Chapter 343 Silicon Valley Shock (2)
“Okay, I’ll go over now.”
David immediately stood up, opened the door and walked out.
In the conference room, the expressions of the heads of middle-level companies in Silicon Valley tensed up instantly when they saw David walking in.
Everyone here knows very well that David summoned them here to definitely not just have a cup of tea with them and have a heart-to-heart talk with them. He most likely wanted to kill them like chickens to scare the big monkeys like Gu Ge and Wei Ruan. .
"Don't be so nervous, everyone, just relax."
David comforted him after sitting down, and continued: "I believe everyone here is well aware that our IRS announced a code name in a few days. I wonder what you think about the tax clearance operation for the "Storm"? "
Everyone here looked at me and I looked at you, but in the end no one dared to express their opinion.
"Mr. Christian, what do you think?"
Seeing that his name was called, the man named Christian had no choice but to bite the bullet and reply: "Since the IRS has decided to launch this tax audit, and the White House has also expressed support, then naturally both I and Cisco support it."
"Okay, Mr. Christian, I appreciate your straightforwardness, but support is not just words. You have to show your actual actions. What do you think?"
"This is natural. After I returned, I asked the finance and tax departments to mobilize and conduct a careful inspection to see if there were any tax problems in our company."
He knew how powerful David was, so he was very smart and did not deny it directly. My company has no tax issues.
“No need to go to such trouble, why don’t I remind you directly that in 2015, our IRS introduced a ‘technology transfer tax preference’ policy for Silicon Valley. The original intention of this policy was I want growing companies like you to share their technology with start-up companies to help them grow. And your Cisco company, relying on this tax preferential policy, has avoided more than 2 billion US dollars in the past seven years. That's right?"
After hearing David's words, Christian's expression changed instantly. If someone looked carefully at his lips, they could even see a slight tremor.
In fact, not only him, but also many people present became uneasy.
When the IRS introduced this policy to Silicon Valley, the original intention was, as David said, to let them help drive the growth of small and start-up companies.
But having said that, although these companies are very tempted by this tax benefit, the core thing of every company is technology. If the technology is shared with small startups, their value will be greatly reduced. .
There will also be a risk of the disciples starving to death of the master.
But later, they finally found a way to get the best of both worlds.
That is, as long as they register some shell companies, or find companies with no development prospects, sign some agreements with these companies, and then share the technology in their hands, they will be able to obtain tax benefits while also not Lose your core technology.
This policy later became a means used by major companies in Silicon Valley to evade taxes.
Today, I dare not say that 100% of companies in Silicon Valley are taking advantage of this tax advantage, but at least 50% of companies are participating.
The reason why Christian and many of the people who were summoned are nervous is because since David has pointed it out, it means that he knows the trick. If we can catch this If the investigation continues, they will not only be charged with tax evasion, but may also be charged with defrauding tax benefits.
They are all listed companies. Once they are accused of these crimes, they will definitely be like a mute Amazon. They will have to shed their skin even if they die.
"What, Mr. Christian? Didn't Cisco, your company, participate in this tax policy?"
Although David was questioning on the surface, in fact, through the review function of Goldfinger, he had already confirmed Cisco is definitely involved in this policy.
“No, no, no, our company has indeed participated in this policy, but I have to go back and ask the department head for details. So, give me two days, and by then we will have Cisco How about the company give you an explanation, Inspector General David?”
You can find out whether you participated in this policy or not, and David pointed it out in front of him, so that means it’s certain. It has been checked, so how dare Kristan open his eyes and tell lies.
"Okay, then I will give you two days, I hope you can figure this out!"
David turned his attention to the other man on the left and asked: "How about Mr. Chenco, do you have any opinion on our tax clearance operation this time?"
"Me and us Of course Aolian Company also supports it. After all, if there is no IRS, our country will be in chaos."
The man named Qinko also complimented.
But David would not let him go just because of his compliment, and continued: "In that case, you Olympic League must also do something to show it, right?"
"Show... ”
Qinke looked hesitant.
“Forget it, let me remind you that in 2016, the IRS launched a tax preferential policy called ‘Technological Innovation’, do you remember it?”
After saying that, Qinke’s face became tense.
Technological innovation tax incentives, as the name suggests, are a policy launched by the state’s Internal Revenue Service in order to encourage companies in Silicon Valley to innovate at the technological level.
Originally, the original intention of this policy was very good, which was to encourage technology companies in Silicon Valley so that their technology could improve with the development of the times.
However, there will always be times when technology encounters obstacles, and there will always be times when innovation fails.
What should we do if we are unable to create new technologies and these companies are unwilling to give up this tax benefit?
Soon, some companies in Silicon Valley thought of a good way to steal chickens.
For example, they have innovated a new technology, which is '12345'. After enjoying a round of tax incentives for technological innovation, they can reorganize this technology into '54321', ' Various combinations of 12354' and '53124'.
Anyway, the IRS is engaged in taxation, and technology is not its strong point. Coupled with the use of some small tricks, this tax preferential policy has naturally become their bag.
The reason why Qinke is so nervous is because over the years, their Aolian company has indeed evaded a lot of taxes by relying on the policy of stealing chickens.
“Our Olympic League has indeed received a lot of tax benefits because of this policy, but that is also because we do have a lot of technological innovation and we deserve it, Inspector General David.”
After some mental struggle, Qinke gritted his teeth and said this.
After all, he is still reluctant to part with the tax benefits that this policy has brought to his company, and if he admits that his company has indeed been stealing this policy, then his company may no longer be able to enjoy it in the future. .
So he decided to bet that David didn't understand the technical issues and that he didn't have enough evidence.
"Haha, Mr. Chenko, I personally don't understand your technology, but it doesn't mean that there are no other people in the United States who understand this technology. So, since you said that your Olympic League enjoys this technology because of its richness, The policy has been in place for many years, so our IRS also has a few friends in the Academy of Engineering who understand the technology. I will immediately ask them to come over to study and analyze it. You, the Olympic Federation, will cooperate, right?" "This..."
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Chenko’s face instantly turned the color of pig liver.
You know, the Academy of Engineering is the highest-level institution in the American technology community. If we invite the big guys here, I'm afraid we can see through the so-called technology of their Olympian League at a glance.
“What’s wrong? Could it be that you are not confident in your company’s technology, or that your so-called technological innovation actually does not meet our policy standards?”
"Forget it, Inspector General David, I take back what I just said. After I go back, I will have someone check our company's tax status, and I will give you an explanation in two days."
That's it. , Qinke knew that if he continued to quibble, there would be no good fruit to eat, so he had no choice but to compromise.
"Check it carefully for me. If there is even a dime missing, I will ask you for it. Do you hear me clearly?"
"Clearly..."
Look Seeing David's stern look, Qenko also felt a little regretful at this moment. He regretted that he shouldn't have made excuses. Now that he had touched the other party's bad luck, he didn't know if he would be in bad luck next time.
In the following time, David asked other people present one by one.
With the example of Qinko in the past, naturally no one dared to touch David again. Everyone said that they would check their company's tax situation carefully after returning, and they would give an answer in two days. It was explained.
……
The gate of the Bay Area branch.
It has been more than an hour since the heads of major companies came here, but there is still no sign of them. This naturally aroused various speculations from reporters on the scene and people online.
"They're coming out, they're coming out!"
At this moment, a sharp-eyed reporter's shout attracted everyone's attention. Looking up, he saw the heads of major companies who had entered before one after another. Walked out.
“Look at the expressions on their faces...it seems a bit silent...”
“It’s more than silent. Look at the man with blond hair on the right. He is a famous company in Silicon Valley. He is the CEO of Aolian Company. If you look closely at his expression, he seems to be about to cry. He must have been given a hard lesson by Inspector General David inside! "
"The people in charge of these mid-level companies collectively have Black faces, that proves that there is a high probability that something is wrong with their respective corporate tax affairs, and they have been caught by the IRS..."
"..."
Through the expressions these people showed when they came out, people paying attention online also made various analyses.
Guge Headquarters Building, in the conference room.
The representatives from major companies invited by Ruian are still here, but at this moment, each of their expressions are not much better.
Because they have already seen from the media live broadcast that most of the middle-level companies that were reported were caught by the IRS.
Otherwise, everyone's face wouldn't be as ugly as a dead mother when they came out.
"Riana, help me contact Qenko, Kristan...them and see if they can come over."
Ryan ordered the assistant beside him, Although he had already made a guess based on the expressions of these people on TV, he still wanted to hear what happened with his own ears.
Soon, the assistant named Ruiana came back and said: "Mr. Ryan, Mr. Chenko and the others said they have urgent matters to deal with and they won't be able to come for a while, but Mr. Christian is. He said he could come over and it would only take 15 minutes to get there.”
Ruian nodded and waited patiently with the representatives from major companies.
Fifteen minutes passed quickly.
The door of the conference room was pushed open, and Christian, who had just returned from the Bay Area branch, walked in. After looking around at the people present, he said: "The giants in Silicon Valley are all We are all gathered here. This is a rare scene..."
"Sit down, Christian. I believe you have guessed the purpose of calling you here. What we want to know is that you were summoned by him. What happened after that?”
“What else can happen? David from the IRS asked us to cooperate with their storm tax clearance operation.”
Christan sat down. However, looking at the worried and frightened giants in front of him, he felt much more relaxed mentally.
He is now like a prisoner who has been sentenced, and his mentality is somewhat depressed.
But these people in front of them will definitely not surrender as easily as they did, and as for the results these people will face, it is naturally difficult to predict.
"So, you agreed to cooperate?"
Rian asked slightly nervously, while others held their breath and listened.
Although these middle-level companies are nothing to giants like them, if these middle-level companies collectively surrender, then the pressure on them will be great.
"We small companies don't have such a big background like you giants. In order to survive, we can only survive by cutting off our arms..."
"Damn it, you have to know that we are both Silicon Valley companies. It’s said that there is both prosperity and loss, how can you do this!”
Before Kristan could finish speaking, a representative from Weiruan interrupted angrily.
Kristan looked at him with dissatisfied eyes and replied: "Mr. Schranz, do you think we at Cisco are willing to do this? We have no choice!"
"In other words, Cisco has been caught by him?"
This time it was Ryan who asked.
"In fact, not only our Cisco, but also the tax situations of our companies that have been summoned have probably been investigated by David!"
"What! ”
Although everyone had been mentally prepared for a long time, they couldn’t help but take a breath when they heard that David had actually found out about all the companies.
(End of this chapter)