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1690. Consciousness Dungao

Qin Shiou came up and hugged her slender waist and said, "Do you think our melon can be admitted to your alma mater in the future?"

Winnie laughed and said, "That's definitely no problem. She will be a particularly good child. Even if she doesn't go to girls' college, she can still go to a world-renowned university."

The two of them said to look at the little girl on the ground. She was fighting with the bear and loli. The tiger, leopard, bear, wolf, lynx were watching with relish. The bear and loli had more than 100 pounds, but the little girl was not at a disadvantage when she punched and kicked her.

Qin Shiou felt that Winnie was not right to say this, and hesitated: "Why do I think my daughter may not be that powerful?"

When Winnie heard this, she was anxious and said, "Dear, what do you mean? You must encourage your daughter to grow up..."

Qin Daguanren interrupted her and explained: "I know that my daughter will definitely be particularly powerful, but her ability may not be learning. Look at her fighting, if she is better than this, I think her daughter will definitely be a genius!"

Winnie hesitated for a moment and then said, "If you say study, then you probably won't be able to get into my alma mater? There are so few students enrolled every year. I could have been very hardworking and was pretty. What do you mean by your expression? What do you think I was wrong?"

Qin Shiou said: "You just told me to encourage your daughter's growth!"

Winnie said aggrievedly: "But we can't talk lies with our eyes open."

The two looked at each other and finally agreed to the unanimous opinion. Although Melon was less than two years old, she developed rapidly and could almost see the future. This little girl will definitely not be worry-free in the future.

So Qin Shiou said his purpose: "Let's not leave this time, contact your college, let's donate to the school, and donate every year from now on, so that the melon can at least go to a women's university."

Another benefit of donations is tax avoidance. Canada adopts progressive taxes on personal income. Simply put, the higher the income, the higher the corresponding tax rate.

The tax rate faced by the highest income group in the United States is 4%. Canada is higher than this. In addition to levied federal personal income tax, they also have to levied provincial and local personal income taxes. After exploiting them all, Qin Shiou felt that our party had not been called back then. If they could not escape, all these Canadian leaders would have to be labeled as blood-sucking capitalists and criticized them.

Qin Shiou pays nearly 45% of his income every year. This is because he does not avoid taxes, so he has fewer tax avoidance methods. In this way, even if Deloitte accounting firm tries to help him avoid taxes, it will eventually exceed 4%.

So, why didn’t he donate to the school and then avoid taxes?

According to Canadian regulations, donations to schools and charities can be exchanged for a lower tax rate: the donated part of the money may not be included in the taxable income, and the tax rate corresponding to the taxable income remaining after the donation may be much lower than before.

If it is a large donation, it can be tax-deductible or even more than the famous host Anderson Cooper once said half-jokingly in a speech when he returned to his alma mater: "You don't know the Yale Alumni Association enough. Let me give you a friendly reminder: No matter where you go or where you live in your life, you will always be tracked down by them and you will always receive donation letters. If Ben Laden also graduated from Yale, they will definitely find out which cave he hid in."

Anderson's words are a bit exaggerated, but they also reflect a reality that schools attach great importance to donations from alumni.

This is normal. For private universities that do not rely on financial food to survive, alumni donations are an important source of income and are crucial to maintaining academic capabilities, scientific research level, faculty and scholarship scale. Because of this, the work of the alumni association is highly valued, and the core task is to ensure stable and sufficient alumni donations.

Winnie showed him her phone. It turned out that she contacted the official push of the alumni association of her alma mater on Twitter. She said she was planning to donate a sum to the school. Then someone contacted her and asked how much it cost.

"How much?" asked Winnie.

Qin Shiou said: "Ten million."

Winnie looked at him in surprise. He hesitated for a moment and said, "Then it's 15 million? Isn't it better to do it every year in the future? There is no need to donate so much at one time, right?"

Winnie took back her phone, pressed a five million figure on it, and said, "The remaining 10 million is divided into two parts, one to the orphanage and one to the Institute of Major Diseases."

Qin Shiou grinned. His awareness was a little low. He would donate money to pave the way for his children, not really wanting to do charity. To be honest, he hid in the small place on the farewell island every day, and it would be strange if his ideological awareness improved.

But Winnie really wants to do charity. She respects her husband's wishes in this regard. Qin Shiou didn't mention her or her before. Since Qin Shiou proposed it, she must do these things seriously.

When Winnie entered the five million numbers, the phone rang here. Even at night, the call was still very fast. Qin Shiou heard someone there warmly ask: "Is Winnie Shi Luohua? Where are you now? I think we have to have an interview with some things."

This matter was left to Winnie. Qin Shiou planned other charity activities. Since he wanted to donate, the money would have to be used in practice. He simply set up a foundation in his daughter's name. Not only did he donate to Canada, but he also had to donate to some practical projects in China. (To be continued.)
Chapter completed!
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