Chapter 26 Money Laundering?
The celebration banquet with only three people was held very successfully. Not to mention anything else, in the bar, the fat guy made a ruthless move on his dear Professor Wilson, and he was so immersed in the professor.
Of course, the fat man was not much better. The professor was sent home by Yang Jing, and he slept in the car all night.
Yang Jing wanted to fight the fat man back into the house, but he really had the heart but no strength. As long as the fat man weighed, the two Yang Jing couldn't get him even if they were together...
Fortunately, the temperature in London was mild at the end of September, and coupled with the quilt that Yang Jing brought to Fatty, the Fatty slept in the car all night but didn't catch a cold.
The painting was successfully sold, and it also sold a high price beyond Yang Jing's imagination. This is definitely a good thing. But what followed was another headache.
That's how to deal with this huge amount of cash.
Although using cash to trade when selling paintings can avoid being found by the tax bureau, the same is true for the 2.7 million pounds of cash is not easy to deal with. Yang Jing can't keep that big password box with him all day long, right?
But if it is deposited in the bank, it is equivalent to actively giving the tax bureau a handle. If you really do this, it would be better to use a check or transfer money directly when trading.
In the current informatized society, too much cash is not a good thing. If it is not done well, it will be targeted by relevant departments.
Why do you get so much cash? Where did your cash come from? Are you washing and black money?
Once he gets into those departments, Yang Jing can't explain it even if he's covered in his mouth. At that time, so much cash will immediately turn around and turn into a huge disaster.
If you really get involved in the relevant departments because of so much cash, it is better to pay taxes honestly now. Although paying taxes will cost a lot of money, it is better than going to jail, right?
But the problem is that Yang Jing is really unwilling to pay so much tax.
Yang Jing is a student in the UK and belongs to the category of people stipulated in the British legal sense that "living in the UK for more than 183 days within one year, or living in the UK for more than 3 months each year for 10 consecutive years". Therefore, Yang Jing must pay taxes like ordinary British residents.
The UK tax is actually very dark. The UK implements three excess progressive tax rates in excess, with tax rates of 20%, 40% and 45% respectively. If an annual income exceeds 5,035 pounds, you have to pay personal income tax, while if an annual income exceeds 34,600 pounds, you have to pay personal income tax of up to 40%. When the annual income exceeds 150,000 pounds, the personal income tax is a terrifying 45%.
These three paintings were sold at a high price, but if taxes were paid, it would mean that the £2.7 million would require £1.215 million to be taxed!
Yang Jing was not a rich family. He had never seen so much money since he was a child. Now that so much cash belongs to him, how could he be willing to give so much tax to the British authorities for nothing?
If the money was handed over to the motherland, maybe Yang Jing would do this after thinking about it, but what the hell is Britain? Moreover, he did not come to the UK voluntarily, and he was forced to study abroad by him. Therefore, Yang Jing has never had a good impression of the UK, and now he has to pay so much tax on this country. It's stupid and capable of tyranny!
When the fat man woke up and saw Yang Jing, Yang Jing was grabbing his hair there. If Yang Jing hadn't had a lot of hair, he would probably have been able to catch a Mediterranean head shape right now.
"Brother, what are you doing? I found that something is wrong with you recently! I was idle a few days ago and said to your paws. Why are you doing well now? I said to you, brother, we are only in our twenties and are waiting for us when we are in our prime. You can't be so unlucky..."
Yang Jing looked up at the fat man, and said with a wry smile: "Brother, do you think I am willing to do this? Aren't this all worrying?"
"Brother, what are you worried about? Tell me about it. Brother, I don't know anything else, but I'm just treating all kinds of worries."
"Brother, I'm worried about this." Yang Jing nodded at the silver-white password box, and then told the reason why he was worried with a bitter face.
When the fat man heard this, he smiled and said, "Isn't that just a little thing? Are you so worried about pulling your hair down? Brother, don't worry, brother, since I say I'm going to treat all kinds of worries, I'll leave this to me."
When Yang Jing heard the fat man say this, his eyes suddenly widened.
"Brother, can you trust brothers? If you trust brothers, give me the money temporarily and I will help you deal with the money without realizing it. However, there will be a certain fee incurred, which is inevitable, about 8 points. Whether you want to keep the money in the UK, deposit it at UBS, or order it to return home, it is basically a proportion of handling fees."
Yang Jing asked, "You said it was money laundering?"
The fat man shrugged his shoulders and said, "Brother, don't say that it sounds so ugly, okay? Although we are money laundering, we shouldn't say it myself."
After a pause, the fat man said, "You also know that the domestic real estate industry is not easy to do recently, so since last year, my father has been preparing to change his career and do something else. My father is planning to change his career and then return to the mineral industry, but he is not doing it in China, but preparing to open up foreign markets. After all, in recent years, our country's demand for foreign mineral resources has become increasingly strong, so..." The fat man made a "you know" expression.
"For this reason, my dad has come into contact with several large foreign mining companies and now has offices in London and New York. You know, the funds required for mining are very large, so if you can trust me, I will hand over the money you have to the people in the London office to deal with. In less than a week, the money can become your legal property. But you know, there are really a lot of handling fees for doing such things."
Yang Jing laughed and said, "That's it. If I don't believe you, who can I believe? I would have to share half of you at the beginning. You must not. Do you think I can trust you? Fatty, go and do it with confidence. I would rather pay more processing fees than give the money to the British for no reason."
"Okay, then I'll leave this to me. But Jingge, where are you going to transfer the money?"
Yang Jing lowered his head and thought for a while and said, "Two million pounds should be transferred back to China at the current exchange rate. Anyway, we will graduate in a few months. Anyway, I don't want to stay in the UK, so I will return to China at that time. As for the remaining £270,000, directly transfer it to the card I opened at HSBC."
After the painting was sold, as agreed, the fat man took 6 points and Professor Wilson took 2 points. This is 8 points, and then the laundering fee was 8 points. The 2.7 million pounds left is about 2.27 million pounds.
Chapter completed!