Although the l.y Foundation is a charity organization, it cannot be lost. In addition to making financial investments, establishing a hospital is a very good choice. It not only makes money, but also conducts medical research, collects clinical data, strengthens cooperation with Roche Pharmaceuticals and Genentech, and promotes the development and sales of drug products.

For example, Roche Pharmaceutical has developed a new drug. Without the recognition and recommendation of the hospital, it will be difficult to promote the new drug.

In addition, having a strong hospital, personal health problems are greatly protected.

After doing charity, many companies took out part of their money to pay dividends. Li Zetian and Yu Jingqiu received a dividend of US$200 million, but they still had to pay dividend tax. Fortunately, the dividend tax was not high, only 20. In fact, because the company had already paid tax once before, plus the dividend tax, the tax paid in succession may exceed 45.

So, after tax, Li Zetian and Yu Jingqiu received 160 million US dollars. In fact, they both received a symbolic salary of US$1 in each company, relying solely on dividends. The taxes and dividend tax paid by the company are equivalent to personal income tax, and there is no repeated tax payment.

In addition, when the company distributes dividends, most of the funds enter the Umbrella Company, because the Umbrella Company is the parent company with the largest number of shares. Li Zetian and Yu Jingqiu do not hold much personal shares. Most of them invest or create companies in the name of Umbrella Company or its own companies. Subsidiaries distribute dividends, and individuals need to pay a dividend tax of 20, but the parent company does not need to pay tax again. This is a legal way to avoid taxes. For Li Zetian, there is no difference between money in personal accounts or Umbrella Company accounts, and he can use it for 100 anyway. Umbrella Company is affiliated with the Li Family Trust Company. The purpose of doing this can prevent the inheritance tax of 50 to the US government in the future!

The l.y Foundation and the Li Family Trust Company will be the foundation for the long-lasting prosperity of the Li Family Consortium, which is particularly important.

After December, the new year finally arrived.

1980 is destined to be an extraordinary year. Flamingos, Galaxy Network, Sun Computer Systems, and Violet Records will make the whole world tremble in this year!

Li Zetian and Yu Jingqiu went to Hawaii for vacation during Christmas and returned to the United States on January 15, 1980. After returning, the two started to work. Michael Jackson became a desperate mafia. When Yu Jingqiu came back, his album had been recorded, but only 9 songs. He is currently undergoing a certain post-processing of the album, including removing noise, tuning, and running.

Li Zetian took the time to go to Violet Records and listened to each of Michael Jackson's songs. It felt very impressive. In addition to the three songs he wrote for Jackson, the other six songs were written by Jackson himself. Li Zetian couldn't help but sigh that creative genius singers are different!!!

In the office, Li Zetian, Li Xueyu, and Michael Jackson are discussing when to release a new album.

"Post production takes a week," Michael Jackson said.

Li Zetian looked at Li Xueyu and asked with a look.

Li Xueyu said: "Violet Records bought a large vinyl record production factory, which can produce 5 million vinyl records every month."

"Then it will be released on March 1st and the record will be sold in the FLX rental store!" Li Zetian said lightly.

Michael Jackson was shocked. FLX is the largest video rental and sales chain in the United States. It has developed to hundreds of branches and is huge in scale. Violet Records is the industry of chronos·l, and the resources it can use are indeed huge!

"Also," Li Zetian turned his head and looked at Michael Jackson and said, "Jackson, you can now prepare to make MV. If MV is on MTV, it will help promote the sales of the album! The company will spend a lot of money to create MV and shoot it into the style of a mini music movie! As for how to shoot MV, it will be up to you and Quincy Jones to discuss it!"
Chapter completed!