Chapter 70: Moths to the fire
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The Best Entertainment Era
- White thirteen
- 1669 characters
- 2021-03-04 11:22:00
In a bright office, Helen sat at her desk and looked at the lawyer opposite.
Although she is willing to believe Ronan Anderson’s words from an emotional point of view, as a businessman, especially a business that may involve tens of millions of funds, she can’t be careless.
The opinions of more professional and trustworthy people are very important.
"Ms. Koch, we have done a lot of research and practical investigations in the past two days." It was a middle-aged bald man with eyes. He probably got his hair out of his ingenuity, and the Mediterranean was particularly bright: "The law is not If there is any problem, this is the government's policy to attract foreign capital, encourage investment and prosper the economy."
Helen nodded slightly, Ronan was as reliable as she thought.
Balding Lawyer added:
In terms of actual operation, there are currently several film companies engaged in related businesses in Germany, which have contributed to many successful cases, such as Hollywood’s Paramount Pictures, Twentieth Century Fox, etc., New Line Films and Dimen Films. Companies such as the film industry have enjoyed this policy benefit. In addition, TMG is operating Tolkien’s magical epic "Lord of the Rings" trilogy for New Line Pictures, which is said to be approved soon."
Helen asked: "Will there be follow-up troubles? Such as recovery?"
"No." Balding lawyer said with a smile: "This is a law and regulation. Similar operations have been going on for many years, and it is completely legal for tax avoidance."
He added: "The government launched this policy to encourage film investment."
There are a large number of successful cases to be found, and it is the policy introduced by the government. The operation is not a problem at all. Helen turned to ask, "Where is the middleman?"
"This policy has promoted the birth of some intermediate agents." Attorney Tu Ding replied: "Some lawyers and accountants with extensive networks and operational capabilities have also entered this industry to assist foreign film projects in obtaining this preferential policy. Take a lot of commissions."
He smiled: "The intermediary agent hired by Mr. Anderson is a colleague of mine, but they are specialized in entertainment copyright business. They have run two film projects in the past, and they have all been successful. From my personal point of view, this is a success. The rate is still high."
Helen nodded slowly: "So legal tax avoidance is feasible?"
The bald lawyer is very sure: "It is completely feasible, provided that a film partner is needed."
Helen thought for a while and made a decision: "You help Tony register a company as soon as possible, and at the same time contact Ronan and his team of intermediary lawyers to prepare related matters."
"Okay." The bald lawyer is ready: "I will do it now."
After the lawyer left, Helen sat quietly in the office, thought for a while, and picked up the phone.
"Heidi? Yes, it's me, Helen. Is there time this afternoon? Let's go for afternoon tea together? Okay, let me make some friends."
"Louis, this is Helen, and Heidi and I have made an appointment to have tea together in the afternoon, together? Well, we will wait for you."
"Marina..."
Helen knows many rich people, and many of them are troubled by heavy taxes.
Legal tax avoidance is always a topic of great concern to the rich.
With the assistance of professionals, Ronan and Tony were busy for a while, and Koch Films, a company affiliated to Tony, quickly completed the registration.
Ronan’s Shahai Entertainment also signed a copyright transfer and lease agreement with Koch’s film company, and the intermediary team of Mueller’s lawyers began to apply for the tax refund policy.
The main reason why the German tax refund concessions are targeted by Hollywood is that you do not have to wait for the end of the film, but before the project starts, you can get the tax refund funds first based on the estimated income of the comprehensive assessment.
The tax rebate amount is one-tenth of the expected income of the film. Of course, this expected income cannot be reported casually.
Müller’s team is not the first to do this kind of thing. It has a mature operation method, basically the budget cost is multiplied by a factor of about 1.2 to 1.3.
There are ready-made cases in this regard. Tom Cruise's "Mission Impossible" has also gone around in Germany. The film budget is 80 million US dollars. The German company's estimated income is 104 million US dollars, and smoothly received 10.4 million US dollars in tax refund.
Of course, the expected income amount cannot be reported casually, and it will be a tragedy if it fails the review.
The middleman team bundled "Reaper is Coming" and "Ace Agent" into a project package, with a total estimated income of US$50 million.
In addition, Mueller’s team of lawyers is also actively lobbying public relations.
In some ways, this middleman team is Ronan's professional broker in his previous life.
Personal connections and channels, and even family background, sometimes can really be realized directly.
This is Ronan’s first visit to Germany. Although he has a lot of theoretical knowledge, he has never actually operated it. At first, he wanted to cooperate with a German film company. Later he chose a backup plan. The real operation still depends on Germany. Middleman.
In this unfamiliar country, he mostly follows the middleman, watching and learning more.
Of course, Tony Koch is indispensable.
Tony temporarily took leave of absence from the company in Munich, and together with Ronan, he fully managed the tax refunds for these two films.
"If this can be done, only the withdrawal fee..."
After a busy morning, Tony was eating lunch and said to Ronan, "It's just my salary for several years."
Ronan looked up at him and asked: "After finishing these two projects, resign and do this business. I have many movie projects in the future."
Tony nodded repeatedly: "I think so too. Ronan, you opened the door to a new world for me!"
Ronan stretched out his right hand and said, "I wish us a happy future cooperation."
Tony shook hands heavily with him: "Happy cooperation." He retracted his hand and asked, "I don't know how many years this tax refund policy will last."
Ronan shrugged: "I don't know either."
Anyway, this policy seemed to exist in his last year in his previous life.
The original intention of the German government to formulate this tax rebate policy is good, but now Hollywood and even some European film companies, in cooperation with German film companies, are also exploiting loopholes in the policy to a certain extent.
Many countries have movie tax rebates, but the restrictions are very strict. For example, New Zealand, Canada and Australia require more than 80% of the filming of films to enjoy the tax rebate in their home countries.
Even if the restrictions are relatively loose in the UK, some scenes of the film are required to be shot in the UK, and British actors must be used in the crew.
In all, Germany is definitely among the group with the most relaxed tax refund conditions. It does not require filming in Germany, nor does it require the use of German actors or behind-the-scenes staff.
Say these alone, Germany can be regarded as a Hollywood movie job.
Of course, not any submitted project can be reviewed.
This game can only be played by commercial movies with a relatively high investment. The market, economic and financial stimulus that low-cost literary films can play is really limited. The expensive legal fees and intermediary fees are not what ordinary small companies can afford. .
"How is Aunt Helen's progress?" Ronan asked at this time.
Tony shrugged: "It went well. Mom convinced several friends and business partners, and they wanted legal tax avoidance, and $40 million would be in place soon."
Ronan deliberately lowered his voice and asked: "How many points do you smoke?"
Tony opened a hand: "For the first time, it's mother's friend again. It's not easy to take too much." He shook his head and said: "If you don't enter an industry ~ EbookFREE.me~ I really don't understand this industry, a tax refund. The policy actually allows the film company to spend money."
Ronan smiled: "This is just a loophole that can be used to wipe the ball."
"How should my company develop in the future?" Tony asked seriously, "Can you give me some comments?"
Ronan thought for a while. Tony’s career does not conflict with him. When it is done, it will be a help. He said:
Use your Koch Film Company to set up a film fund to raise funds from the society within the legal scope. During the cooperation, you can withdraw higher handling fees...Well, if your foundation actually participates in my film investment, you can also enjoy the film’s profit sharing."
He also has a conscience: "When you have time later, you will go to Los Angeles specifically to witness Hollywood's operating rules."
Hollywood's charm for overseas financial owners is eternal. This batch of people retreats in difficulty, and the next batch will still step on the "skeletons" of the "predecessors".
Tony rubbed his chin: "Sounds great."
Ronan smiled. If this happens, there will be a stable source of funds for investing in films in the future.
There is a consensus in the Hollywood industry that the film financing structure is set up to allow the people who pay the money to bear the greatest risk. Hollywood gets "subsidies" and the distributors are sure to make money. Therefore, overseas fund owners who invest in Hollywood are uncompromisingly wronged.
Tony asked again: "Are there many people interested in film investment?"
Ronan said directly: "Hollywood is like a lamp, and moths are always coming. It is not difficult to attract moths."
(Germany’s policy is to rebate tax in advance. In reality, there are too many real cases. Many movies with virtues co-produced are actually the beneficiaries of this policy. In the past two years, they said that they need to be revised.