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Chapter 1028: The Luzon Gold Mining Company

According to the existing tax laws, the income gained from selling shares belongs to non-conventional personal income tax. The tax rate starts at 30% and can go up to 50%, which means that this money must be paid at least 60,000.

Two more silver, but now you only paid more than 20,000!

No matter what method you use to avoid taxes, once the people in the tax department see this 20,000 yuan, they will already think that you are evading taxes.

We must check, check hard!

In terms of economic investigation, the Tax Department is much better than the economic investigation department of the police. They checked all kinds of accounts and rummaged through boxes and cabinets. Even the group of scammers went round and round and transferred the money to seven or eight channels, but in the end there was

One thing is unavoidable, that is, all the money will eventually go into their personal pockets!

And this is enough for the tax department. They are just keeping an eye on your personal pockets. You will know that something is not normal when you have so much extra money.

Moreover, those people are also smart, but they are fooled by their cleverness. This tax avoidance is done through various accounting methods. This process does not mean directly taking gold and silver or bearer banknotes or gold ticket transactions, but transferring them in many bank accounts.

They go back and forth, but they have no idea that these bank accounts are very secretive to ordinary people, but to the tax department, they are their own back garden, and they can check the accounts how they want.

I don't care how you get around it, I just look at how much money you took in the end, and I will conclude that you have evaded taxes. Once I have determined this, I will follow the flow of funds step by step, and it won't take long to straighten out the complete flow of funds, and

A key chain of evidence is formed, which is enough to bring these swindlers to court and sentence them to ten or twenty years.

These scammers from the Luzon Gold Mining Company spent a lot of effort to avoid taxes, but in the end they were dug out and arrested by the tax department.

While arresting people, Chen Lifu also gave the Economic Investigation Department a slap in the face!

In the past, the patrol department did not have an economic investigation department. It was just established at the beginning of the year. However, when this agency investigated cases, it often had conflicts with their patrol department, so Chen Lifu took this opportunity to vent his anger!

The tax department served justice, and then the stock market plummeted!

The stock price of Luzon Gold Mining Company had already begun to fall due to various rumors. It fell from the peak of more than 40 to more than 30. However, after a group of fraudsters of Luzon Gold Mining Company were arrested, the company

The artificially high stocks can no longer be supported. No matter how loud those investors who hold a large number of stocks try to promote Luzon Gold Mine as a high-quality company and are looking for someone to take over, how can they scream!

The price of the stock is a direct avalanche!

How much did it fall?

Ten percent?

no!

Fifty percent? How can this be such a good thing?

Ninety percent drop? You are overthinking!

The stock price of this company in many stock trading companies in Guangzhou fell from thirty-eight taels of silver to thirty-two cents in one day on September 27, that is, after the news spread widely!

That's right, it fell from thirty-eight taels to three taels!

However, the next day, the 28th, the company's stock price had already fallen by 5 cents, directly below the issue price.

By the third day, their company's share certificates were no longer worth the price of scrap paper.

In just three days, this so-called Luzon gold mining company with a market value of more than eight million taels became worthless!

In fact, this company is really worthless. Their company only has one rented office. It turns out that there are more than thirty scammers as employees, but after these scammers successfully sold the shares, they left directly.

, only a few hired handymen are left.

Like the Luzon Gold Mining Company, there are more than a dozen other leather companies with market capitalizations generally exceeding one million. In the end, they all became worthless!

Almost overnight, there was a wailing in those stock trading companies, and many investors who bought stocks that were inflated were crying!

And the very few people who sold their stocks in advance and successfully cashed out were drinking wine, hugging girls, and laughing at those fools!

After the stocks of more than ten companies became worthless, the stocks of thousands of other companies also suffered panic selling. Although there are currently no accurate statistics, according to the forecast report of Royal Bank, the official

It is inevitable that panic selling will occur after the report. By then, the market value of these thousands of companies will have shrunk greatly. A market value of 100 million will become a market value of about 10 million, or even lower!

Although there are more than 3,000 listed companies, most of them are junk companies, and only a few are high-quality companies. The market value of this part of high-quality companies is only about 10 million.

As for other garbage companies, they may be worthless, but these garbage companies combined are only worth a few million taels of silver at most.

Under normal circumstances, the total market value of all listed companies should be around 20 million, but now there is panic selling, and it is normal for prices to fall to extremely low prices.

At the same time, although the entire stock market has shrunk by 90 million taels of silver, in fact, most of the shrinkage is paper wealth. Except for the fools who took over at high positions in the later period, in fact, when people bought many stocks

, the prices are relatively low.

Because the stock price was getting higher day by day in the past, basically people stopped selling after buying it!

In the entire market, a very small number of people have made money, and the money earned is roughly equivalent to about five million taels of silver. In other words, there is another group of people who have lost money, and they have actually lost about five million taels of silver.

.

Is five million less?

Quite a few! But the number of people involved is not that many!

Because these days, stocks are still an emerging business, and ordinary people are not even qualified to touch such high-end things. People who played stocks before were basically speculators. This speculation has not extended to the ordinary people on a large scale.

.

Even nationwide, there are only tens of thousands of individuals involved.

What is the official attitude towards these people?

What kind of attitude can you have? Just pretend you didn’t see it!

Is it possible to take money from the treasury to replenish them? Or is it possible to make those who have made money spit it out?

This is the real world, not an ideal society!

Since you know that the risk is so high, you have to think that you are smarter and luckier than others, and you have to take the risk and gamble. You deserve to lose!

Really smart people sell out early, and after making all their wealth, they jump out of the car early and leave. You yourself are stupidly trying to make more money while driving at high speed. If you don't die, who will die?

Of course, the official will not do nothing!

At least some people must be arrested to let the public vent their anger to prove that the court is still good and the bad ones are all liars!

For example, those swindlers who cheated companies out of money, some of whom were so evil-minded that they even personally manipulated stock prices in order to make money, such as the heads of stock trading companies, etc., were all thrown into prison, and what awaited them was exile.

Go to wild places, such as the Yunnan-Guizhou region, Northwest Town, Da Yuan Prefecture, Qiongzhou Prefecture, Ryukyu Prefecture, or even be directly exiled to the colony of Mindao Island in Luzon.

A few who are of bad nature are directly sentenced to death.

As a result, this stock mania that only lasted for a few months ended just like that, leaving behind some suddenly rich people and some bankrupts!

Finally, the official announced the establishment of formal stock exchanges in Shanghai and Guangzhou. These two stock exchanges were integrated from more than 20 previous stock trading companies that were relatively strong and had relatively formal procedures.

These two stock trading companies are 51% directly controlled by the Financial Services Department to ensure official monitoring of stock trading!

At the same time, various strict laws and regulations related to stock trading were issued, clearly stipulating that no private person or institution may engage in stock trading without approval.

As for the shares of many junk companies, let them fend for themselves and let the investors who hold shares of these companies become shareholders.

For some normal companies, including more than 100 qualified companies, their stock trading was transferred to the two official exchanges and officially listed for trading.

At the same time, in order to stimulate the market and activate the capital market, the Ministry of State-owned Enterprises and the Royal Assets Division will list some of their medium and large enterprises on these two exchanges for trading.

However, people were frightened by the previous stock tragedies. After the opening of these two stock exchanges, there were many fewer investors trading stocks, and they were afraid that they would fall into a deep pit again and be unable to climb out.

Especially individuals, they are even more afraid to play!

But that’s okay. The stock market, whether it was before or now, actually has nothing to do with ordinary people. Today, 99% of the people in the Tang Dynasty are farmers, busy farming all day long to fill their stomachs.

Well, how can I have time to play stocks?

Ordinary people no longer play stocks, but various financial institutions must continue to play, otherwise how can they make money!

Therefore, the stock trading on the two exchanges is tepid, but there is no occurrence of falling below the issue price, which is a good thing for the stock market!

The stock bubble in the autumn of Xuanping 7 made many people know what stocks are and how dangerous they are.

‘Investment is risky’, this sentence is said to have come from the mouth of Emperor Sheng in a commentary article in the Tang Dynasty Newspaper. It spread throughout the country in an instant and became a golden sentence for a while.

When later generations recall the seventh year of Xuanping, the first thing that comes to mind is not the pacification of Southwest China, nor the Tang Dynasty launching the Liaodong Campaign, nor the signing of an armistice and mutual trade treaty with Amada Khan, or even the discovery of Australia!

It's stocks, it's a stock market crash!

Although in the autumn of the seventh year of Xuanping, most of them only learned about the name stocks through the Tang Dynasty Newspaper, they had no idea what ordinary people were before!

But this was the first large-scale and profound stock market crash in the history of the Tang Dynasty, and even in the entire history of China. People even gave it a name, called 'Gold Mining Fever', named after the famous Lu

Song Gold Mining Company!

This leather bag company was set up by a group of swindlers to defraud money, but in the end it was raised by speculators to a market value of more than 8 million taels of silver. It successfully became infamous in history!

I guess in the future, when people think of economic crises, stock market crashes, etc., they will think of this leather bag company. By the way, they will also think of the founder of this leather bag company, Chang Xiyang, who failed to enter the Royal Institute of Technology for three consecutive years and is known as the biggest liar of the century.

But Chang Xiyang, who was in prison, also felt that he was quite unjust. The leather bag company he set up really only bought more than 200,000 taels of silver, and the more than 8 million taels that followed had nothing to do with him!

Moreover, the more than 200,000 yuan was divided among thirty people. Although he took the big share, he only got more than 80,000 taels of silver!

Well, he paid a tax of more than 8,000 taels at that time. After he was finally arrested, not only did he have to make up for the 16,000 taels of tax he had evaded, but the tax department also issued him a fine with an accurate figure.

Wen, no more, no less, just fined all the remaining fifty-five thousand taels of silver.

He actually didn't make a dime, and the same goes for other scammers, who didn't make a dime.

The more than 200,000 taels of silver, not a penny, were all taken away by the tax department!


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