CHAPTER 52: CHAPTER 52: TAX AVOIDANCE TIPS IN THE UNITED STATES, THE AMBITION OF THE GREAT MING STAR!

Bang! Bang!

The sound of gunshots, intimidating and resonant.

Zhou Mo Sen was wearing earmuffs and glasses, practicing shooting with a handgun.

He was in the middle of American Iaido practice.

This was planned in advance, but he had always been too busy before.

Of course, he was still quite busy now.

However, since there are more doctors and nurses at the clinic, he can steal some moments of leisure.

Moreover, he had an appointment with someone.

"Wow! Wow! That was awesome!"

"No, I’m still a beginner."

The person he had an appointment with was Oden; this lawyer immediately started with a flurry of compliments.

Zhou Mo Sen had a clear self-awareness.

When it comes to guns, he was indeed a novice.

Oden didn’t come alone; he was accompanied by a man in a suit carrying a briefcase.

The man was not tall, but he had a look of shrewdness on his face.

He quickly introduced himself.

"Hello, Dr. Zhou, I’m Inge Stewart; you can just call me Stu. Regarding tax matters..."

He got straight to the point.

Zhou Mo Sen wasn’t in a rush and tidied up the gun first.

As a novice, he chose an M9.

He’s not very familiar with guns; this one was recommended by the club owner.

Start with this, as it’s safe and reliable, and switch later if needed.

The Desert Eagle, for instance, might ruin his hand.

Zhou Mo Sen’s hands were still needed for surgery.

Soon, the three found a table at the club and sat down.

Stu displayed a very professional demeanor.

"Dr. Zhou, I’ve analyzed your case, and my suggestion is to establish a company, then acquire your two clinics, and channel all your income into the company.

Register this company in Ireland; it’s quite convenient there..."

What was he saying?

It’s full of tax evasion strategies!

Stuart was an accountant whom Zhou Mo Sen had Oden find.

Our goal: pay as little tax as possible!

Zhou Mo Sen was making too much money now.

In the United States, people like him who earn so much, all look to avoid taxes.

No doubt about it, all high-income individuals do this.

And tax avoidance has formed an industry chain in the United States.

This requires lawyers and accountants.

Oden and Stuart — they were the team.

The methods Stu described were also fairly common.

The most usual practice, often praised by many public intellectuals and pundits:

an annual salary of one US Dollar!

This is common in the United States.

CEOs take an annual salary of just one US Dollar.

This way, they don’t pay personal income tax.

It’s not just CEOs; even a mayor of New York City did the same.

Many public figures and pundits praised that mayor for taking a salary of one US Dollar.

But originally, that mayor was far beyond the top hundred of the rich list in the United States.

After a few years as New York City mayor, guess what happened?

He directly climbed into the top 20 of the rich list!

That one-dollar salary he took just went unnoticed.

But, this is just one of the methods.

Zhou Mo Sen is currently in a career upswing; he needs to use capital very flexibly.

Stu immediately provided another method.

"Buy stocks."

What?

That sounds a bit unbelievable.

If you buy stocks, wouldn’t managing capital become troublesome?

But Stu quickly provided a perfect explanation.

In the United States, after buying stocks, it becomes a financial tax.

And the biggest feature of the financial tax is.

It’s only taxed upon settlement.

In other words, as long as Zhou Mo Sen bought the stocks and held onto them.

He wouldn’t need to pay taxes!

This sounds good, but I still need to use money.

Simple, very simple.

If you need to use money, you can pledge the stocks to the bank.

No settlement means no tax and doesn’t prevent you from using the money.

It might sound like it adds an extra procedure.

But in reality, it’s not cumbersome at all.

Because there are specialized financial products in the US stock market.

As long as you buy the related financial products, you can quickly obtain funds.

No delay, not at all.

These financial products are designed for the wealthy.

After hearing this, Zhou Mo Sen was amazed and greatly shocked.

He was overjoyed in his heart.

As expected, professional tasks should be left to professionals!

I initially planned to pay less tax.

They provided solutions for paying no tax at all.

But this wasn’t the end.

Stu asked a question.

"I heard previously that Dr. Old Howard passed away."

Zhou Mo Sen furrowed his brows.

How is this related to tax matters?

Stu immediately provided a whole new tax avoidance plan.

"Why not relocate Dr. Old Howard’s body and bury it near his clinic.

This way, you can legitimately turn Howard Clinic into a cemetery company.

Cemetery companies are not required to pay taxes."

Uh, this...

Zhou Mo Sen felt like his worldview was shattering upon hearing this.

Could this really be done?!

But then it awakened some memories.

It seemed that later Mr. T did something like this.

"Let’s forget about this option; let Dr. Howard rest in peace."

Zhou Mo Sen still had some bottom line.

Even though there wasn’t much left.

Stu didn’t say anything; he described a few more tax avoidance strategies.

"If there’s even more money, you can buy land."

Becoming a landowner in the United States can be tax exempt.

However, this option is only feasible at a much later stage.

Right now, Zhou Mo Sen needs to frequently use money.

Additionally, Stu was indeed quite professional.

He didn’t mention one ’common’ tax avoidance method.

In the United States, nonprofit hospitals aren’t taxed.

What’s defined as a nonprofit hospital?

UCLA Medical Center is a nonprofit hospital.

And so is Johns Hopkins Hospital.

In general, those affiliated with universities are typically nonprofit hospitals.

However, Mayo Clinic isn’t one of those.

It’s a publicly traded company.

Nonprofit hospitals in the United States actually make money too.

How could they not?

But, they are certified as nonprofit hospitals.

However, Zhou Mo Sen’s clinic could hardly become a nonprofit hospital.

Stu not mentioning this actually proved his professionalism.

"Alright, from now on Mr. Stuart will be my accountant."

"Happy to serve!"

Matters concerning tax avoidance were entrusted to Stu by Zhou Mo Sen.

This accountant would undoubtedly charge fees, and not small ones either.

But it’s still cheaper than paying taxes.

He and Oden together are more than enough.

I, Zhou Mo Sen, have got my professional team now.

They had a great conversation and went for a meal.

On this day.

After shooting practice, saving a hundred thousand by avoiding tax.

...

Night.

Beverly Hills.

Nicole Kidman, wearing a silky nightgown.

Looked at herself in the mirror.

For a thirty-six-year-old white woman to be in her current state.

Is truly exceptional.

At this moment, she was breathtakingly beautiful.

Although her figure was somewhat flat, her face was strikingly beautiful.

Ranked by many global magazines as one of the most beautiful faces.

But she could still see.

She was aging!

What to do?

She picked up the phone and called someone.

...

The call was received before going to sleep.

Nicole Kidman arranged to meet him.

Zhou Mo Sen accepted the invitation.

But this place was a bit peculiar.

Further south, it’s Tijuana.

This location was a desolate wilderness, the car parked by the roadside.

Looking out, it was a landscape of desolation.

Zhou Mo Sen really didn’t understand, for a big star like her.

Why she arranged the meeting here.

Fortunately, soon the big star arrived in a large off-road vehicle.

"Actually, if you wanted to talk about cosmetic surgery, there’s no need to be so secretive."

In the United States, the acceptance of cosmetic surgery is still quite high.

But Nicole Kidman wanted seriously to say:

"No, I’m not talking about cosmetic surgery. I’m talking about reversing aging."

What?

Zhou Mo Sen was stunned.