John Mellon popularized this [sandwich] tax avoidance model.

Because it was first produced between Ireland and the Netherlands.

Therefore, this economic and financial tax avoidance model is called the [Irish Dutch Sandwich].

Simply put, enterprises in high-tax countries sell goods, provide services, and set low prices when transferring intangible assets to their low-tax countries affiliated enterprises.

Enterprises in low-tax countries sell goods, provide services, and set high prices when transferring intangible assets to their high-tax countries affiliated enterprises.

In this way, the purpose of maximizing tax avoidance is achieved through the circulation of funds between two countries.

Let's give a simple example.

For example, it is very unreliable to sell fried dough sticks in the United States, which makes a lot of money. I earn 100 US dollars and pay 35 yuan in taxes according to regulations.

But he doesn't want to pay so much tax.

what to do?

At this time, this sandwich pattern can be used.

It is very unreliable to build an affiliated company in other countries with very low tax revenue, such as Ireland or the Netherlands.

He earned the 100 yuan in the United States, he could use the excuses of buying fried dough sticks, buying fried dough stick materials, buying fried dough sticks and frying oil, etc. to hand over the labor costs to affiliated companies with low taxes.

In this way, the money will be openly reached a country with low tax revenue!

The tax you have to pay is low!

If it is a little too much, companies here with high taxes are obviously very profitable, but they can also make losses without paying taxes.

For example, you have made 100 yuan, but you can increase the price you can sell fried dough stick formula from your affiliated subsidiaries in low-tax countries to $110.

This is not only not profitable.

Instead, you will lose ten yuan.

certainly……

This is just a tragic death.

Today, major multinational corporations use this model.

Google, Apple, Microsoft, Facebook...

The only difference between them.

It is not limited to Ireland and the Netherlands.

After all, there are more than Ireland and the Netherlands with low taxes.

By transferring funds in high-tax and low-income countries and the operation of affiliated companies, you can successfully save at least half of the tax.

There is another method that is more serious and more ruthless, but it will not be adopted by a large company that is more slaughtered.

It's a tax haven model.

This model is actually similar to the sandwich model. The only difference is that they use the sandwich model to transfer profits and set the location in a tax haven with zero taxes.

In theory, it can indeed achieve zero taxes

But doing so is undoubtedly a way to cut off oneself from the mainstream international community and the mainstream international countries.

More and more tax havens have been blacklisted.

If China hadn't been strong back then, Xiangjiang would have been included in the blacklist of tax havens due to low taxes.

Enterprises from regions and countries that have been blacklisted, when entering those mainstream countries.

Will be subject to certain rejection and discrimination.

Although the tax haven model is good, it is not a model that people who want to do big things will choose, and the credit risk is too high. Moreover, the funds that operate in such a way will continue to flow internationally, making it difficult to enter countries with serious economic and foreign exchange controls.

Money is indeed money, but this money cannot be used properly.

Abel and John Mellon chatted like this for an afternoon.

In the evening.

John Mellon said goodbye and left.

He will find a strong enough legal team and accounting team for Abel in the near future.

Then they used their talents to prepare Abel for building a company and model for sandwich transfer.

This takes some time.

Abel is not short of time now.

If Fate Smoke hadn't reminded the IRS to target him, he would have wanted to do it again in the last one or two months.

Now I just took this plan forward.

As soon as John Mellon left.

Qiao also came out of the lounge with a pink face.

She limped and started working.

This girl is much clearer than Melinda and Mary. She knows that using her body to entertain her boss can earn a temporary high income.

However, if you want to be loved by your boss for a stable and long-term basis, your work ability is indispensable.

It doesn't have to be too outstanding. But at least it must make the boss feel that he cannot do without himself.

This is Joe's biggest goal.

Very soon.

She didn't care about the elites in the financial circle who were boasting about boasting about the boasting, and the wolves of Wall Street.

The leader got the income of the whole day today.

Then it was delivered to the boss.

Abel looked at the numbers above.

Very satisfied.

Income for the whole day today:

There are not many U.S. stock markets, only $437 million.

However, the foreign exchange market is about to have revenue of more than 800 million.

I don’t know which central bank or which capital consortium the hedge against Abel came from.

He can make so much, which means that someone has lost so much in the foreign exchange market.

Abel heart calculated.

It does not count the first day of testing. From the first day of October 10 to now for three consecutive days, the battle between the foreign exchange market and the US stock market has reached more than 8 billion US dollars.

Including the amount of funds that have been available before.

His current amount of funds does not include Blue Star's future valuation, but it has more than 10 billion US dollars.

Abel whistled happily.

I am now a billionaire!

Rewards continue.

TIME will continue to book a venue tonight.

In fact, TIME's one night's yard is not expensive. If the fee is just the yard, it's only 200,000 to 300,000 US dollars. Including the various top-notch unlimited drinks, as well as the service fees of Call girls and Strippers from the most famous Call girls and Strippers in the Greater Los Angeles area, it will be as high as million US dollars.

In addition, everyone's bonus will still be paid, of course it is not as much as the first day, just 30,000 US dollars.

The three-day reward is calculated as the cost of the venue and the bonus, which is less than US$10 million.

Compared with Abel's profit of more than 8 billion US dollars, it is a drop in the bucket and is not worth mentioning.

The $10 million was spent.

Abel has a huge favorability among this group of Oasis Investment and Wells Fargo employees focusing on stock investment.

The skeleton of his planned investment banks or investment companies can be selected from this group of practitioners.

Of course, it is not all necessary. He only wants the best one.

Handle investment transactions well.

Abel did not choose to go back to the hotel to accompany Millie.

Here he had just eaten the blood of the beautiful secretary Joe, and then immediately left her nakedly.

Although it is very obvious that Money exchange, it should be a little humane, so that Joe will be more proactive in serving.

Abel took her to Beverly Hills and took a lot of luxury goods on Sunset Avenue.

It is a reward for this beautiful secretary.

Joe is very beautiful and feels very good to play with.

Especially the pair of long legs.

Maybe I have had laser hair removal surgery that women who love beauty will do. There are no pores or hairs on it. It is smooth and delicate. It feels like white jade in the touch, making people addicted.

It would be normal if Abel hadn't had his hobbies.
Chapter completed!