Chapter 232 Let’s start with Rice Cake Beauty
In the Western Suburbs Bureau, in the director’s office, Nissen walked in and reported: “Director, so far, no company in Hollywood has taken the initiative to declare.”< br>
David put together the information about Rice Cake Beauty Film Company in front of him, placed it on a shelf nearby, and replied: "There are eight major film companies that are suppressing it. It's normal for those small companies not to dare to come forward. Go I went to Mi Gaomei Film Company and invited their person in charge to come over."
"Yes."
Selena walked in shortly after Neeson left and said. : "I received a rumor here, and I think it is necessary to remind you."
"What's the rumor?"
David was a little bit interested, because he knew that the family behind Serena had unusual connections, and the rumor she was talking about this time was probably not trivial.
"I heard that people from Disney are currently lobbying those members of Congress to attack the black tax bill, or... repeal it!"
Words Falling, David's face froze.
After Serena revealed the so-called rumor, he speculated on many possibilities, but he never expected that Disney would be so bold as to think of repealing this law.
You know, the IRS lobbied Congress for many years and spent a lot of effort to pass this bill.
Although it is just a bill targeting criminals, the various regulations contained in it are actually equivalent to expanding the power of the IRS by another three points, which is very important to the IRS. One can imagine.
This bill really needs to be repealed. Not only will the power of the IRS be reduced, but it will also greatly damage the majesty of the IRS!
Wait...
David seemed to have thought of something. He stopped his thoughts and said: "This is impossible. Even if Disney has the courage to do this, such a major I’m afraid they can’t influence a bill, right?”
He believed that the military-industrial complex, Wall Street, energy groups, Silicon Valley giants such as Google, Guge, WeiRuan, Amazon, and Jewish groups could influence such an important bill in Congress.
Although Disney is not small in scale, it is still far behind the above-mentioned groups. It is just a company with a market value of more than 20 billion US dollars. He does not believe that he can persuade Congress to punish them. tax bill.
“Although Disney’s market capitalization is only over 200 billion, don’t underestimate them. I don’t know if you have heard of the infamous ‘Mickey Mouse Act’, although this act is not important. , but since the Disney Group has been able to lobby Congress for multiple revisions, it proves that they have some influence in Congress."
"In addition, this company was founded by Walt Disney. He is of Jewish origin, and this company is still controlled by Jews, and I don’t need to say more about the role that Jewish groups can play in the United States.”
After receiving the letter, To be honest, Serena and his father were ecstatic when the Shine Group was about to lobby Congress.
Because as they said, the big boss behind Disney is a Utahn. Although he is not a core member of the Utahns, the Utahns have always been a close alliance.
When something happens to a member, it is impossible for others to just sit back and ignore it, or do nothing to save it!
Maybe this is the key to provoking a dispute between the Utahns, or the Freemasons and the IRS!
David frowned. According to Serena's statement, there might be some trouble this time. Not to mention whether Disney can lobby Congress, but as long as this gets out, , that would inevitably cause an uproar within the IRS.
And this matter originated from his tax investigation in Los Angeles. If this matter was not settled, how could his investigation continue?
"But there is no need to worry too much at the moment. According to my understanding of Congress, this bill does not affect the core interests of those consortiums or the powerful. Moreover, the United States is currently under financial constraints, and the White House will never allow this bill to be cut. The income and expenditure brought by the bill, therefore, they probably just want to use this to prevent you from pressing them!"
David nodded slightly, agreeing with Serena's view.
But even if this is the other party's bluff, it is still very serious, just like when word came out that their western suburbs branch was going to conduct a tax audit on Hollywood, the stock prices of major Hollywood film companies would plummet the next day.
The same goes for the IRS. As long as Disney spreads the idea of attacking their black tax bill, those who lose profits, such as the criminal groups who have suffered heavy losses due to their black tax bill, will , I am afraid that they will immediately get involved and add fuel to the fire, causing a series of chain reactions in the national tax system.
“Don’t worry, I will continue to help you monitor the movements and latest news!”
Serena felt quite proud in her heart, because she could see that David might really need their help now.
Because when it comes to Congress, not to mention David, even the Internal Revenue Service has little influence. Only the old American political families like them can have some influence in Congress.
......
Half an hour later, Nissen pushed in the door and interrupted David, who was still in his thoughts. He said: "Director, over there at Rice Cake Beauty Film Company People are coming."
David put away his thoughts and replied: "Invite them in."
"Yes."
Under Nissen's leadership. Soon two men and one woman were brought in.
"Director David, my name is Smollett, the CEO of Rice Cake Movies. This is Raymond, our company's vice president, and this is Lucy, a member of the board of directors."
< br>The man at the head introduced himself first, and then introduced the men and women on the left and right.
"Hello Mr. Smollett, Mr. Raymond, Ms. Lucy."
David shook hands with the three of them one by one, then motioned for them to sit down, and finally he sat down too.
“Now that you’re here, Director David, I won’t beat around the bush. In one sentence, what do you want?”
As soon as he sat down, Smollett was very straightforward. Bai asked.
David leaned back and replied calmly: "Since you asked that, I will say the same thing, as long as you rice cakes take the lead and pay the taxes you should pay. , then I won’t embarrass you, it’s that simple!”
Smollett seemed to have been prepared, and directly opened the briefcase and took out a stack of information and put it in front of David: “ Director David, our company’s tax matters are clean. Here is our account book and clear list of tax payments. You can look at it as you like! ”
However, David had no intention of looking through it, and replied with a hint of disdain: "Do you really think that these lists alone can prove your innocence? Or do you really think that I can't find out about your company?" What's wrong with you?"
After saying this, the three people's expressions all darkened.
Since David can find out the problems with so many movie stars from Fuchs Film Company, it is probably not difficult to find out the problems with their rice cakes.
Even if they really can't be found, with David's methods, if he really wants to mess with them, he can just make up any charges just like he did with people from human rights organizations before.
After a long pause, Smollett said: "Chief David, we obeyed your summons and came here today to show respect for you, but I hope you can respect us as well. Us!”
In fact, there is no need for him to come. He can just send a department head to deal with it. The reason why he brought the members of the vice president's board of directors here, as he said, is to express his sincerity and hope that the Western Suburbs Branch will not Let's do some surgery on them first.
But what he didn't expect was that everyone on his side had lowered their profile, and David was still unwilling to let go, as if he wanted to take the lead in taking advantage of their rice cake beauty.
David stopped talking nonsense to him, but used the system function and began to examine the three people one by one.
[Name: Smollett Rowland. 】
[Occupation: CEO of Migomei Film Company. 】
[Monthly income: 1.3 million US dollars. 】
[Detailed income: income from salary bonus and dividends...]
[…]
…
[Name: Raymond ·Clarence】
[Occupation: Vice President of Migomei Film Company. . 】
【Monthly income: 600,000 US dollars. 】
[Detailed income: income from dividends...]
[...]...
[Name: Lucy. 】
[Occupation: Member of the Board of Directors of Migomei Film Company. 】
【Monthly income: 1 million US dollars. 】
[Detailed income: income from dividends...]
[…]
"What an unexpected surprise..."
After scanning the three people's information in detail, David muttered in his heart, and the corners of his mouth gradually curved.
Because based on the review of these three Mi Gaomei executives, he not only mastered a lot of dirty information about the other company, but also surprisingly mastered an important secret of the other company.
With this secret in hand, he can be said to have defeated the opponent today!
Putting away his thoughts, David said: "Respect is not as simple as just talking!"
"Director David, what do you mean by this?"
"Nothing else, I just feel that the words "respect me" should not be uttered by your Mi Cake Beauty Company!"
David's arrogant words made the three of them a little uneasy, and they even looked at each other in confusion
But before they could say anything, David continued: "Speaking of which, among the eight major universities in Hollywood Among the film companies, your fate has been bumpy.”
“You were founded in 1924, and its movie stars include Greta Garbo, Charlton Heston, Clark Gable, and Catherine. The names of Hepburn and Cary Grant are still shining brightly today.”
"The films produced by your company have won a total of 170 Oscars so far. They are the best among the major Hollywood film companies. At one time, they gathered many superstars and created the myth of launching a movie every week."
David's eloquent words made the three of them a little stunned. They didn't understand why the other party mentioned the history of their company.
But before they could figure it out, David continued: "Unfortunately, in the 1990s, with the rise of film companies such as Pixar and DreamWorks, they all seized on the new Compared with the business opportunities of special effects technology and animation technology, your rice cake beauty seems old-school and unchanged. There is also a lack of blockbuster movies after the 21st century, and it has begun to decline. "
"A group of consortiums headed by Su Ni. Mikuamei Holdings Company was established. On April 8, 2005, Mikuamei Holdings Company acquired Mikuamei Film Company through a leveraged acquisition worth US$4.8 billion.
"From then on, The equity composition of your company is: Providence Equity Partners holds 29%; Texas Pacific Capital Fund holds 21%; Sunni America holds 20%; Comcast holds 20%; DLJ Commodities The bank partnership holds 7% of the shares; Sifang Group holds 3%. ”
"According to tax law, companies registered in tax havens such as the Cairo Islands do not have to pay taxes. However, DLJ Commodity Bank Partnership seems to be registered in the mainland of the country. In other words, this US$4.8 billion in leverage has The 7% tax was evaded and diluted by the five major consortiums."
"Do you need me to invite these major consortiums to come over and verify the leverage funds that year?"
< br>The expressions of the three Smolletts suddenly changed, and then they immediately turned to look at each other, but it could be seen that there was deep doubt in everyone's eyes.
Because the funds and equity structure that David mentioned are not public and are confidential information among the secrets of Mijiamei Film Company.
So how did David investigate so clearly now?
No wonder he was able to find problems with so many movie stars and films from Fuchs Film Company.
Judging from the discovery of Fuchs Film Company’s confidential information, it seems that the secrets or black materials of other major film companies may also be in the possession of the Western Suburbs Bureau Is it in hand?
“Director David, I don’t know where you heard this news from, but this leverage of 4.8 billion US dollars has been verified and approved by the regulatory authorities, and there is absolutely no problem!”
< br>Smoley's characteristics were uncertain for a while, because there were too many consortiums involved, and he did not dare to admit it immediately. He wanted to find out how much inside information David had on this leveraged transaction.
“Okay, it doesn’t matter if you don’t admit it!”
David was not in a hurry to refute him, and continued to speak softly: "With the blood transfusion of several major consortiums, your rice cake beauty is indeed showing signs of coming back to life. It's a pity that you had bad luck and broke out in 2008." The financial crisis broke out.”
“After struggling for another two years, until 10 years ago, consortiums that really saw no hope began to abandon you. In the end, you could only declare bankruptcy and seek acquisitions from buyers. "
"In the end, a company called 'Telescope Entertainment' took over your company, but this takeover... was not the same as the previous major consortiums..."
< br>Hearing this, the three Smolletts, who had been silent and listening silently, suddenly became nervous.
David still had no intention of stopping, and continued: "Under the leadership of Telescope Entertainment, you invested in the "Hobbit" trilogy and "007: Skyfall."
"On the basis of "The Hobbit: An Unexpected Journey" grossing US$1.017 billion globally, "The Hobbit: The Desolation of Smaug" once again grossed US$925 million at the global box office, plus the 007 series movie "Skyfall" "The huge success with a box office of US$1.108 billion"
"The investor, Mi Gao Mei, has successfully escaped from the debt crisis. Your company has also revitalized its TV and film businesses and launched another series in 2014. His new films include "RoboCop", "Hercules", "The Hobbit" and "The Hobbit: The Battle of the Five Armies", etc., which has truly brought back the dead!"
"But then again, you guys! The film that was released later was indeed a big success, but are you sure it can really stand up to our investigation?”
The meaning of David’s last words is already obvious.
Although these films released by your company are indeed very popular in the market.
But if you want to become bigger and stronger in Hollywood, you must take a different approach.
A company like Fuchs, which is so large, still needs to exaggerate the capital costs of various movies, so as to increase the market value and finally sell it to Disney at a good price.
Don’t you, Mi Gaomei, just want to copy Fuchs’s routine? !
Smollett squeezed his sweaty palms and asked fearfully: "Director David, what do you mean by this? Our films have been strictly reviewed by the market. How could they pass?" Can’t afford to investigate?”
“Stop fucking pretending to me, your Mi Gao Mei is currently negotiating an acquisition with Yamason. Do you really think we don’t know?”
Seeing that Smollett was still making excuses at this point, David was also a little unhappy.
When they heard David's words, the three Smolletts were all stunned, and even the corners of their mouths couldn't help but twitch.
“If a giant company like Amazon wants to acquire a film company of your level, it must be approved by the anti-monopoly regulatory agency of Oumeng. However, your company has a lot of bad things. If you want to acquire a film company of your level, There are only four words to pass, it’s as difficult as reaching the sky!”
“So several senior executives of your company are busy ‘entertaining’ with the officials of Oumeng’s antitrust supervision. Do we need to do this? Making a fuss?”
The most important piece of information David got from examining these three people was the information that Mijiao Mei was negotiating an acquisition with Amazon.
Hollywood movies are actually in decline today, and the same is true for the eight major film companies.
In this era where capital is king, if you want your company to survive, you must find a strong backer.
For example, Fuchs Film Company found Disney, an industry giant, and was acquired by this giant in 2019, successfully getting involved.
If Mi Gaomei wants to continue to survive in the film industry, the best choice is to find a backer, and according to the information obtained through review, they are looking for Amazon, the Internet giant.
At present, the transaction between the two parties has reached a critical stage. If the IRS gets involved or creates a scandal for this rice cake beauty, then this transaction is a sure deal!
Thinking of this, David crossed his arms on his chest, and Mi Gaomei spent a lot of effort to make the financial report look good, so that the dumb Amazon would like it.
He didn't believe that at this juncture, the senior executives of Mi Gao Mei wanted to expose their company to a scandal.
If you don’t want to be exposed, you can only do what he asks!
In fact, after hearing David say that Amazon wanted to acquire them, the three Smolletts were completely in disarray.
Because their rice cake beauty company has put all its treasure on the success of the acquisition by Amazon. If David really causes some scandal for them at this stage, then the acquisition will be 100% 90 has to fall through.
As a result, not only a few of them will face bankruptcy, but the entire company will also do the same. Those shareholders holding stocks will kill them!
(End of this chapter)