Chapter 273: Diverting the Risks (1/2)
Chapter 273: Diverting the Risks
Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio
Hearing what Nick had said, Li Du really wanted to just pry open the fella’s head and see whether he had sht for brains or not!
Hans was also stunned Without thinking, he accidentally asked, ”100,000 dollars, you’re taking it?”
Nick said slowly, ”Correct, we accept your offer of 100,000 dollars, but on one condition”
”What condition?”
”Brigha is one of the reat leader that led us to our glory He is the most exemplary President of our church Thus, the value of the distilling equipreat as well”
”Yes, it is indeed” Li Du and Hans nodded in agreement
Nick continued, ”However, unquestionably, 100,000 dollars is too low a value for it Such a price is not worthy of its greatness”
When he heard that, Li Du wanted to give hi to voluntarily raise the price? This is the first ti!
He was acting worse than a rich fool!
Hans noticed that so was amiss, and asked cautiously, ”So, what should its price be?”
”Five hundred thousand dollars, how about that?” Nick continued speaking in a serious tone
”Five hundred thousand dollars,” Hans said ”We’ll get 100,000 dollars, and we’ll return you 400,000 dollars, right?”
”Correct,” Nick revealed a flicker of a s cautious as well He understood what Nick ullible, and they weren’t fools with too e taxes
There was also another possibly: that they were trying to launder!
Through sales and purchases, then giving rebates; on the surface, this would not see
However, froal standpoint, this was a crime
Rebates were a forrey area as to whether it was legal, but as long as bail was procured, the person responsible could be bailed out However, if it were , they would be sent to jail
Li Du shook his head ied Hans to the side ”This business—forget about it It’s too risky”
Hans was also hesitating ”Yeah, this business isn’t worth it, no point in risking it”
One hundred thousand dollars for just alcohol distilling equipment was definitely an extraordinary price If it were sold through ordinary o for at ardless of how much history it had, it wouldn’t be of any use Neither was it a work of art, nor was thereit In thatCoca-Cola bottles
This hy Hans had branded it with the name of someone fa once been owned by someone famous would its value skyrocket
However, the issue noas that the other party wanted to buy it for 500,000 dollars An inco taxes, which were the National Tax and State Tax
Arizona’s tax was relatively low, at 454 percent However, there would also be the federal tax waiting for them Any individual income of more than 410,000 dollars, the relative tax would be 394 percent!
Though, there were some tax rebates and tax exemption policies In any case, with the income of 500,000 dollars, the minimum tax they had to pay was still about 75,000 dollars
This means that the actual profit that they wouldthe 400,000 dollars to the Mor calculated it out, Hans straightaway rejected the offer
Nick shtly and said, ”See, I’ve already said that your offer was too low This was once used by President Brigha So, how does 150,000 dollars sound?”
”With a rebate of 350,000 dollars?” Hans asked