Chapter 0009 I want to sell one hundred million pounds
EA and Ubisoft are both among the top independent publishers in the world, capable of independently publishing games and gaming peripherals, while Best Buy is now the largest DVD and game publishing retailer in the United States
William exclaimed to himself: "I never expected that I would become a billionaire so quickly. With this one hundred million pounds, the plans after March this year can be executed more smoothly"
With the addition of game peripheral products that can sell for several times or even ten times their original price, it is no wonder that these game companies and agents do not want to miss out on this game
My suggestion is that you can register a company in the British Virgin Islands and transfer half of your shares from the company in England to the company in the British Virgin Islands, so that your company in England can pay half the taxes.
Starting at 100 million pounds
Wood Morris felt a sudden jolt in his heart as he was looked at by William, thinking to himself: "Does this little brat know something? It can't be, the Baishida board just agreed to go public next year, how could this guy possibly know about it"
In this era, Best Buy truly has no rivals across the United States. However, the company has come close to being acquired by Best Buy several times, but Best Buy has been too arrogant, offering acquisition prices that are too low. These individuals underestimate the rapid development of online shopping, and they are not short of money. However, after March of this year, the situation may not be the same.
William and his party of 6 went directly to the business suite he had booked at the Hilton Hotel, which costs 600 pounds per day and features an office area of over 40 square meters
"Is there any difference between these?" William asked in confusion
You said
Congratulations, Mr. Devenhill. I believe you are about to become the youngest billionaire in all of England. This is truly incredible. William, you have successfully refreshed my perspective on the youth of the new century. You are truly remarkable, William. Congratulations to you
Anthony looked at the young man sitting in front of him, who was not yet 20 years old. According to the information, William Devenshire was born on December 7, 1980, and is currently only 19 years and 2 months old. Suddenly, Anthony had the thought that it would be wonderful if his son could be like William Devenshire in the future
William raised his glass and clinked it with those around him before downing the Scotch whisky in one gulp
Some game agents even shouted loudly: "Are you crazy, Mr. Devenhill? One hundred million pounds, have you lost your mind over money?"
"Alright, this transaction involves over 100 million pounds. I believe a 1% commission should satisfy your firm, Monthi Li & Associates. Any higher would be inappropriate. Moreover, if this business is successfully concluded, I will hire you as my personal lawyer. What do you think, Anthony?" William said, looking into Anthony's eyes.
William ignored the clamoring of these people and instead fixed his gaze on the eyes of the Bethesda representative, saying: "I believe that if Bethesda earns over 300 million pounds after spending 100 million pounds, they would certainly agree, and it would even be of great assistance to your plans for next year, wouldn't it, Mr. Wood"
Anthony said: "William, as long as you are prepared for this, that's good. I was just thinking about how to comfort you. You don't seem like a 19-year-old at all. God bless, I just hope the outside world doesn't find out too quickly; we are not ready yet. No one expected Bethesda to value this game so highly. William, do you know any information?"
However, if these funds wish to return to England, there will be certain difficulties. If one truly wants to return to England in a reasonable manner, the costs will not be lower than honestly paying corporate income tax. The only benefit of doing so is that your consumption and investment outside of England will not be affected in the future
Regarding the quotation from Blockbuster, I still need to report to the company's board of directors. I cannot make a decision on the 100 million pounds at this moment, Mr. Devenhill. I think we should leave it at that for today, and we can discuss it again in a few days. Wood felt uneasy under William's gaze and hurriedly changed the subject.
William looked at Anthony, who was staring at him as if he were a monster, and said, "Well, I have only one request, and that is for everything to be legal"
After listening to William's words, Anthony looked at him as if he were seeing an alien. He thought that the development cost of the game Plants vs. Zombies must be at least several million pounds.
Moreover, now that Baishida is about to go public (i.e., IPO), if it can gain popularity in the United States, it will greatly assist its listing next year. A 1-fold return equates to a 20-fold increase in market value, making the timing of selling very important
William smiled as he looked at everyone who had fallen silent. He knew he had said enough; those who had spent their entire lives in the gaming world were well aware of how much wealth could be generated from games, and there was no need for him to elaborate further
Then, happy cooperation, Anthony," William extended his hand
Although everyone was somewhat mentally prepared, when William mentioned one hundred million pounds, everyone in the conference room still erupted in chatter
Anthony nodded and said: "Yes, Mr. Devenhill, the current hourly contract is no longer suitable. You need our law firm, Monthly Lida, to provide you with comprehensive services. We will assist you in making all the necessary preparations"
However, the greatest drawback of this method is that once the public learns that you have not paid a single penny in taxes on this money, your reputation in English society will be significantly affected, and it could even be fatal. There are quite a few people who have been investigated for not paying even a penny, and even if they ultimately cannot do anything to you, it will still be very troublesome for several years
William smiled and said to Wood Morris, "Well then, gentlemen, let us conclude for today. We shall meet again in 3 days. I look forward to your good news, Mr. Wood Morris"
Anthony nodded in agreement and said: "Of course, Mr. Devenhill, I assure you that everything is reasonable and legal. No one can find loopholes in these tax avoidance methods under the law; this is what our law firm excels at"
"Pleasant cooperation, Mr. Devenhill," Anthony said as he shook William's hand
William, who was staring intently into Wood Morris's eyes, knew he had made the right bet; Baishida currently has plans to go public, just as they did in the original timeline, where they were set to go public next year
Additionally, regarding the receiving bank, if you set your funds account in England, this amount will definitely be subject to taxation. However, if it is set in Switzerland or in tax havens such as the British Virgin Islands, then generally, no taxes will be required. England is not yet able to impose global taxation like the United States.
Currently, the game disc for Plants vs. Zombies can sell for at least £70 million, and the game can also release new versions, which represents another significant source of revenue
The mental strength of William, the junior mage, was subtly informing him that something unfavorable was about to happen to him
The person in charge of Baishida couldn't help but speak after a brief moment of thought: "Well, now we know, Mr. Dewenhill, that you are willing to sell the full copyright of the game. Everything you have said is just to inform us that the prospects for this game are bright. Let me guess, hmm, perhaps you are thinking of selling the game to make a big profit when the market is favorable. Investing in the stock market might double your returns in less than a year. Ha, congratulations, William, you are about to become a millionaire. But I still hope you can straightforwardly tell us how much you want for the full copyright of the game"
Yes, I also did not expect that Baishida had really completed its plans for going public. Everything has come too suddenly, and I am not yet prepared. Anthony, I think we should finalize the British Virgin Islands company this afternoon. I always have a feeling that the time left for us to make arrangements is limited.
After receiving the glass of wine poured by Anthony, William smiled and said: "Thank you, Anthony. I think we need to renegotiate a contract now. I didn't expect things to go so smoothly. Our battlefield is in 3 days. I have received news that Baishida has plans to go public. I now need your law firm to fully cooperate with me, to prepare the plan, release the news, and attract more potential clients. Often, only when there are competitors for something can it be sold at a better price."
Wood Morris was startled by the sudden words that sprang from William's mouth, and he found himself avoiding William's gaze, feeling as though his intentions were clearly seen through by William
the sound of rustling or clattering
I believe you should now involve the bank and the insurance company. With such a large amount of funds, you need to have the insurance company ensure the safety of the funds. Additionally, you should also consider the issue of reasonable tax avoidance. Should the funds be received in England or in another country
After greeting William and the attendees in the conference room, he disregarded the game agents who wanted to finalize the game agency agreement with him today, and left with Anthony, a senior partner at the Yuelida Law Firm, and his team
Yes, Mr. Devenhill, if you wish to receive the money as soon as possible, then it would be advisable to spend some money to insure with an insurance company. If the buyer fails to make the payment by the agreed contract date, the insurance company will pay you first, and the other insurance companies will handle the rest.
Anthony nodded after a brief moment of thought and said, "No problem, Mr. Devenhill, our firm will take on this case"
This is not a problem, William, as long as you are not afraid of being followed by a large group of paparazzi when you go out in the future, I am more than happy to assist you with this favor
That's good. By the way, Anthony, I need you to help me transmit some data from today's meeting room to the public. Of course, there's no need to mention the final price.
Anthony thought for a moment that 1% is over 1 million pounds. Although Molyneux Law Firm is one of the best law firms in England, it is not the only firm with partners; there are dozens of senior partners and hundreds of ordinary partners in the firm. It is unlikely that they would encounter many cases of this nature worth 1 million pounds in a year, and even if there were, it would not be his turn. Moreover, his private lawyer charges 300,000 pounds per year, and such a good opportunity does not come by every year.
Is there really such a good thing? William scratched his head and said, "It's hard to say. Aside from the money for meals and electricity, I don't think I've spent much. Everything was handled by me alone. The game was designed by me, programmed and developed by me, and even the images of the plants and zombies were designed and drawn by me"
Alright, William, I know you are a genius, but I did not expect you to be a genius to this extent. I will organize some other reasonable tax avoidance methods and report them to you in a few days
William laughed and said, "Haha, I suppose I am already prepared to be surrounded by paparazzi taking photos of me. Today's events cannot be hidden for long."
After William and Anthony re-signed the contract, Anthony said: "Mr. Devonshire, since I am now your lawyer, it is necessary for me to remind you of one matter"
Now you tell me I didn't spend any money, see your ghost, Anthony is now feeling a headache
In addition, small and medium-sized enterprises can benefit from a research and development cost tax rebate policy that allows for a 1.5 times refund of R&D expenses. Mr. Devenhill, how much funding have you invested in game development