Chapter 800： IRS（2）

Of course, IRS is not satisfied with just "chasing money" in the country now. Maybe it is because they feel that this pool of water in the country can no longer accommodate them to toss in it?

wrong! The IRS is obviously upset about the measures taken by those wealthy businessmen and multinational companies who blatantly avoided their investigations, causing huge tax losses.

According to statistics, in recent years, the number of people who have given up US citizenship or green cards has far exceeded the sum of the previous 12 years, including many millionaires and billionaires. Some analysts attribute this to the stringent taxation system of the United States. This is well known. Yes, the richer the people, the less reconciled their hard-earned money, and then give it away.

Although the United States Federal ZF has made the concept of taxation deeply rooted in the minds of the people through hundreds of years of diligent brainwashing, these wealthy businessmen evade taxes through offshore transactions are already a tick on the top of the bald head-a matter of course, and through offshore accounts. Accounting is just one of the lowest tax avoidance methods.

For example, if a person living in Ohio, the United States intends to open an account in a bank in Rome, then the Italian bank is not obliged to inform the IRS of the customer’s income or even the name.

God knows how many people in the United States open accounts overseas? How many accounts have you opened? This makes it difficult for an IRS that is "one-minded for the country". Since 2010, under the impetus of the IRS and the Treasury Department, the U.S. Congress passed the FATCA Act, requiring foreign banks to provide U.S. tax authorities with account information of U.S. citizens. Over the past few years, this highly controversial bill has finally been formally implemented.

On July 1st last year, the U.S. Overseas Account Tax Compliance Act (FATCA Act for short) came into effect. Other countries that have signed relevant agreements are obliged to inform the U.S. about the funds of U.S. residents in that country, and vice versa. Of course.

The IRS’s ‘Tax Pursuit’ has finally taken shape, and this bill is an important "weapon" against overseas tax evasion by its citizens.

According to the law, eligible U.S. citizens and U.S. green card holders must declare relevant account information to the U.S. IRS as long as their deposits in foreign banks exceed US$50,000 and their corporate assets exceed US$250,000.

Foreign financial institutions also need to provide IRS with the overseas account information of U.S. citizens, green card holders, or U.S. tax residents who have traveled to the U.S. for more than 183 days in three years.

One of the major reasons why this bill was passed successfully is that the United States and ZF have signed an agreement on the FATCA Act. According to the agreement, State Z will provide U.S. ZF with financial account information of U.S. citizens, while the U.S. The US account information of national Z citizens will be provided to ZF.

This bill has a great effect on the governance of "naked officials" and other greedy behaviors in country Z. Of course, it is man-made. With the urinary nature of the old and beautiful, they will naturally not kindly make wedding dresses for the ZF of country Z. More In order to recover taxes, as for the anti-corruption work in country Z, they can naturally fool around. After all, the behavior of the tan officials in the country Z to consume in the United States has greatly stimulated the increasingly struggling domestic market.

Therefore, it is foreseeable that before the tan officials spend all their money, it will be difficult for the ZF of the country to make a difference. As for what to do after spending the money, it is natural to kill the donkey.

However, Yang Cheng was not in the mood to gloat over those hapless guys at the moment. He himself was shrouded in the shadow of the horror of the IRS. After a brief communication with Ryze, Yang Cheng thought heavily.

He knows very well that IRS will not come to the door for no reason. Obviously, this is pushed behind the scenes by someone with a heart. If Yang Cheng is involved in the murder case and is also caught in a troublesome tax evasion storm, then he is really dead and cannot die again. Facts have proved that although Americans shun IRS, they are very happy to see that IRS has cracked one tax evasion case one after another from the news. This will make them feel a kind of morbid excitement-they are not easy to live, and others do not think about it. Good time!

To be honest, Yang Cheng is at ease for the IRS investigation for the time being. He does not think that the fortress of tax avoidance created by top actuaries and accountants will be easily broken. If this is the case, there is no need for the financial consulting companies on Wall Street to exist.

These so-called elites, who wander between black and white, control trillions of dollars in black money, laundering the money in exchange for customers in order to win high profits.

Tax avoidance and money laundering are essentially the same work, and Yang Cheng is not the little miscellaneous birds who are not on the table. As for the name, it will not be reported.

Before April 15 this year, Yang Cheng had already completed the tax payment process'honestly'. According to his income in the past fiscal year, if he really paid taxes according to the rules, he would not have to live anymore, but good. After all his income was spent on consumption, investment, and charity, this set of standard tax avoidance procedures went down, and he still had to pay tens of millions of dollars in taxes for this. He was distressed that he did not sleep for several days. Feel.

Of course, this refers to the taxes that he needs to pay personally, not the company's, so there is another set of procedures.

The main reason why IRS is eyeing Yang Cheng now is that he has made multiple investments overseas, some of which have already generated profits. According to the latest bill, these are required to declare and pay taxes in accordance with the regulations~www.novelhall. com~ However, the IRS raised doubts about this tax. Needless to say, it is that Yang Cheng paid less money and did not meet his income.

Haven't special investigators been sent to the company to collect data?

Yang Cheng is confident to deal with this surprise inspection, but he is afraid that the IRS will stalk him, which will cast a shadow over his next series of investments, because he has to worry about the IRS freezing his funds for some reason.

Sending a text message to Ryze to report the situation at any time, he sat back on the stone bench and shook his head with emotion, “This trick is really ruthless. It can cook, but nothing can be played without fire."

I originally thought that the other party was giving myself a chance, but now it seems that they have a comprehensive plan, and they really don't even breathe for you.

At this time, he did not rush to contact his personal accountant. Maybe it was already targeted by the IRS. Once he was found to be in contact with him, he might be treated as a collusion and presented to court as evidence, so Yang Chengqiang Enduring not to send a message, just a simple communication with Ryze, and then, can only respond to the changes with the same, who puts him in prison now, even if there are no more powerful tricks.

But he couldn't do nothing. He got up and went to the iron door and window, leaning against the cold door panel, and said to the agent guarding outside, "Excuse me, please inform Kari, I have important things to look for him."