Chapter 447 Shocking Tax Bill!

From January to March, it is usually the time when Xiangjiang people pay their taxes for the previous year.

The previous year does not refer to the year from January 1, 1979 to December 31, 1979, but to the year from April 1, 1978 to March 31, 1979.

Although the tax is calculated on the income until March last year, according to the rules, you can pay it during the period from March 31, 1979 to April 1, 1980, and if you exceed it, you will have to pay a late fee of.

This kind of tax payment method is implemented in Europe and the United States, which is different from the mainland, where the payment is immediate.

Especially those employees who receive salaries and public servants do not need to go through your account, and the deductions are made before the salary is paid.

The people in Xiangjiang, and even the people in Europe and the United States are the same. They are not so active in paying taxes, and they are used to procrastination. I just don’t want to pay taxes until the last moment.

Ordinary people are like this, and those companies are even more like this. I don’t put my money in the bank, but use it directly to do business. How much more money can I earn in a year? Surely making a lot more money than paying taxes 11 months ago!

Therefore, whether it is the public or the company, the tax payment date is usually between March 20-31. Many people will not pay taxes until the last day.

Otherwise, the legendary U.S. Taxation Bureau would not be so tough. They had encountered too many hardships, forcing them to set up a strong department to deal with this group of tricksters.

Yin Jun originally thought that he would delay the payment until then, but he still has a lot of things to do at the end of March, so he can't be distracted.

Besides, even after saving for twenty days, there would not be much interest recorded in the account, so Yin Jun had already asked people from the company to help him pay taxes to the tax department at the beginning of March.

The Xiangjiang government's tax rate policy is an excellent implementation method, and it is also one of the few places Yin Jun admires them.

Xiangjiang's taxation policy generally adopts the method of reducing taxes. If it is private, there are only four aspects of general taxation related to them.

The first is salary tax, that is, all income such as wages and bonuses, which belongs to the progressive tax rate.

If the income of multi-child families and husband and wife does not reach the limit, they are generally not required to pay. Only high-income earners will pay. Generally, families with an annual salary of more than 200,000 are taxed at a rate of 15%. This is the highest tax rate. You receive 1,000 million, also only 15%.

The second is profit tax, that is, your investment income other than wages and bonuses, including income from stock trading, stock dividends, investment trading, etc.

It is worth mentioning that if you made money by trading in stocks, but you did not sell them and stayed in the stock market, then you do not have to pay profit tax, and only those who have received cash returns can be counted as profit tax.

However, you still have to pay the transaction fee of the stock market, that is, the transaction fee charged by the securities firm every time you buy or sell.

The third type of tax is the rate tax, which is the real estate tax that is going to be implemented in mainland China. This tax amount is fixed. It is calculated at 5% of the government's valuation of your house, and no one can avoid it.

The fourth is called property tax, that is, if you rent out your land or house, you must pay property tax.

The calculation of this property tax is also a bit complicated. For example, if you rent out the house for 10,000 yuan a year, if you rent out the house and others maliciously owe rent or go bankrupt, this part of the money will not be included.

What's more, if your house needs repairs or other expenses, up to 20% of your rent, which is 2,000 yuan, can also be excluded from taxation.

In this way, the property tax is not too expensive.

There are four kinds of taxation for ordinary people, but the taxation for companies is even simpler. There is only one kind, called corporate profit tax, and the current tax rate is 17.5%.

You pay taxes when you make money, and you don’t pay taxes when you lose money. It’s simple and clear.

And if your property is listed under the name of the company, you don't have to pay property tax, just pay corporate profit tax directly, and you can earn a lot.

Of course, since 2009, the property tax has also undergone corresponding changes. Because you have paid the rate tax, you need to deduct the rate tax before calculating the amount of other property taxes. In fact, it is equivalent to reducing or exempting the rent The lot tax rate for the home is off.

In addition, the Xiangjiang government is also very interesting. They don't say tax exemptions for the poor, and they often give various subsidies.

For example, after 2008, after 2008, the government subsidized the utility bills and rates tax for two quarters every year for households whose income was below a certain standard.

Calculated, the annual rate tax is halved to 2.5%, and the utility bill is also directly halved.

Compared with the mainland, the water and electricity bills in Xiangjiang are naturally very expensive. The government reduced their bills by half in this way, which immediately reduced the burden on the common people. This is also a measure to benefit the people.

Put these aside.

Yin Jun paid taxes this year from February 16, 1978 to March 31, 1979. ——It was originally calculated on April 1, 1978, but because Yin Jun came to Xiangjiang on February 16, the tax for more than one month should be calculated together in the second year, which is also reasonable.

For more than a year, Yin Jun's main income was the script income for Jiashi and Li's TV stations.

Such as "Bao Qingtian", "Wulin Biography", "Chu Liuxiang" and so on.

There is also a copyright fee of 10 million for "Millionaire" sold to TV Asahi in Japan

Among them, Yin Jun's income in 1978 was 31.6 million, and from 1979 to the end of March, it was 9 million, and the total tax amount was 40.6 million.

Calculated according to the highest cumulative tax rate of 15%, Yin Jun needs to pay a total of 6.09 million taxes!

After this figure was accidentally known by a reporter, it was immediately disclosed in the newspaper.

"Come to Hong Kong for one year and earn 40 million Hong Kong dollars! Jun Shao is definitely the candidate for the richest man in Xiangjiang in the future! "

After such a report came out, the whole Xiangjiang was a little restless.

In 1979, Xiangjiang's salary was only 1100 yuan, and Yin Jun's tax payment was equivalent to a person's salary of about 461 years. Isn't this shocking?

You know, when Yin Jun was in April 1979-79, his career hadn't even started yet!

In this way, he has paid 6.09 million in taxes, so how much tax should he pay in the past year of Yin Jun's rapid development?

The newspaper of good things immediately began to calculate the taxes that Yin Jun needed to pay from April 1, 1979 to March 31, 1980.

Because of the environmental protection concept of Qilin Printing Factory, Yin Jun enjoys the policy of tax reduction and exemption.

But it is only the profit generated by Qilin Printing Factory. Yin Jun's other income is also subject to tax.

The tax rate of Xiangjiang is very clear. After paying the 17.5% tax rate for the profits earned by Kirin Culture, Yin Jun no longer has to pay personal salary tax.

The mainland is different. You are the owner of a private company. After your company makes money, you only pay tax on the company’s income, and the tax department has to collect your personal income tax. This is equivalent to two taxes. The company is mine, and I have paid taxes on the money I make. This is my profit, not my salary. In the end, I have to pay personal income tax, which seems a bit high.

Of course, this is not just Huaguo. The tax rates in many countries are all kinds of strange. Among the developed countries, there are higher tax rates than Huaguo.

Relatively speaking, Xiangjiang is much simpler, just pay the tax once, and you don’t have to worry about paying the rest repeatedly.

Then there is another point. Yin Jun’s unicorn culture, published "Kirin Weekly" and comic booklets, will only pay taxes for this part sold in Xiangjiang, and the rest will be sold to Japan, South Korea, Baodao, Omen and other places. , you don’t have to pay taxes to the Xiangjiang government. You only need to pay income tax there.

This is more favorable than the mainland's tax policy.

The first article of the mainland tax law is that no matter whether you earn domestic income or overseas income, you must pay taxes—in fact, you have to pay taxes twice.

Kylin Culture only pays taxes on the production profits obtained by Kylin Printing Factory from the production of comic magazines and booklets, but it happens that this part is tax-free for 3 years, so it saves Yin Jun a fortune.

But even so, Yin Jun still has a lot of places to pay taxes.

In addition to the "Kirin Weekly" and comic books sold in Xiangjiang, there are also land in Tin Shui Wai, scripts written for TV stations and film companies, dividend income, etc.

In particular, the land in Tin Shui Wai has been valued by real estate developers at more than 200 million Hong Kong dollars, and the government’s valuation has also exceeded 100 million Hong Kong dollars, which amounts to 5 million rates and taxes.

Yin Jun's income from movies and TV scripts is also very considerable, which has exceeded 85 million. The tax rate for this part is high. The highest tax rate of 15% is 12.75 million.

Even Zheng Yutong invited Yin Jun to shoot advertisements and other remunerations that add up to 11 million, and it has to be calculated according to the highest profit tax rate of 15%, and the tax amount is 1.65 million.

In addition, there are tens of millions of income from the sale of "Millionaire", the profit tax of Kirin Culture, all added together, in 1979-80, Yin Jun had to pay a full tax of 33 million!

Seeing this super tax bill, which was about 4.5 times more than that in 1978, countless shocked people expressed their opinions.

"Damn, I think compared to Jun Shao, I have lived in a dog's stomach for more than twenty years!"

"God, I don't want any more. If I can earn one-tenth of Jun Shao's tax amount this year, I will be satisfied!"

"Let's take a look, this is a typical example of getting rich with culture and knowledge! If Yin Jun didn't work hard and write hard, would he be able to achieve what he is today? Everyone should study well!"

"Hehe, Young Master Jun got rich just by writing? Don't be kidding me! How did he buy that land? Young Master Jun relies on his foresight, right?"

"Yes! In fact, Jun Shao has to pay far more taxes than that! Does he still have the shares of Changshi Group? And Kowloon Bus? And Taohua Datong?"

"Don't mention him anymore. When I mention him, I feel that my ambitions are all blown! With his jewels in front of me, how can I be a self-made super rich?"

"..."

People were discussing enthusiastically, but there was not much jealousy.

A person who receives a salary of 1,000 will definitely be jealous of a person who receives a salary of 1,500 or even 2,000.

But he is generally not jealous of people who receive a salary of 1 million.

Because they are not of this level!

Now Yin Jun is not at the same level as ordinary people. Everyone regards Yin Jun as a super rich who is out of the category of ordinary people.

But to be honest, Xiangjiang people have never seen a person like Yin Jun who makes money so well and so fast!

No wonder more and more people regard Yin Jun as the pride of Xiangjiang!

...

(This knowledge is what I feel is necessary to explain. I have checked the information for a long time, and now I have become a semi-expert in personal tax and corporate tax.)