He naturally thought about this problem.
From the perspective of interests and development, having American nationality can make Su Yi’s development smoother, whether it is future corporate acquisitions, listings, and the development of large-scale military industry, or even
global layout, it can save him a lot of trouble.
Before this, he planned to let Lin Yin or Lin Qingxia, or other women, change their nationality to the United States, and then reorganize and slim down his company.
Holding through tax havens.
Then, through the Su Family Fund Company in Hong Kong, holding companies established in tax havens.
In this way, holding at all levels can be achieved,
Split out, and minimize the nationality issue as much as possible.
Sturgess Morgan’s words made him hesitate.
First of all, as a Daxia person, he naturally doesn’t want to go to another country.
Even though he is now an overseas citizen of Eagle Country, this is due to previous historical reasons.
Secondly.
If he changes to the United States, his career will be smoother, but there is also a problem.
Wait until the year, and change back to nationality before returning.
However, the United States has a policy that if you give up your nationality, you will be charged a “abandonment tax”, and the amount is as high as more than 30% of your personal property. Su Yi is reluctant to spend such a large sum of money.
Of course, there is no way.
Before becoming a citizen, divide the assets under your control and register them under your parents’ names…death.
Chapter Reasonable tax avoidance? Immigration?
There is another way, which is to register a company in Cayman Island by BVI, and then hold all the shares of all its companies by company method in Hong Kong.
The advantage of this method is that it can avoid taxes, that is, pay personal taxes.
However, this method can not change the problem of mergers and acquisitions of major projects in essence.
In addition to the blood flowing in Su Yi’s veins, there are also high taxes on the rich.
Seeing Su Yi silent for a long time, guessing his thoughts, Sturgis Morgan smiled and said: “Mr. Su, you don’t need to be too entangled. This is all on paper. A piece of paper can’t change the reality.”
Su Yi nodded slightly.
He didn’t understand the meaning of Sturgis Morgan’s words.
ButSometimes…
You can only say that foreigners don’t understand Xia people.
“Mr. Sturgis, the inheritance tax and gift tax in the United States are too high.”
Su Yi said with a wry smile.
Sturgis Morgan nodded and said, “This is indeed very high. Not only you think so, but almost all of us think it is too high. However, this thing cannot be changed in a short time, but we can find ways to circumvent it, such as adopting the charity foundation model, which can effectively avoid the loss of property.”
The so-called charity foundation model.
It is to set up a charity foundation company. In the United States, charity is exempt from tax, that is, no tax is required.
Under this premise, all the money is donated to the charity fund.
In this way, the donor has no inheritance, so there is no inheritance tax.
According to the laws of the United States, there are restrictions on charitable foundations established by private donations. Private charitable foundations must lose % of their total assets every year, and the restrictions will be lifted after 20 consecutive years.
Looking at it this way, it’s not bad. A % is also %, although it takes a long time, but it is donated after all.
There are two mysteries involved here. First, % of the property increases in value every year. Second, the children of the rich have living expenses.
The US tax law only stipulates that the charitable foundation must lose % of the total property every year, but does not stipulate how.
Because it cannot be stipulated.
Therefore, the children of the rich and even the rich themselves will work in the charitable foundation and receive a high annual salary.
Many rich people are worried that their children will spend money recklessly and that wealth will not last for more than three generations. Once a charitable foundation is established, they don’t have to worry about it. The property does not belong to the children, and the children can’t waste the family property. Every month, the children can receive living expenses regularly, and the effect of inheriting wealth is very good.
In addition, everything can be charitable.
The food, clothing, housing, transportation, overseas travel, and buying bags of the children of the rich can all be reimbursed directly in the name of the foundation.
If all your expenses can be paid by the foundation and you have absolute control over the foundation, then does it matter whether these properties belong to you in name?
In order to fool public opinion, the rich also like to do some real fake charity.
In simple terms, the money is not directly transferred to the descendants, but to the charitable foundation company controlled by the descendants. It can be passed down from generation to generation. In this way, the inheritance is realized. The benefit of this is that the family descendants can pass down the wealth without the name. There is another way. That is, after supporting the descendants and increasing their money, let the descendants acquire the company of their parents. As for the price, there is room for operation. In addition, the company controlled by the parents makes some financial losses, making the company lose money, and then let the descendants acquire it at a low price to achieve seamless connection. For ordinary people, this requires the descendants to be good enough. There must be a lot of money. But for Su Yi, this is not a problem. At least he can grasp the direction of the next four years. Just give an idea to make a fortune, and you can make your descendants rich. Therefore, inheritance and gift taxes can be cleverly avoided. The real difficulty lies in the output of the United States. That is, giving up nationality and levying the abandonment tax… The previous one is internal for the United States. Qian Doudou did not slip out.
It was just from one person to another, which was not a loss for the United States.
The latter was different.
Changing nationality meant that one was from another country.
Su Yi hesitated about this.
If it was just for Pepsi, he would refuse without hesitation.
However, for the long-term development of the family.
To make the Su family a century-old family spanning the world, it means that they cannot be trapped in Daxia.
After all, when business reaches a certain level, there will always be limitations.
Moreover, now and even in the next 4-years, the West is leading the world…
“Mr. Sturgis, is there no other way besides changing nationality?”
Su Yi frowned and looked at Sturgis Morgan.
“Mr. Su, I don’t know why you are so obsessed with nationality. Shouldn’t businessmen pursue maximum profit?”
Sturgis Morgan shook his head in confusion.
Su Yi smiled bitterly and said, “Mr. Sturgis, you are not from Daxia, so you don’t understand our Daxia people’s belief in our ancestors and blood inheritance…”
“Okay~~ I really don’t understand.”
Sturgis Morgan shrugged and looked at Su Yi with a relaxed and serious face: “Mr. Su, even if I help you solve it this time, what about next time? Besides, the United States is the world’s largest market and the richest country in the world. You should know what this means!”
Su Yi certainly knew what it meant.
If he became an American, then. It means that he would no longer be hindered from investing and doing business around the world in the future.
But he didn’t want to.
If he wanted to, he wouldn’t be so entangled.
“I’ll think about this matter again”
saidAfter that, Su Yi got up and left.
He didn’t stay too long.
Everything had been made clear.
Now he had to make a decision.
Back to the hotel.
Lin Yin asked how things were going.
Su Yi told them what they had talked about.
“This is indeed a problem.” Lin Yin nodded and looked at Su Yi
“I don’t have any ideas.”
Su Yi shook his head…
“What do you think?”
Ps: Speechless… missing a word to add…
“Chapter Let Go,”
Reduce your holdings, Mr. Zipper!
“Give up the acquisition of Pepsi.”
One day later
Su Yi said to Lin Yin in front of him after careful consideration.
“Give up?”
Lin Yin looked at him in surprise, “Are you sure?”
Su Yi nodded: “Sure!”
“Okay!”
