John Mellon took a look at 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".To put it simply, it means that enterprises in high-tax countries set low prices when selling goods, providing services, and transferring intangible assets to their affiliates in low-tax countries.Enterprises in low-tax countries set high prices when selling goods, providing services, or transferring intangible assets to their affiliates in high-tax countries.In this way, the purpose of maximizing tax avoidance is achieved through the flow of funds between two countries.A simple analogy.For example, it is very unreliable to sell fritters in Laomei, which is very profitable, earning 100 US dollars, and paying 35 yuan in taxes according to the regulations.But he didn't want to pay so much tax.What to do?
This is where the sandwich pattern comes in.It is particularly unreliable to set up an affiliated company in other countries with very low taxes, such as Ireland or the Netherlands.The 100 yuan he earned in Laomei could be used to buy fritter recipes, buy fritter materials, buy fritters and frying oil, etc., and hand them over to affiliated companies with low taxes in the form of labor costs.In this way, the money will be above board to the country with low taxes!
The taxes to be paid are low!
If it is excessive, the company with high taxes is obviously very profitable, but it can also make losses and do not have to pay taxes.For example, he made 100 yuan.However, it can raise the price of fried dough stick recipes sold by affiliated subsidiaries in low-tax countries to $110.This is not only not profitable.Instead, you will lose ten dollars.Of course......
It's just a matter of death.Now the major multinational group companies.It's all this model.Google, Apple, Microsoft, Facebook......
The only difference between them.It's not just between Ireland and the Netherlands.After all, Ireland and the Netherlands are not the only countries with low taxes.Through the flow of funds in high-tax and low-income countries, as well as the operation of affiliated subsidiaries, it is possible to successfully save at least half of the tax.There is also a more serious one, a little more ruthless.But the bigger companies don't do that.It's the tax haven model.This model is actually similar to the sandwich model, the only difference is that they use the sandwich model, and the place where the profit is transferred is set in a tax haven with zero taxes.Theoretically, it is possible to achieve zero taxes, but doing so is undoubtedly self-isolated, and more and more tax havens have been blacklisted among mainstream international countries in the international community.If it weren't for the strength of Huaxia back then, Xiangjiang would have been included in the blacklist of tax havens because of its low taxes.Enterprises in blacklisted regions and countries when entering those mainstream countries.There will be a certain amount of exclusion and discrimination.The tax haven model is good.But it's not a model that people who want to do big things will choose, and the credit risk is too high.Moreover, the funds operated in this way will continue to flow internationally, and it will be difficult to enter those countries with serious economic and foreign exchange controls.Money is money, but it can't be put to good use.Abel and John Mellon chatted like this for an afternoon.In the evening.John Mellon took his leave and left.He will be looking for a strong legal team and accounting team for Abel in the near future.Then they used their talents to prepare Abel to set up a company and model for the sandwich shift.It takes some time.Abel is not short of time now.If it weren't for the Smoke of Fate alerting the IRS to his sights, he would have wanted to do it again in the last month or two.Now it's just a matter of bringing that plan forward.As soon as John Mellon left.Joe also came out of the lounge with a pink face.She limped to work.This girl is much more capable of carrying than Melinda and Mary.She knew that entertaining her boss with her body could earn a high income for a while.However, if you want to be loved by your boss for a long time, the ability to work is indispensable.It doesn't have to be too good.But at least make the boss feel inseparable from him.That's Joe's biggest goal.Soon.She doesn't care about the elites of the financial circle who are boasting, the wolves of Wall Street.From the leader of it, I got a full day's income summary.And then it was delivered to the boss.Abel looked at the numbers above.Quite satisfied.Today's income for the whole day: The U.S. stock market is not much, only $437 million.The foreign exchange market is about to have more than 800 million revenues.I don't know which central bank or which capital consortium the funds for hedging gambling with Abel came from.The fact that he was able to earn so much means that someone has lost so much in the foreign exchange market.Abel did the math.Not counting the first day of testing.From the first day of October 10 to the present for three consecutive days, the battle between the foreign exchange market and the U.S. stock market has reached more than 8 billion US dollars.Count the amount of money you have before.The amount of his own funds now does not include the future valuation of Bluestar, which is more than 10 billion US dollars.Abel whistled happily.I'm a billionaire now!
The rewards continue.TIME continues to charter tonight.Actually, TIME is not expensive to charter for one night.It's just a charter fee, which is only two or three hundred thousand dollars.Add in the all-you-can-eat drinks and the service of some of the most famous Callgirls and Strippers in the greater Los Angeles area, and you'll be able to spend millions of dollars.In addition, everyone's bonus will still be paid, of course, not as much as on the first day, only $30,000.The three-day reward is less than $10 million, including the cost of chartering and bonus.Compared with Abel's profit of more than 8 billion US dollars, it is simply a drop in the bucket and not worth mentioning.The $10 million was thrown out.Mr.
Abel was well-liked by the Oasis Investments and Wells Fargo stock-focused staff.The skeleton of the investment bank or investment company he plans to be selected from this group of practitioners.Of course, not all of them.He wants the best.Take care of the investment transactions.Abel didn't choose to go back to the hotel to accompany Millie.I just ate the blood of the beautiful secretary Joe, and then immediately left her naked.Although it is obvious to Moneyexge.But it's better to bring a little human touch, so that Joe will be more active in serving.Abel took her on a trip to Beverly Hills.On Sunset Boulevard, a large number of luxury goods were brushed.It's a reward for this beautiful secretary.Joe is beautiful and feels good to play.Especially those pair of long legs.It is probably a laser hair removal surgery that women who love beauty will do, there are no pores and no hair at all, smooth and delicate, and it feels like mutton fat and white jade, which makes people addicted.If it weren't for Abel's normal hobbies.These legs are expected to be licked and broken in front of those who like long legs.