Chapter 146 Don’t pay taxes to the US government!

In fact, not only Sony is taking action, many businessmen are ready to take action.

Even some record chain giants, such as HMV and Taoer Record Chain, have chosen to enter the movie and video tape market.

Netflix will face many competitors, and it may not be easy to become an industry giant.

By mid-December, it was clear that Netflix was feeling pressure from other competitors.

…

This night, the moon was bright, the stars were sparse, there was no wind, and the villa was particularly quiet.

Li Zetian was sitting on a red couch in the living room watching TV with Yu Jingqiu. Suddenly he thought of something and said, "Oh, I actually forgot one thing!!!"

"Dear, what's wrong with you?" Yu Jingqiu blinked her big eyes and asked Li Zetian.

“It’s already December!”

"December?" Yu Jingqiu asked confused, "What happened in December?"

Li Zetian smiled, put his arms around Yu Jingqiu, and said, "After December, we, husband and wife, and the company have to file taxes. This year, we have made a lot of money. If we file taxes, it will be a huge sum." It’s not a small amount!”

"Well, yes, just for our husband and wife to file taxes, we must have at least hundreds of millions of dollars..."

Li Zetian smiled bitterly and said: "Yes, very much! Taxes in the United States are very high. The more money you make, the higher the tax rate. In our case, the tax rate directly reaches the highest marginal tax rate of personal income tax - 50%." He paused. After a pause, he shook his head and said, "I don't want to pay so much tax to the US government!!!"

"Well, instead of paying taxes to the US government, why not use the money for charity, or set up a trust company and put the money into the trust company, so that you can pay less or even no tax!" Yu Jingqiu thought. Think, say.

"Yes, this is what I am thinking about!" Li Zetian nodded and said, "Didn't we already establish the L.Y Foundation before? We will donate the money to the L.Y Foundation, and then do charity and engage in public welfare! "('Li Zetian and Yu Jingqiu Charitable Foundation' takes the initials of their names, abbreviated as L.Y Foundation)

"Husband, what are you going to do?"

Li Zetian thought for a moment and said, "I want to spend my money mainly on education! It is better to teach people to fish than to teach them to fish. Only by receiving education will it be easier to find a job!"

Yu Jingqiu nodded and smiled: "I strongly agree with this!"

"Then we will recruit employees for the L.Y Foundation tomorrow and build schools around the world! In addition," Li Zetian paused for a while, then said, "I also want to build an orphanage..."

After saying this, thousands of thoughts suddenly came to Li Zetian's mind. He suddenly remembered his life as an orphan in his previous life. Those scenes seemed to have happened yesterday.

"I hope to provide a warm harbor for those young and helpless orphans," Li Zetian's voice was choked with tears.

Yu Jingqiu was very surprised. She didn't expect that Li Zetian had such deep feelings for the orphan. At this moment, he seemed to have changed. He was like a trembling orphan hiding in the corner. He was so pitiful and weak and in need of help. of care. At this time, Yu Jingqiu couldn't help but hugged Li Zetian, face to face, and said extremely tenderly: "Dear, I listen to you, we are going to build orphanages, and we are going to build many orphanages around the world, and then provide for those orphans. They go to school and study until they grow up and become useful talents in society!"

Li Zetian nodded and leaned into Yu Jingqiu's warm arms...

The next day, Li Zetian regained his former energy and energy, and he decided to have a big fight. Invest in the establishment of orphanages around the world, and then build schools specifically for these orphans to attend school. When the orphans grow up and become talents, they will definitely repay themselves and use them for their own use!

Money to the US government? There are no doors! ! !

Therefore, in the next period of time, Li Zetian and Yu Jingqiu have been busy improving the L.Y Foundation and recruiting more talents to join. Yu Jingqiu serves as the chairman of the foundation and is responsible for the entire operation of the foundation.

Li Zetian and Yu Jingqiu decided to donate part of their personal assets to the L.Y Foundation. At the same time, Li Zetian also plans to have all the profitable companies under his name donate to the L.Y Foundation, thereby achieving the dual purposes of tax reduction and charity.

This year, Li Zetian really made a lot of money.

When the annual financial statements came out, he was a little surprised.

Let’s talk about Apple first. This year, due to the release of Walkman, Apple’s revenue increased significantly, and its revenue exceeded 1 billion US dollars.

Microsoft's performance also increased significantly, with revenue exceeding US$300 million.

Sunbird's Game-Watch, home game consoles, and arcade machines are selling like hotcakes, with annual revenue of up to $650 million.

Due to the popularity of "Star Wars", box office and peripheral products, Star Wars Film Company earned US$450 million this year.

Although Netflix was founded not long ago, its revenue has exceeded US$360 million.

Panda Express has expanded to 50 stores this year, with revenue exceeding US$400 million. However, profits in the fast food industry are slightly lower, but cash flow is large.

Li Zetian invested in Berkshire Hathaway, and the stock value increased by US$60 million.

These are the main income, and the rest are companies that are not very profitable yet, such as Intel (Processor) Company, Seagate Company, Jingqiu Fashion Investment Company, China Martial Arts School, etc. In the Chinese Martial Arts School, Li Zetian invested US$10 million, holding 49% of the shares, and Bruce Lee held 51% of the shares. Currently, a total of 10 martial arts schools have been opened.

Of course, Li Zetian's main focus will still be on the computer, software and game industries. Other industries are just investments and not much management at ordinary times. A little memory of his past life at critical moments is enough to make these companies take off. For example, if you invest in movies, as long as you know which movies make money, there is no harm in investing. In fact, the technology industry is inseparable from the entertainment industry. For example, CDs, DVDs, computers, the Internet, smartphones, etc. are all related to the entertainment industry. How much resistance Apple encountered when it launched the Walkman shows what will happen if it ignores the entertainment industry!

In dividends at the end of this year, Li Zetian and Yu Jingqiu received a total of 300 million U.S. dollars. The couple donated 100 million U.S. dollars to the L.Y Foundation, and the other 200 million U.S. dollars were used to repay bank loans, buy villas and other expenses, and the remaining Next $65 million.

The L.Y Foundation also raised US$200 million from companies under Li Zetian's name, so now it has a total of US$300 million.

"Orphanages are mainly established in Asia, followed by Europe and the United States, then Oceania, South America, and finally Africa. The same is true for schools." Li Zetian discussed with Yu Jingqiu.

"Well, okay, we are Chinese, of course we must try our best to take care of the Chinese." Yu Jingqiu nodded.

"In addition, it is best for the L.Y Foundation to make investments and make money. It is not a problem to rely on fundraising all the time. In this regard, I think you can invite Dongfang Yuqin to help you."

Yu Jingqiu smiled and said: "It would be great to have her help me!"

…

PS: I don’t know what caused me to feel dizzy tonight. I’ll make up for the fourth update tomorrow.