The video conference ended in a cheerful atmosphere among the people. After all, it was a big year-end bonus. After a busy year, I could finally have a rich Christmas.

The key is that the big boss is generous enough. Of course, Andy is not really so generous, but unless he wants the US National Bureau to take advantage of himself, then it is better to use the money that should have been taxed to buy his own. loyalty.

Reasonable and legal tax avoidance is a means of business operation and a postgraduate study of the accounting staff of an enterprise.

In fact, Andy has done a decent job in tax avoidance. At least after reasonable tax avoidance, and even if all kinds of book liabilities are amortized, he still pays some tax.

Although he can make a legal penny without paying it, after all, the eyes of the people are clear, and with his reputation, if you really do n’t pay a penny tax, it will really become His biggest moral blackspot.

When it comes to tax avoidance, Andy had to admire Starbucks, the scale of tax avoidance and tax avoidance methods were almost cruel.

Since Starbucks opened in the UK in 1998, Starbucks has opened a total of more than 700 stores in the UK. Its financial staff used legal tax avoidance strategies to make it have more than two billion pounds of sales revenue but paid only more than four million pounds. Income tax is given to the UK tax authority.

That's it, Starbucks also complained that the British tax authority does not allow deductions, but compared to the UK statutory corporate income tax rate of 30%, it can be said that Starbucks can hardly lower its taxes and fees.

In the words of Olin Smith, "The financial reports in the UK have always been loss-free, and no income tax has to be paid. In order to gain the trust of investors, as long as we declare that the business in the UK is profitable, tell the investment Sales can be increased.

Although it contradicts the financial report in the United Kingdom, there is no evidence to prove that we have violated the relevant laws in the United Kingdom. It is completely reasonable and legal. We have always been compliant and good taxpayers ... "

It's so grand and eloquent, it's so shameless, just ask if you're convinced!

The feeling of Andy was brought back to reality by the video window suddenly lit on the computer monitor, and the image of Arvitel appeared in the video window alone.

"Say, what happened?"

Andy frowned slightly while looking at the Arvitelli in the video connection, frowned slightly, since Al will report to himself alone, I believe it will not be a good thing.

Sure enough, and Andy guessed it, it was really a bit of an egg.

"Boss, I just received the news. The Associated Press is preparing to report a special topic on investing in the financial industry's funds and expenditures. They visited 21 banks receiving more than $ 1 billion in government assistance and asked 4 questions. How much? Where is it spent? How much is left? How much is left? As a result, no bank gave a clear answer.

It also includes the boss's Intime Bank. "

"What's going on? Didn't I say I want to keep a detailed record of the basic accounts and flows of this aid fund?"

Andy frowned. He knew very well that after the financial turmoil, the U.S. Congress would set up a sub-prime crisis investigation committee, which meant that the accounts would be settled after the fall. Therefore, he took precautions early on. The content has left detailed information and evidence.

You have to know that since the government issued a $ 700 billion rescue bill for the financial industry, many people want to know where the recipient banks used taxpayer money and how they used it.

"The problem is that we have not used this money and have been using it as a reserve fund of Yingtai Bank ..." Alwittlie's mouth slightly twitched, but it looked like he couldn't help laughing.

"Ahem ... well, there is really no way to make it public." Andy also smiled awkwardly.

We must know that the US government's $ 700 billion financial rescue plan is to inject funds into banks through the government's purchase of stocks and other methods to stimulate bank borrowing and increase market flow.

To this end, Congress even summoned the executives of major banks to Capitol Hill, hoping that these banks would actively borrow, rather than keep the money in their hands, or conduct mergers and acquisitions, or even give executives benefits.

But for now, the major banks seem to be indifferent. The Ministry of Finance, which is responsible for allocating money, has never asked about the flow of funds.

"What does the Ministry of Finance mean?" Andy asked with a frown, but in fact this was no other way. The bank had never stopped, and no one dared to lend out the funds in it easily, one by one. They all raised the threshold for lending. Not to mention, they had to spend cash to spend the winter, and no one wanted to fall in the darkness before dawn and be divided by other forces.

"Paulson said they will monitor the use of funds. This morning I received a call from Stephen Nuby, who received a call from Elizabeth Warren, a member of the Financial Aid Monitoring Team, and Yingtai Bank had to call Explain how the funds are being used. "

"Oh, what did I say, these guys, really said they turn their faces, they turn their faces, give them what they want, don't even think about going back, I want to use the money to annex the closed small and medium banks, let Ying Tyson quickly extended its tentacles across the United States. "

Andy sneered again and again, this is Washington's containment of Paulson ’s outgoing Treasury Secretary ’s rescue plan. You must know that Paulson ’s $ 700 billion rescue fund still holds 360 billion The dollar, this fat, is staring at too many people.

The two parties, the Congress, the elected president Okuro, the new cabinet, and the successor finance minister ... Oh, why did Paulson desperately reduce his sense of existence, holding the money in his hands and not using it? He knew that as long as he dared to spend money regardless of the consequences, he would not be very clean at all, and he would face the attacks of all forces. The so-called immunity would not necessarily save him by then!

However, this guy Paulson should also be content. In a year, he spent $ 340 billion, and it is completely enough to die of addiction!

As for how much he has fished, no one knows, and no one can say clearly, who has the right to exemption, a messy rescue fund account, who can tell clearly!

As a vested interest, even Andy does not want Paulson to go wrong. Someone really needs to turn over the old account and do things. He also has to stand in the same camp with Paulson and find a way to cut it out. Paws!

A subprime mortgage crisis, the vested interest groups tied together, including Chase, Mellon, Citi, and other dozens of banks and investment banks, unless someone wants to die, will come to this horse honeycomb!

"The outbreak of the financial crisis and the impact of its lagging period, the large-scale collapse of the US banking industry has begun to emerge, according to data analysis is expected to reach the highest h in the third quarter of 2009 to the third quarter of 2010.

Since November last year, the 202 banks that closed down during the financial crisis were mostly small and medium-sized banks with an asset size of less than US $ 1 billion, accounting for 81.84% of the total number of failed banks, of which 40 had assets of less than US $ 100 million, accounting for the total number of failures. 19.90% of the total; on the contrary, only 10 large banks with assets greater than 10 billion US dollars accounted for 4.98%, and 6 of them received government assistance. "

Alvetrie swiftly grasped the contents of a document and read it to Andy.

"What does fdi (deposit insurance company) mean?" Andy is most concerned about this company that has the power to decide on these failed banks. If you want to take advantage of it, fdi will never get around.

"Acquisition and acceptance are the main methods for fdi to deal with these small and medium-sized banks, and the two methods of operating rescue and repayment of depositors, I am afraid these small and medium-sized banks are not yet qualified." Alvette told the truth.

"Oh, that's good, let's play a game of big fish and small fish, let their flesh and blood nourish the growth of our Yingtai Bank!" Andy smiled happily, he likes this kind of winning ticket I like step-by-step success and a sense of accomplishment towards the peak.