Chapter 729 Everyone Is Avoiding Taxes
"So, whether it is the royal family or most of the British upper class, in fact, in the minds of quite a few people, they have already prepared for Brexit, but they have been waiting for the time to come. Now is the time, right?"
Yang Cheng's face was extremely serious, as if it had been covered with lava.
William lowered his eyes, "From the adjustment of the exchange rate by the Swiss National Bank at the beginning of this year, which led to the outbreak of the euro crisis, to the recession in the Balkan Peninsula, seeing Greece on the verge of bankruptcy, these are all the difficulties the EU is facing today, and the current EU has many factions and chaotic organizations. , dysfunctional, all relying on the strong support of the three major powers of Britain, Germany and France. If this continues, the UK will be dragged down sooner or later.
The most important thing is that the European Union is only a collection after all, not a complete country. The so-called unity can never exist, and it has never even introduced a centralized government system that is sufficient to manage diverse member states. In fact, such a political system cannot It is impossible to exist. The Austro-Hungarian Empire was so strong in the past, didn't it still fall into civil strife in the end?
Each country has its own interests, and it is impossible to make any sacrifices for the common interests. Therefore, whether such an EU participates or not does not seem to matter anymore. "
William said the facts, not to mention the loose alliance formed by various countries, even if it is different regions and different ethnic groups in a country, the filth among each other is enough to make any person in power turn gray.
But the benefits of staying in the EU are obvious, and the violent reaction of Brexit is even more immediate, especially the financial damage to the UK will be more direct, at least in the short term.
After losing the right to enter the EU's open market, the UK may lose a lot of trade and investment. This is inevitable. Although the influx of immigrants or migrant workers has caused anxiety about British culture and identity, losing these labor forces It is an indisputable fact that it leads to low productivity, slow economic development and fewer employment opportunities.
And don't forget that the UK itself is not monolithic. Scotland's determination to leave the UK is almost the same as England's will to leave the EU. It is even entirely possible to rejoin the EU as an independent country after Brexit. If Scotland really does this , Undoubtedly, it was a slap in the face of a brother who was a compatriot.
Well, Yang Cheng doesn't want to take care of these major national events. What he cares most about is how Brexit will affect him. Economic losses are inevitable. So, will he be involved in political struggles? among? He didn't want to be a living target.
After thinking twice, Yang Cheng said to William to wait a moment, got up, went to the desk, picked up the pad, found the backup of the 'Paradise' file sent by Weatherrow, and handed it to William.
William glanced at Yang Cheng curiously, looked down, followed his fingers to slide the screen, as if the cold moonlight was shining on his face, it took a full 20 minutes to raise his head again.
His throat was a little dry, so that his voice became tearful when he spoke, "Where did you get this document?"
His face was cloudy and uncertain, and his scrutinizing eyes swept across Yang Cheng's face like a knife's edge.
Unfazed, Yang Cheng pouted, "A few days ago, a hacker sent this document to the computer desktop of Weatherrow, editor-in-chief of The Sunday Times."
William frowned deeply, looked at Yang Cheng and then at the pad, seemingly hesitating between whether Yang Cheng was lying or not.
"Don't think so much, if I got this document on my own initiative, you shouldn't be sitting in my study to see it now,
Instead reading the papers at Kensington Palace and throwing a fit. "Yang Cheng was a little displeased with this look, and said with a soft snort.
William thought so, and smiled apologetically, "Sorry, it's just a matter of habit."
Yang Cheng shrugged, "It's understandable, and let me tell you clearly that this document should be a part of the full version. As for the original document, I don't know. Maybe my name is also in the document. Those who have a little bit of wealth these days, who wouldn't avoid tax?"
When he said this, William completely let go of his doubts about Yang Cheng, but the matter was so important that he didn't dare to say too much, and he made many mistakes, "Anyway, thank you for reminding me, I need to go back and report to my grandmother immediately."
Yang Cheng nodded, "Of course, but you have to be clear, since that hacker has the ability to send the Heavenly Papers to my subordinates, he has the ability to send it to anyone. I can keep it from being disclosed to the outside world, so other people Woolen cloth?
In addition, did this hacker simply rely on his loyalty to become a "Robin Hood", or was he instructed by others? We don't know all of this. I hope you will make plans early, and I will continue to send people to investigate. If you have any ideas or clues, I hope you can communicate with me in time. "
William stood up and shook Yang Cheng's hand vigorously, "I know what to do."
Not much nonsense, he quickly left Beihai Manor, went back to discuss with his grandmother, and Yang Cheng was relieved.
As he said, there were tens of millions of copies of the complete version of the Heavenly Papers in the previous life, involving countless celebrities and wealthy businessmen, and with Yang Cheng in this life, it is hard to say whether there will be more of his name After all, tax avoidance is a 'privilege' exclusive to the rich, and if you don't have enough money to spend your time avoiding taxes, that's nonsense.
Of course, this is not illegal. On the contrary, in order to perfectly avoid legal provisions and take advantage of legal loopholes, those businessmen are the most law-abiding group of people in the world.
Yang Cheng is also included, not to mention him, many multinational companies that are countless times stronger than him have also adopted tax avoidance methods, including the famous Nike, Apple, Facebook and so on.
Take Nike as an example. It transfers profits through offshore companies and saves hundreds of millions of taxes every year. Nike concentrates its European income on two companies based in the Netherlands, and pays a large amount of trademark royalties. To lower taxes, since the launch of this model, Nike's global tax rate has dropped from 24% to 16% in a few years; the company has also used legal loopholes to reduce its profit tax rate in Europe to 2%. European companies are subject to an average profit tax of 25%.
Tech giant Apple is even better at tax avoidance, and it is no secret that Apple has been placing its non-US sales revenue (more than half of its total revenue) in Ireland so that it does not need to pay the US government. High overseas profit tax, and the tax rate Apple pays to the Irish government is only 0.005%, which is much worse than Yangcheng.
Even so, Apple was still reluctant to seek another way out of Ireland, and soon found a new tax haven—Jersey, a small British island, where it continued to enjoy ultra-low tax rates.
In 2014, Apple made about US$40 billion in profits in markets outside the United States, but only paid US$1.65 billion in taxes to foreign governments, accounting for 3.7% of the total profits. This figure is less than one-sixth of the world average corporate income tax.
The large companies in the United States are all "tax avoidance masters". This kind of tax avoidance strategy instilled in blood has caused losses of as much as 240 billion US dollars to the governments of all countries in the world. However, everyone can only curse verbally. The accusation is nothing more than an itch for a giant like Apple, and it doesn't touch the bones at all.
However, Yang Cheng is a Chinese-American. Once the "Heaven" documents are fully exposed, he is likely to become the target of the US government to make an example of others. Therefore, it is still very necessary to build a good relationship with the British royal family and tie everyone on the same boat.
What's more, even if there is no British royal family, Yang Cheng would not dare to risk the disgrace of the world, take the initiative to expose the "Paradise" document, and offend more than half of the world's top 500 giants at once, Yang Cheng is not so courageous.
After William left, Yang Cheng thought it was time to go back to New York. After hiding for so long, the rumors in the United States had long passed, and the new round of financing meeting of New Era Media was about to be held, and he, the head of the family, needed to go back to sit in charge.
But before leaving, there is still a small matter that he needs to deal with. A few days ago, Sotheby's company sent someone to send the "Qianlong Jade Seal" that Yang Cheng had photographed to Beihai Manor. After Yang Cheng signed and accepted it, this national treasure was put away. In the treasure room on the basement floor of the castle, Yang Cheng would go down to watch it if he had nothing to do. From time to time, he would turn off the protection measures and take it out to play in his hands.
I just learned that Zheng Jiaxuan is also in London at this time, so I simply invited him to the castle in the name of admiring the jade seal. By the way, I asked him if he still has any intentions about Glencore's oil storage business, and if he can offer a good price , Yang Cheng didn't have to bother to find other buyers.
I personally called Zheng Jiaxuan to send out an invitation, and received an enthusiastic response from the other party. After deciding to come to the castle for dinner at night, Yang Cheng called the American side and asked Eddie to contact Ken Marsh, chairman of the London Police Federation, as soon as possible. Get in touch and go through the procedures that should be done, so that the other party can get the money and move quickly, and the people from Yangcheng Company can also settle in.
And the acquisition of the headquarters of the British police, how can such a good gimmick not be used?
Therefore, in the next period of time, Toutiao users in the UK found that the app often posted news about the poverty of the British police and had to sell their headquarters to survive.
At first, users thought it was some unscrupulous marketing account making hype, and everyone scoffed at it.
But after the Chief of Police of London and the chairman of the federation jointly participated in the acquisition ceremony held by New Era Media, the poor John Bulls found out that their pride had been smashed to pieces. In the past, they only heard that the Premier League club was acquired by rich foreign tycoons. Big purchases.
Now even the policemen defending their homes have to sell their blood to survive. Such a blow has left all the old people immersed in the afterglow of the empire on which the sun never sets, falling into deep confusion. Can this country be saved? ?
Of course, Yang Cheng didn't bother to care about these things. Since other media intervened and spread the news that he had acquired the London Police Headquarters for 340 million pounds as the overseas branch of New Era Media, his name resounded in the British Isles again, even more so than at the time. The acquisition of Liverpool was still a bit of a sensation. Yang Cheng was a little confused for a while. He suddenly realized that he would be pointed out when he was shopping on the streets of London.
Well, this is something for later, let's not mention it for now, it is more important to entertain Zheng Jiaxuan's arrival.
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