Every December, the Christmas shopping in the United States begins, and American malls are launching a large number of discounts and promotions for the last large-scale promotion at the end of the year.
Most of the companies under Li Zetian's name are high-tech enterprises, and many products have not yet been developed, so there are no big promotions on Christmas. However, the Flamingo Company can add electronic pets to the promotion, and as for home consoles and other games, it is still a long way off!
Sunbird and Atari's big purchases this Christmas seem to be very beautiful. Atari 2600 has sold 150,000 machines, and there are countless game cassettes.
The head of Warner Bros. was delighted.
In an interview with media reporters, he said arrogantly: "The market share of Atari 2600 has increased significantly, further consolidating Sunbird's dominance in the game industry! No competitor can compete with Sunbird. Any company that opposes Sunbird will not end well, and we will not let each other's games land on the Atari 2600 game platform!"
Obviously, this is meant to be a satire on the Flamingo Company!
At this time, the world's major media saw that the "Atari 2600" home game console was so popular, and could not help but lose confidence in Flamingo. Because the more market share the Atari 2600 takes, gamers and third-party software developers will choose the Atari 2600. It is really difficult for the Flamingo Company to catch up.
The media is really overwhelmed by the wind, and for a time, they are optimistic about the Sunbird company and sing the flamingo company.
However, in the eyes of the people of Flamingo Company, this view is simply ridiculous.
As soon as the Flamingo game comes out, who will compete? !
Sunbird Company? Hehe, the garbage games developed can be flooded with water...
Li Zetian is also dismissive of the media's remarks. At the moment, he is busy. You know, as soon as the end of the year arrives, the company's financial statements will come out, and you must file and pay taxes immediately.
There are a lot of properties in his name, and he has to pay a lot of taxes.
Therefore, Li Zetian thinks about how to legally avoid tax every year.
This year, more than a dozen companies under Li Zetian's name generated nearly $20 billion in revenue. Among them, Roche Pharmaceuticals took the lead, accounting for $10.42 billion; Intel ranked second with $3.52 billion; Microsoft third, with $1.65 billion; Hutchison Whampoa fourth, with $1.45 billion; Netflix fifth, $1.23 billion; Star Wars Films, sixth, $950 million; Panda Foods, seventh, $420 million; Oracle, eighth, $290 million…
Total profits averaged 34.5% of revenue, or $6.9 billion.
However, in order to avoid taxes, in early December this year, Li Zetian asked the LY Foundation to establish a large non-profit hospital in Los Angeles, the Cronos Hospital, followed by Microsoft, Intel, Netflix, Roche Pharmaceuticals, Flamingo and other companies. Donate to the LY Foundation in the name of charity to support the construction of the Colonos Hospital, with a total of 300 million US dollars.
The non-profit hospital is not unprofitable, and the profits of Colonos Hospital will belong to the LY Foundation, which can be used to purchase equipment, introduce technology, develop new service projects or provide low-cost medical and health services to citizens.
Although the LY Foundation is a charitable organization, it cannot sit idle. Apart from financial investment, establishing a hospital is a very good choice. It can not only make money, but also conduct medical research, collect clinical data, and strengthen cooperation with Roche and Genentech. Collaborate to promote the development and sale of pharmaceutical products.
For example, Roche has developed a new drug. Without the approval and recommendation of the hospital, it will be difficult to promote the new drug.
In addition, with a powerful hospital, personal health problems are also greatly guaranteed.
After the charity, many companies gave out some of the money to distribute dividends. Li Zetian and Yu Jingqiu received 200 million US dollars in dividends, but they still had to pay dividend tax. Fortunately, the dividend tax is not high, only 20%. If the tax has been paid once, plus the dividend tax, the tax paid in succession may exceed 45%.
So, after tax, Li Zetian and Yu Jingqiu got $160 million. In fact, the two earn a nominal $1 salary at each company, all based on dividends. The tax and dividend tax paid by enterprises are already equivalent to personal income tax, and there is no double tax payment.
In addition, the company distributed dividends, and most of the funds went into the umbrella company, because the umbrella company is the parent company with the largest number of shares. Li Zetian and Yu Jingqiu's personal holdings are not much, and most of them are based on the umbrella company or its subsidiaries. Invest in the name of the company or create a company. When a subsidiary distributes dividends, individuals need to pay a 20% dividend tax, but the parent company does not need to pay tax again. This is a legal way to avoid tax. For Li Zetian, there is no difference between the money in the personal account or the umbrella company account, and he can use it 100% anyway. The Umbrella Company is also affiliated to the Lee Family Trust Company. The purpose of this is to avoid paying 50% of the inheritance tax to the U.S. government in the future!
The LY Foundation and the Li Family Trust Company will be the foundation for the longevity of the Li family consortium, and it is especially important.
After December, the new year has finally arrived.
1980 is destined to be an extraordinary year. Flamingo, Galaxy Network, Sun Computer System, and Violet Records will all make a sound that will make the world tremble in this year!
Li Zetian and Yu Jingqiu went to Hawaii for vacation during Christmas, and only returned to the United States on January 15, 1980. After returning, the two of them began to work on their own. Michael Jackson seems to have become a desperate Saburo. When Yu Jingqiu came back, his album had been recorded, but there were only 9 songs. The album is currently undergoing certain post-processing, including de-noising, sound repairing, polishing, and more.
Li Zetian took the time to go to Violet Records and listened to every song of Michael Jackson. He felt very powerful. Except for the three songs he wrote for Jackson, the other six songs were written by Jackson himself. Li Zetian couldn't help but sigh, the creative genius singer is different! ! !
In the office, Li Zetian, Li Xueyu, and Michael Jackson are discussing when to release a new album.
Michael Jackson said: "Post-production takes a week."
Li Zetian looked at Li Xueyu with a question in his eyes.
Li Xueyu said: "Violet Records bought a large vinyl record production factory, which can produce 5 million vinyl records per month."
"Let's release it on March 1st, and put the record on the Netflix rental store for sale!" Li Zetian said lightly.
Michael Jackson was shocked. Netflix is the largest video rental and sales chain in the United States. It has grown to hundreds of branches, and the scale is huge. Violet Records is the industry of Chronos Li, and the resources that can be utilized are indeed huge!
"Also," Li Zetian said, turning his head to look at Michael Jackson, "Jackson, you can prepare to make the MV now. If the MV is on MTV, it will help promote the sales of the album! The company will spend a lot of money to create the MV and shoot it into a miniature. The style of the music movie! As for how to shoot the MV, it's up to you and Quincy Jones to decide!"
"Okay, Mr. Li." Michael Jackson nodded excitedly.