Chen Mo happened to have nothing to do, so he went to San Francisco with Ellie.
At Wells Fargo Bank, Ellie went to sort out her tax return, and Chen Mo also went to the VIP room to read his tax return...
Chen Mo has 3.3 billion in three-year options, which can be used to declare taxes after three years.
As a result, Chen Mo's net profit this year is US$877 million.
Valley Ranch is Chen Mo's personal ranch, a sole proprietorship. The tax for sole proprietorships is calculated based on personal income tax. The current highest tax rate is 35%... But this year's Valley Ranch has many projects and investments that can reduce taxes and deduct taxes.
Expenses, such as barren mountains, wasteland development, irrigation waterway projects in Calabash Valley, and last month’s charitable donations, etc.
The bank filled out the tax form for Chen Mo, requiring him to pay US$243.6 million. It was a relatively normal tax amount. Chen Mo read it and signed it, and then the bank had full authority to handle it.
243.6 million U.S. dollars. Now Chen Mo definitely can't come up with so much cash, so he uses the "option income" as collateral to borrow money from the bank, and uses the loan proceeds to pay taxes. The money from the loan now can be reported to the tax bureau as next year's operating costs.
…
What Chen Mo didn't expect was that Ellie would have to pay US$9.625 million in taxes this year.
Because I was not prepared in advance and could not cause trouble to Bai Xiaoou... That yacht was given by Bai Xiaoou. Although it was listed in an offshore account, it was decided to register the yacht in Hawaii...
Ellie also filed her taxes in advance and took out a $9 million loan from the bank.
However, Chen Mo became Ai Li's guarantor and received the same interest rate as Chen Mo, with an annual interest rate of 6%. This is a very good deal.
Why do rich people like to take loans? Sometimes they have to take out loans. And loans are more cost-effective...
…
After going out to the bank, Ellie stood on tiptoes and kissed Chen Mo on the face: "My dear, I'm back to school, don't miss me too much."
"Well. Go back to school quickly and study hard."
"Huh." Ellie was depressed for a moment and stamped her feet lightly: "I told you not to think about me, I just want you to think about me."
"Hahaha... Okay, okay, I think about you every day, it's okay." Chen Mo said as his phone rang: "Go back quickly, I'll stay with you at night, and I won't be apart for a long time. Look at how you look.
Like a clingy little kitten.”
Ellie pouted and sat in the Maverick driver's seat, waving to Chen Mo: "Bye."
"Bye-Bye."
Answered the phone: "Hello, what's going on?"
Xiong Jieming called, he rarely calls Chen Mo...
"It's nothing. Where are you? I'll pay you back some money." Xiong Jieming said.
"Pay back the money... no need." Chen Mo smiled. Xiong Jieming's one-year university tuition and living expenses, and the second-year university tuition were all paid by Chen Mo in advance. This year's tuition and living expenses, because my third uncle and the others worked here last year,
Chen Mo offered them quite high wages, and they paid for them themselves...
It was almost 100,000 US dollars, and Chen Mo had never thought about asking Xiong Jieming to pay back the money.
"I have something to do. Can I see you?"
"Um...you are at school?"
"In the dormitory dormitory."
"I'm in San Francisco. Come over here. I'm in Union Square. I'll send you an address later..." Chen Mo hung up the phone, drove to find a parking lot near Union Square, and walked to a nearby Starbucks cafe.
Sent the address.
Time flies so fast.
I haven’t seen Xiong Jieming for a long time...
After waiting in the cafe for almost an hour, Xiong Jieming finally came over.
It’s been a long time since I last saw him, and I feel that Xiong Jieming has matured a lot, he is 21 years old after all.
Next to him was a tall and thin man with a lot of acne on his face, which looked a little oozing...
"Cousin." Xiong Jieming walked over with a smile.
"Hey, why are you looking for me?" Chen Mo said, and then took a look at the man next to him. He was wearing a woolen windbreaker. He should be about the same age as Xiong Jieming.
"First, let me introduce to you my friend Wang Hao. He is also an international student. He is my senior and has just graduated from university."
"Um?"
"Hello, Brother Chen..." Wang Hao stood up and said. He had heard Xiong Jieming talk about Chen Mo a long time ago...
"Hello." Chen Mo looked at the time. He had to rush to Fidel City Airport. There were many people waiting for him there: "Please tell me what you want. I still have something to do." After waiting for almost an hour,
Chen Mo felt very unhappy. It was about 20 kilometers from Berkeley to Union Square, and there was no traffic jam during this time period. Originally, Chen Mo had only half an hour to spare...
"Senior Wang Hao founded an Internet company. Its main business is one-to-one online language teaching, including English, Chinese, French, German, etc. This has encountered some difficulties recently..."
Chen Mo frowned slightly: "I've been having a hard time lately." Chen Mo said and looked at Xiong Jieming: "It's about to have a holiday. How are the subjects this year?"
"Very good, I have almost earned enough credits."
"If there's nothing else, I'll leave first." Chen Mo was depressed. It seemed that he was here to attract investment. There are too many online language teaching companies in the market. I don't want to say whether this company has potential, but Chen Mo himself
, and has no plans to invest in other businesses.
"Cousin, can you look at the information of Senior Wang Hao's company? Before the financial crisis, the company was in good operating condition, and many venture capital companies were willing to invest."
Chen Mo has a big head, this Xiong Jieming looks quite mature, why is he only 250 years old?
Chen Mo pulled Chen Chen outside: "Are you familiar with this Wang Hao?"
"I work in senior Wang Hao's company."
"Then...you have shares in this company?"
Xiong Jieming shook his head: "No. But I think this company has good development potential. As long as it can survive this period, it will definitely take off."
"You just said that this company's main business is one-on-one online language teaching... To be honest, I don't understand this and have no interest. You said that this company has good development potential, and there are many venture capital companies in San Jose..."
Chen Mo muttered in his heart that Xiong Jieming could see the potential. Internet companies are basically made of money... Just like the ppyi online payment company, it is said that Garrison Investment Company has become active again and is once again interested in this company.
Hundreds of millions of dollars were spent. If you want an Internet company to develop into a giant, in addition to choosing a good project, you must also throw money into it and throw money hard...
"I guarantee this company is good. As long as it can survive this period of time, it will definitely be able to take off."
"How much does it cost?"
"Senior Wang Hao has prepared detailed information. How about you take a look at it first and then talk about financing?"
"Okay." Chen Mo let out a long breath, trying to save Xiong Jieming's face by not making him look ugly.