Open business day-to-day

Chapter 510 The capital "Xiayi"

Naturally, it is impossible for Tianxia to start such a large-scale infrastructure project and use such a huge amount of funds, relying on the country's own financial resources.

Seriously speaking, Tianxia currently has no financial income at all, not only has no income, but also owes Lin Rui 300 billion US dollars in debt.

Otherwise, let alone completing the land reclamation project of the capital "Xiayi", there is not even the basic funds to maintain the operation of the government.

In addition, the Tianxia capital has just completed the naming work, and Lin Rui personally named it "Xiayi", which can also be called "Xiayi City."

……

Without Lin Rui's support, let alone the land reclamation project, there was no construction funds for Xiayi.

It is also impossible for him to directly lend more than 2000 billion U.S. dollars to Tianxia. Although this is nothing to him, there are more effective ways.

After discussions by the think tank, in order to further strengthen the control over Tianxia, ​​another plan was proposed.

Lin Rui and Tianxia cooperated to jointly carry out the land reclamation project, Tianxia provided the islands and reefs, and Lin Rui provided the funds.

Lin Rui owns 64% of the island, Tianxia 36%, and the sovereignty still belongs to Tianxia.

In this way, Lin Rui is completely in charge of land reclamation. Tianxia only needs to provide the islands and reefs, and he can obtain 36% of the property rights of the islands, which will be expanded tens or hundreds of times after land reclamation.

With economic benefits in the future, not only will you obtain a stable source of funds for free, but you will not have to bear huge debts.

Otherwise, with Tianxia's financial situation, the debt of more than 2000 billion U.S. dollars will take years to pay off.

In this way, there is another benefit, Lin Rui's control over Tianxia is more in-depth and comprehensive.

It can fundamentally solve Tianxia's control problem.

……

The same is true for the construction of infrastructure and supporting facilities in Tianxia's capital "Xiayi". The construction funds of 980 billion US dollars are simply not what Tianxia can afford, let alone be able to afford.

Even if government bonds are issued, only Lin Rui dares to subscribe. Even if Lin Rui subscribes in full, with Tianxia's financial situation, it will take years of monkeys to pay them off.

This approach is not desirable.

For this reason, the think tank proposed another cooperation plan, the infrastructure construction and ancillary facilities construction funds of 980 billion U.S. dollars for "Xiayi", all provided by Lin Rui for free.

Tianxia only needs to put the permanent ownership of half of the land in "Xiayi" under Lin Rui's name.

Since the capital, Xiayi, is a reclamation project led by the Tianxia government, and it is also the capital of Tianxia, ​​all property rights are in the hands of the Tianxia government.

When the infrastructure construction is completed, the value of these lands will be highlighted and can also be used as bargaining chips for transactions.

Naturally, there will be no obstacles in this matter. Lin Rui has the final say on both sides, which is no different from left-handed to right-handed.

Subsequently, the two parties formally signed an agreement, and the content of the agreement went further than the initial plan.

You Lin Rui provided the capital "Xiayi" with 980 billion US dollars of infrastructure and ancillary facilities construction funds for free, and subscribed for another 200 billion US dollars of Tianxia government bonds.

Tianxia transferred the permanent property rights of 40 square kilometers of land in the capital "Xiayi" to Lin Rui's name.

Lin Rui is free to carry out all kinds of construction work on the 40 square kilometers of land in the capital "Xiayi", whether it is a luxury house or a variety of commercial facilities.

A total of 81 square kilometers of land area, Lin Rui accounted for 40 square kilometers, leaving 41 square kilometers.

On this 41 square kilometers of land, various infrastructure and public facilities need to be built, such as roads, bridges, parks, squares, hospitals, libraries, sports halls...

After careful calculation, after removing these infrastructure and public facilities, Xiayi's real free land is only about 25 square kilometers.

Not to mention Lin Rui taking advantage, on the same terms, countless countries around the world rushed to him.

Given Tianxia's geographical location and conditions, if it weren't for Lin Rui who took advantage of the money, there might not be much change in hundreds of years, and it is still one of the poorest and most backward places in the world.

This deal can be regarded as a win-win situation for Lin Rui and Tianxia.

I don't know how much Lin Rui will earn in the future, but he has taken a step further in controlling Tianxia, ​​which is his goal.

Although Tianxia provided half of the land for free, without spending a dime, a barren island has directly become an ideal city with the world's top infrastructure and the most advanced technology.

No matter how you look at it, it's all earned!

……

That night, after Sun Yutong and Lin Rui had an in-depth exchange, they raised a question again, which was also an annoyance to the Tianxia government.

How does the Tianxia government generate income?

As an island country in the Pacific Ocean, it is very far away from other continental countries, and is currently undergoing large-scale infrastructure construction, with almost zero local business activities.

Not to mention taxes.

In these years, Tianxia's taxation department has been useless, and there is no work at all.

As the Prime Minister of Tianxia, ​​Sun Yutong has a lot of ambitions in his heart, and he doesn't want to just lie down and rely on the issuance of national debt to survive.

If you want to find some ways to generate income for Tianxia, ​​even a little bit is fine, it's better than nothing at all.

She didn't know how to solve this kind of problem for a while, so she could only find Lin Rui to find a solution.

……

Lin Rui really figured out a way, whether it is Weiyang Technology or the major subsidiaries of Xingkong Technology Group, all overseas businesses actually have to pay taxes.

As a large global company, unlike those offshore financial companies, there are many types of taxes, even if you register in major tax havens around the world, some taxes are simply unavoidable.

Even if the place of registration is changed to any country, it is the same, but some countries have more preferential rates, and some have less.

Just like the Netherlands, as Apple's headquarters and registered place in Europe, in order to attract Apple to stay in the Netherlands, it has given great tax incentives and even exempted some of the taxes that must be collected.

This incident was finally noticed by the European Union, which not only strongly condemned the Netherlands, but also accused Apple of tax evasion and tax evasion, and must make up for the underpaid tax of more than 100 billion euros to the Netherlands in previous years.

In the end, the Netherlands accepted the more than 100 billion euros in taxes paid by Apple in tears.

The Netherlands really doesn't want to accept it. What he cares more about is the long-term benefits generated by Apple's stay in the Netherlands. If the tax is high, what should Apple do if it leaves.

However, there are some taxes that you don't want to collect if you don't want to.

If you really want to do this, the tax you collect is low, and there will always be countries that charge lower than you. If the introversion continues, everyone should stop collecting taxes, and let's drink the northwest wind together.

As for the tax issues of multinational corporations, this is a consensus of most countries in the world.

Of course, for companies that only develop in their own country, there are not so many restrictions, and the country has the final say on whether to accept or not.

As multinational companies, Weiyang Technology and Xingkong Technology Group have many types of taxes, which is inevitable.

As a member of the Commonwealth of Nations, there are still some benefits. If the registration place of overseas business is changed to Tianxia, ​​some taxes can be directly paid to Tianxia.

Whoever is handing it over is not paying, paying taxes to Tianxia, ​​but the fat and water will not flow into outsiders' fields.

In this way, with the overseas business scale of Xingkong Technology Group and Weiyang Technology, they can also contribute billions of dollars in taxes to Tianxia a year.

With the government's financial revenue, the tax department can also do a little work.

(End of this chapter)