Chapter 3951 Chips

After spending two hours, Chi Feichi read Luxembourg's tax policies in recent years, and finished reading the tax agreement signed by the Zhenchi Group and the Field Group in Luxembourg, responded to the UL news about Yokosui, and continued to use the computer to view the new tax agreement originally planned by the Luxembourg government and Umbrella.

Large multinational corporations of the size like Umbrella can save hundreds of millions of euros in tax expenditure every year as long as they operate a little through Luxembourg's policies. This money can be invested in new fields, purchased a batch of natural resources such as islands and minerals, and can be used to do a lot of things.

This is why major multinational corporations make a lot of money all year round but transfer profits to Luxembourg.

No one would think that there is too much money, and capitalists are even more so.

For capitalists, money is like a flowing bargaining chip. Capitalists need to constantly distribute the bargaining chips in exchange for natural resources, medical resources, human resources or other resources, so that they can gain more power in the human community. At the same time, capitalists must constantly recycle chips to ensure that the chips in their hands are sufficient and enough to obtain a large amount of resources.

Luxembourg’s tax policy allows capitalists to recover an additional batch of chips every year and then use these chips to exchange for more resources.

Even if a certain capitalist is not so greedy, he has to consider one problem - others have used this method to recycle additional chips. Then, after the new round of chip distribution begins, others can use these extra chips to exchange for more resources, which may therefore have an advantage in investment in a certain industry. At that time, will it increase the difficulty of obtaining chips from a new industry? Will the chips in your hands become fewer and fewer, and eventually become ordinary people?

No one wants to lose the chips, resources, or status they have, so even out of a sense of crisis, capitalists will recycle as many chips as possible.

Umbrella is no exception.

As long as Luxembourg has an intention to cooperate, Umbrella is naturally willing to transfer part of its profits to Luxembourg, saving a tax expenditure every year, but Umbrella still needs to grasp the standard of the specific profits transferred.

In theory, Umbrella can transfer more than 70% of the profits in the European region to Luxembourg, saving hundreds of millions of euros in tax expenditures every year, but this will lead to a reduction in taxes paid by Umbrella to other countries, which will inevitably cause dissatisfaction among countries.

Umbrella wants to run a business in various countries, but she can’t even want to pay the ‘stall rent’, right?

If Umbrella really doesn't even want to pay the "stall rent", then countries will naturally refuse Umbrella to enter the country to make money and instead look for capital willing to pay the "stall rent" to cooperate. In this way, Umbrella will lose the markets of various countries and quickly decline.

Therefore, whether it is Umbrella or other capital consortiums, everyone has a tacit understanding - for those countries with development prospects and can make a big profit, the taxes should not be paid too little every year. In addition, for some countries that want to make good friends with their own or have a good relationship with local ruling forces, the money they pay every year should not be paid too little for the sake of friendship between the two sides.

In other words, capital consortiums can transfer some profits to Luxembourg, but cannot transfer them too much. Decision makers need to balance their own and allies and important partners according to their own situation. The interests of the partners can be interests of them, and try to make their own profits as much as possible based on their own situation.

Furthermore, even if the capital consortium dares to transfer all its profits to Luxembourg, Luxembourg may not dare to collect them.

Not to mention the distance, Luxembourg was sandwiched between Germany, France and Belgium. If Luxembourg did too much and had to wait for money to heat up in his pocket, the neighbor's heavy firearm would have been shipped to the border.

In short, capital consortiums and multinational corporations have complex tax affairs in various countries.

This time, Umbrella's initial tax agreement with Luxembourg, Chi Feichi not only needs to view each clause, but also see Chi Shinosuke's notes on these clauses, as well as the supplementary information searched by Ark to figure out what benefits Umbrella can get from the agreement, what forces the interests of a certain clause involves, what needs to be paid attention to in Umbrella's subsequent development, what considerations are behind the formulation of those clauses, and even compare other tax agreements to judge how much Luxembourg attaches to Umbrella and see if Luxembourg can make some concessions on taxation.

An hour later, the flight attendant reminded Chi Feichi, Masashi Hayakawa, and Yuichi Kashima, and asked about the food they wanted to eat, and soon prepared the food for the three of them and delivered it to the table.

After dinner, Chi Feichi asked the flight attendant to make a cup of coffee for him, and prepared to keep reading the information and see the plane landing.

He has only read about one-tenth of the information on tax terms. It is already very good that he can read all the information before getting off the plane.

As for sleeping...

He would have to wait until the plane landed and go to the hotel to sleep, just pretending it was a jet lag.

"Please prepare a cup of coffee for me too!" Masashi Hayakawa also ordered a cup of coffee before the flight attendant left. Then he turned to Chi Feichi and explained, "I want to finish reading the information before getting off the plane."

As Chi Feichi's secretary in work, Chi Feichi has to read the tax information that Chi Feichi wants to read, and Masashi Hayakawa must also read the terms of the agreement that Chi Feichi wants to understand, Masashi Hayakawa must also understand.

Although the two arrived in Luxembourg and had one day to rest and read the information, Masashi Hayakawa obviously was like Chi Feichi, who wanted to make a good jet lag on the plane to ensure a good condition during the meeting the day after tomorrow.

When Yuki Kashima saw the two of them so motivated, he wondered if he should keep up with the pace, "Then I..."

"Kashima, you'd better sleep for a while tonight," Chi Feichi saw Yuichi Kashima's thoughts and said, "I also want to finish reading this part of the information before the plane lands. During the flight, I probably won't sleep anymore. If I get stuck when I get off the plane, I'll leave all things like check-in."

"Yes, Kashima," Hayakawa Masashi smiled and agreed, "Let's just stagger the time to rest. When I arrive in Luxembourg, my brain will probably be confused. At that time, I can only leave my arrangements to you!"

When the two bosses spoke, Yuichi Kashima naturally would not object and did not call coffee again. He used the computer to handle some fragmented work. After resting for a while, he went to the bedroom compartment behind to sleep.

The plane continued to fly in the air. After seven hours, it landed at the airport in Luxembourg. The local time was just around 8 o'clock in the evening.

Yuichi Kashima woke up an hour before the plane landed, tidied up his clothes, contacted the driver who picked up the plane in advance, and when the plane landed, he and Chi Feichi and Masashi Hayakawa got into the car heading to the hotel.

With Yuichi Kashima here, Chi Feichi, and Masashi Hayakawa didn't have to worry about the trivial matters about check-in, he went to the room he made a reservation and fell asleep.

After resting for a night, Chi Feichi woke up and finished reading the remaining information. He met Makoto Hayakawa and Yuichi Kashima in the restaurant in the suite and had lunch together.

After dinner, Yuki Kashima went back to his room to make up for his sleep. Chi Feichi, Masashi Hayakawa took the elevator to another suite upstairs and rang the doorbell.

The person who opened the door was Dalsey.
Chapter completed!