Chapter 310 Dumb Mason, you are crazy!
“Okay, I will pass your words on to them!”
About two hours after finishing the call with Sean, David’s phone rang again, and when he saw the call After showing that it was Donald's number, his mind immediately lifted.
Could it be that Angsa Group’s efforts have yielded results?
Is it so efficient!
Without thinking too much, he immediately pressed the answer button with anticipation: "Deputy Director Donald."
"David, regarding whether to transfer you to the General Administration, the goals of all our senior leaders are now All agreed, but you have to complete a task first."
"What task?"
"Get rid of the dumb horse!"
"Get rid of the dumb horse. ”
David was a little confused.
Of course he knows about Amazon. It is the world’s largest e-commerce platform, with a market value of nearly 2 trillion, and its founder, Jeff Bess, has been the world’s richest man four times. He has a net worth of more than 100 billion US dollars.
But having said that, although Amazon is a giant company in the United States, there are also companies at the same level as him. Why did the senior management of the General Administration insist on naming him to start this company? Woolen cloth?
"This is a thorn in the side. I will send you information about the mute Amazon later. As long as you can handle them, you will be transferred to the General Administration immediately!"
“Okay, I accept it!”
Amazon is a giant company, and it will definitely take a lot of effort to get them, but since the General Administration said that he can be transferred to the General Administration as soon as he gets it done, it is worth doing anyway.
Not long after the call ended, David received a document about the mute Amazon in his mailbox.
After reading more content at the front of the document, he finally understood why the General Administration asked him to take down Amazon, the e-commerce giant.
Because according to Amazon’s financial report data in the past few years.
In 2017, Amazon’s revenue was US$177.87 billion, profit was US$5.6 billion, the federal tax rate was -2.5%, 0 tax was paid, and it received US$137 million in tax refunds from the government.
In 2018, Amazon’s revenue was US$258.22 billion, profit was US$11.2 billion, the federal tax rate was -1.2%, zero tax paid, and it collected another US$129 million in taxes from the government.
In 2019, Amazon’s revenue was US$280.5 billion and net profit was US$11.6 billion. Perhaps under pressure, Amazon finally paid taxes in 2019, but the amount was not very high. It paid a total of US$162 million. Federal taxes.
As for 2021, due to pressure, Dumason also took the initiative to pay some taxes.
However, after all the taxes from 2017 to 2021 are added up, the tax paid by Amazon is actually still 0, because he studies tax policies every year and receives tax rebate subsidies from the government, that is to say In the past few years, Amazon has not only not paid taxes, but has also made a lot of subsidies by relying on tax policies and loopholes.
“Is this mute Amazon so outrageous?”
David had not done any investigation on Dumb Mason, but now that he saw this information sent by the General Administration, he understood how outrageous Dumb Mason was.
As we all know, there is a famous saying in the United States that only death and taxes are inevitable.
But this sentence does not seem to apply to the current dumb Amazon.
You know, in most companies in the United States, even if you have a good background, you still have to pay more or less to the IRS.
Just like Apple, although they avoid most of the tax through various means such as overseas registration and policies, they still pay at least several billion in taxes to the IRS every year.
But you, the mute Amazon, are fine. You don’t have to pay a dime, but you still take money from the IRS every year?
This is more than just a thorn in Donald's mouth, he is simply an assassin!
In order to completely understand the tax avoidance method of this mute Amazon, David read this information almost word for word in the following time.
After more than an hour of searching, he finally understood Amazon’s tax avoidance methods.
First of all, in order to maintain its status as a technological superpower, the United States encourages innovative development, so R&D investment can apply for tax deductions. Amazon’s R&D investment accounts for about 7% of employee wages and benefits, and it has always been at the top of the list. Technology giants are at the forefront, relying on R&D tax cuts to avoid 23% of their taxes every year.
Secondly, Amazon began to develop its European business before 2005. At that time, the United States still imposed global taxation, with a federal tax rate of 35%. The repatriation of overseas income required tax to the United States, thereby reducing foreign taxes and retaining profits abroad. It was Amazon that completed its business reorganization in the European market in 2006 and established a tax avoidance structure of an American-Luxembourg operating entity - a Luxembourg shell company.
This is the same as Apple and most other companies’ tax avoidance methods.
Finally, the deduction is based on stock waivers.
Many companies will issue stock options to senior employees in lieu of salary, and the value of the corresponding stock options can be used as a cost deduction for the company.
The higher the company’s share price, the greater the deductible costs.
The way most companies operate is to buy back shares first, push up the stock price, and then distribute them to employees.
Amazon is different. It does not buy back shares from the stock market, but prints them out of thin air.
The real people who have to pay for this behavior are Amazon shareholders, because their existing shares will be reduced in value as Amazon prints more shares to employees.
This strategy will work as long as Amazon’s stock price rises.
In the past 20 years, Amazon’s annualized rate of return has reached 37%, and its stock price has increased more than 800 times.
By issuing free stock to employees, Amazon offset tens of billions of dollars in federal taxes in 2018 alone.
As for why Amazon can receive tax rebate subsidies?
Like China, many states or localities in the United States will provide some tax incentives in order to attract investment or companies to settle in.
As a result, Amazon relied on its reputation and scale effect to invest heavily in computers, data centers and warehousing and distribution centers across the United States.
According to statistics, between 2005 and 2021, Amazon received more than US$1.347 billion in tax subsidies from local governments through this method.
"It's really a good method!"
After learning about Amazon's tax avoidance methods, David couldn't help but be a little convinced of this company. He also understood why the General Administration insisted on him to deal with this company first. The prickly head is ready.
It is estimated that the General Administration has long hated Duma Amazon. It is only because this company has done a good job in legal tax avoidance and has the support of the Freemasonry behind it that it can endure it again and again. That’s all.
Now the Angsa Group is obviously exerting a lot of pressure on the General Administration. When the General Administration sees that the Angsa Group is determined to establish Freemasonry, then it will directly take action on Dumasun. , it can be regarded as a relief after so many years!
Putting away his thoughts, David picked up the phone: "Ask Bucky Simons Neeson to come to my office." Five or six minutes later, the door was knocked, and three people walked in one after another. He looked at David with a look of 'waiting for your orders'.
“Have you heard about Dumb Mason’s tax situation?”
“Dumb Mason…?”
The three of them paused, and then Simmons spoke first. Said: “Although I haven’t read it carefully, in 2018, our former president sent a tweet about Amazon. At that time, he accused a company as big as Amazon of not only not paying taxes but also paying taxes. Instead, it repeatedly took advantage of the government. Later, it even said that it would introduce a bill to target Amazon, but later it was nothing. Thinking about it now, it should be suppressed. After all, Amazon is the world’s largest e-commerce giant. , the relationship network behind it is definitely extraordinary.”
“Didn’t Dumasun pay any taxes?”
Upon hearing this, Bucky also raised questions.
He also didn’t pay attention to Amazon’s tax situation.
But in his opinion, for such a big company, you don’t say that you have to pay taxes honestly and in full, but you also have to pay some amount to take care of the IRS, right?
Why are you taking advantage of them now?
Is this really a royal method?
Are there any laws?
“Yes, I heard that by manipulating the tax policies of various places, they can not only avoid a large amount of tax every year, but also get a lot of tax subsidies from the local finance.”
< br>“Is it true or false?”
“This is the tax document about Duma Amazon sent by the General Administration. Just come and take a look and you will know!”
Listen to David Bucky didn't bother to ask any more questions and came to the computer first, and Simon Sneerson was not slow and followed closely.
About ten minutes later, Bucky, who had finished reading the whole thing, suddenly became very angry and cursed: "Fuck, this mute Amazon is really outrageous. Even if he hasn't paid a single tax in so many years, he still pays..." You took so much money from us?”
Although he has not investigated Dumason’s tax situation, this is a document sent by the General Administration, and it must be correct.
It lists in detail Amazon’s annual tax situation, and finally concludes that Amazon’s tax payment is 0 and the tax subsidy received is 1.347 billion US dollars. Such an exaggeration and outrageous How could he not be angry about the proportions?
“This bastard is really brave!”
“Director, what does the General Administration mean by sending this document... to let us take action against the mute Amazon?”
David nodded.
“Okay, if that’s the case, then the good days of Amazon are over!”
Although Amazon is a giant company in the United States, even Disney The family, the Swiss Bank, and the Illuminati all fell into their hands, so Nissen was naturally very confident in dealing with them.
"Oh, by the way, let me tell you one thing. The General Administration said that after we deal with the mute Amazon, we can enter the General Administration immediately, so you understand, right?"
Originally, The three people who were gnashing their teeth with hatred for Dumb Mason were shocked after hearing this, and a faint excitement emerged in their hearts.
To be honest, the three of them were also quite disappointed after they went to the General Administration to report their work and failed to get a signal from the General Administration to transfer them.
And now after hearing this promise, the disappointment in their hearts was instantly wiped away, and they were even more motivated physically. They wished they could kill the mute Mason immediately and use it to serve as their entry into the General Bureau. stepping stone.
"Okay, don't be stunned. Let's invite the heads of Amazon's Los Angeles branch back for coffee first!"
"Understood!"
Three The person no longer had ink marks and stepped out of the office vigorously.
Long Beach District, financial center, Amazon branch office building.
It was exactly three o'clock in the afternoon, and the employees here were still working hard. But suddenly, a group of people broke in and broke the tranquility here.
“From the IRS, we would like to ask your Amazon branch manager, financial director, and tax director... to come back with us and cooperate with the investigation!”
I heard it was from the IRS. , many employees present showed scared expressions, and when they saw that the team was led by the "Three King Kongs" under David, the head of the Los Angeles Internal Revenue Service, everyone's heart suddenly froze.
In everyone’s current understanding, Simmons, Bucky, and Neeson are the incarnations of David and represent his own will.
And with the previous incidents such as the Sackler family, the Disney family, Swiss banks, and cryptocurrency being there, this time David actually wants to attack the mute Amazon. How can it be such a small thing?
Definitely nothing!
“What’s going on, what’s going on, is there any problem with our Amazon’s taxation?”
Such a big movement naturally disturbed the executives of Amazon’s Los Angeles branch. They all Jun came out of the office and looked at Nissen and the others with uneasy eyes.
“I didn’t say you had a problem, but would it be okay to cooperate with our investigation?”
"Of course...it's no problem."
Although these senior officials were a little reluctant in their hearts, when they thought that this was an order from David, how could they dare not agree to it.
"Let's go then."
Nissenbaki and others took the senior executives of the Dumason branch downstairs and took an official car back towards the bureau.
The incident at Amazon's Los Angeles branch was witnessed by so many people, and the news spread quickly, and the media and netizens immediately went crazy.
"My hair, wasn't it rumored that Director David was going to take some time off to recuperate? Why did he suddenly take action, and it was such a hot news when he was born?"
"Although it was just a mute horse summoned They are just a group of senior managers of the Los Angeles branch, but since they have already taken action against the Los Angeles branch, it is equivalent to a 'declaration of war' on the entire Duma Amazon Group!"
"Hahaha, it is said that this Dumb Man Group has Mason hasn’t paid a dime in taxes for so many years, so it’s no wonder Director David attacked him!”
“Mason hasn’t paid a dime in taxes. Is this true or false? "
"Really, in 2018, our former president still dissed Amazon on Twitter, but it seemed that some force interfered later, and finally nothing happened. ”
"Is that so? There will be a good show!"
David has been showing off during this period, which has caused many people to lose their fun and become much less interesting to watch, and now he suddenly revealed such a The big news naturally made these people excited instantly.
After they learned that Duma Amazon seemed to have never paid taxes for so many years, many people showed an attitude of indignation.
(End of this chapter)