and Yingtai bank must give an explanation on the use of the funds within the required time. ""Ha ha, what do I say? These guys really mean to turn their face. They want to give it to them, and don't want to go back. I want to use the money to annex those small and medium-sized banks that have failed, and let Yingtai information quickly extend its tentacles to the United States." Andy sneers and says frankly, this is Washington's containment of Paulson, the outgoing Treasury Secretary's rescue plan. You know, Paulson still has 360 billion dollars of the 700 billion dollar rescue fund. There are too many people staring at this fat meat. Two parties, Congress, President elect Obama Heiniu, new cabinet, succeeding finance minister... Hehe, why does Paulson now desperately reduce his sense of existence, holding the money in his hand and not using it? That's because he knows that as long as he dares to spend recklessly, he is not clean at all. He will face the attack of all forces. The so-called immunity may not be able to bolt him down at that time! However, Paulson should also be satisfied. In one year, he spent 340 billion dollars, which was completely addicted to death! As for how much he made, no one knows, no one can say clearly, who can say clearly that he has immunity and a mess of the account of the rescue fund! As a vested interest, Andy doesn't want Paulson to have a problem. If someone wants to turn over the old account and do something, he has to stand in the same camp with Paulson and try to cut off his claws! A subprime crisis, tied together with vested interest groups, including mg chase, Mellon, Citigroup and dozens of banks and investment banks, unless someone wants to die, will come to poke the hornet's nest! "Due to the impact of the financial crisis and its lag period, the large-scale collapse trend of the U.S. banking industry began to appear. According to the 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 failed in the financial crisis were small and medium-sized banks with assets of less than US $1 billion, accounting for 81.84% of the total number of failed banks, of which 40 had assets of less than US $100 million, accounting for 19.90% of the total number of failed banks; on the contrary, only 10 large banks with assets of more than US $10 billion, accounting for 4.98%, and 6 were rescued by the government Alvette quickly read a document to Andy. "What does FDIC mean?" Andy is most concerned about the company that has the decision-making power over these failed banks. If he wants to take advantage of them, FDIC will never get around them. "Acquisition and undertaking are the main ways for FDIC to deal with these small and medium-sized problem banks, and the two ways of operating rescue and paying depositors are not qualified enough, I'm afraid." Alverterie was honest. "Ha ha, that's good. Let's play a game of big fish eating small fish. Let their flesh and blood nourish the growth of Yingtai bank!" Andy laughs happily and satisfiedly, he likes the feeling of winning, more like the sense of success step by step, to the top.
