Chapter 136
Min-june, Attorney Kim, and Tax Accountant Oh visited the National Tax Service the next morning and met with the head of the National Tax Service and a high-ranking official of the National Tax Service to discuss tax issues.
Generally, the global income tax rate is 42% if it exceeds 500 million won.
However, in the case of Min-joon, the general income tax rate could not be applied.
“How did this happen?”
“tremendous.”
“Is all this true?”
“Oh wow, I can’t believe it.”
There was also the problem of having to pay taxes in the United States, and having to pay double taxes when they were brought back into the country.
Then, without having to bring funds into Korea, the remaining money after paying taxes in the United States could be put in a bank account that had been distributed as it is.
Then, in the end, it wasn’t good for Korea either.
It was such an astronomical amount that it was difficult to make a quick decision.
After thinking about it, I reported it to the Ministry of Finance and Planning and the Blue House.
“yes? I beg your pardon?”
“How did that happen?”
In the afternoon of the next day, high-ranking officials of the Ministry of Finance and Planning, ministers, vice ministers, financial planning officers of the Blue House, the head of the National Tax Service and senior officials of the National Tax Service, and even the director of the National Intelligence Service and the deputy directors were seated.
As a result of the meeting, it was concluded that Korea alone could not handle it.
So, I decided to contact the US and discuss it with the US as well.
High-ranking officials from the US government who received the call boarded a plane and flew to Korea.
We got back together and had a meeting.
It was an astronomical amount of money, so it was not easy to come to a conclusion.
Through marathon negotiations, we finally reached an agreement within 3 days.
From Minjun’s earnings, $1,112.56845 million was subtracted from $68.45 million, and $1.1125 trillion was divided in half to pay 40% income tax to Korea and the United States.
So, if you divide $1.1125 trillion in half, you get $556.25 billion, each paying 40% income tax.
Then, after paying $222.5 billion in income tax, Minjun would have the remaining $333.75 billion.
The US and Korea each had 333.75 billion dollars, so the total was 667.5 billion dollars.
In this way, Min-joon paid income taxes to the National Tax Service of Korea and the National Tax Service of the United States.
Then, first of all, he transferred all the funds he had to the head office of Empire Bank in Korea, and then transferred 100 billion dollars to Citibank in the United States.
It also transferred $100 billion to an account at Hells Fargo, and finally $133.75 billion to Bank of America.
The $333.75 billion deposited in the bank account at the head office of the Republic of Korea Empire Bank was distributed and deposited in the accounts of the Empire Bank, the Supreme Bank, and five commercial banks, respectively.
Of course, he continued to prepare the things he had requested from the Imperial Bank headquarters before, that is, a bundle of 10,000 won bills, a bundle of 50,000 won bills, a bundle of 100 dollar bills, and a 1kg gold bar.
“Hmm, now it’s been cleaned up.”
My mind was relieved because the legal and tax issues were handled neatly.
Because it was such an astronomical tax issue, the Korean government and the US government consulted with each other to make a decision.
Even Min-jun could say it was an advantage to pay taxes in only one place.
I even got a 2% discount, which was great.
Anyway, thanks to Minjun, the South Korean and American governments were able to collect huge taxes.
Reporters who obtained information that Min-jun paid astronomical income taxes to South Korea and the United States respectively received a flood of interview requests.
At first, I politely declined.
However, they were not the kind of reporters who would easily resign.
In terms of persistence, reporters were the best.
“Is the persistence of reporters really bad?”
After thinking about it, I decided to hold a press conference.
A press conference was held at the conference hall in the annex building of K Broadcasting Station, and the interest was so great that more than 500 reporters from home and abroad attended.
Minjun, who was waiting in the waiting room while drinking Ahh, eventually followed the officials and appeared at the press conference when the time came.
Click click!
Reporters pressed the shutters of their cameras in unison.
The cameramen also took pictures of Minjun.
This press conference was to be broadcast live and reported worldwide.
Everyone was surprised when Min-jun, who was very handsome dressed in a high-end suit, appeared.
His appearance surpassed that of a handsome movie star.
Minjun stepped up to the podium, bowed his head, and gave a brief keynote speech about the press conference.
About 3 years ago, he bought and stored 20 million online virtual currency bit chains, and when they skyrocketed, he sold them little by little.
In the end, it was that he sold all 20 million of the online virtual currency bit chain he owned a while ago and made a profit of about $1.1125 trillion.
“Heo Eok, $1.1125 trillion?”
“Nonsense!”
“How could such a great thing happen?”
“Is such a huge profit really possible?”
I couldn’t believe it, but it was all true.
When converted into Korean won instead of dollars, it was 1,223.843 trillion won.
Anyway, since Korea and the United States were related to each other, they decided to pay 40% of income tax to each of the two countries and paid neatly.
If the income tax is 40%, it is 222.5 billion dollars each in Korea and the United States.
From noble mtl dot com
Even after paying such an astronomical income tax, the remaining amount was about $ 667.5 billion.
Currently, the world’s wealthiest person announced by Forbes magazine is ranked # 1 with a little over $ 200 billion.
That’s why, although it’s unofficial, now Min-joon was number one in the world’s richest man.
Of course, if Forbes officially announced it next year, he would proudly become the world’s richest man.
Many citizens who watched the live broadcast were shocked.
It was an incredible feat in common sense.
However, it was not a lie to announce at a press conference.
After Minjun gave a simple keynote speech, reporters continued to ask and answer questions.
At only 29 years old, he became the world’s richest man and paid an astronomical income tax.
He was very handsome here.
Reporters wanted to ask more questions, but the press conference ended with an official making a cut.
However, after this report went out, Minjun became the central figure of the topic.
On the Internet, netizens’ hot battles unfolded.
There were also those who quickly investigated Minjun’s background.
I don’t know who posted it on the Internet, but real estate about Min-jun came up.
Each district in Seoul owns buildings, and there are a total of 554.
“Nonsense!”
“Maybe it is true.”
“Look at this.”
A netizen received a certified copy of the register and uploaded it.
Surprisingly, the owner was Minjun.
Soon after, there were actually Minjun buildings in each district of Seoul, and there were 554 in total.
Even more surprising was the fact that the Gwacheon villa was also uploaded.
Real-time issues and search terms from 1st to 10th were all about Minjun.
I guessed how hot the interest was.
Ji-soo was not surprised because he knew, but his father, Lee Kwang-hun, and his mother, Jeong-sook, were shocked to see the news report.
In addition, Han So-yeong knew that Min-jun was rich, but she was shocked because she did not know that he was this rich.
Minjun’s adoptive parents and siblings were also greatly surprised.
I was astonished at the fact that I had bought and held 20 million online virtual currency bit chains, and recently sold them all and made astronomical profits.
Even more surprising was that he was more handsome than the actor, which was shocking.
“You are so handsome.”
“Wow, look at this body.”
“He is also 193 cm tall.”
“amazing.”
“So cool. Handsome.”
As time passed, interest in Min-jun increased.
Requests for interviews came in from here and there, but the calls were either not answered or politely declined.
Then, at the end of November, I appeared on the 7:00 Evening News, which was reported live by S Broadcasting Station.
There were many other broadcast programs, but the reason I turned them down and appeared on the news was because I couldn’t edit them because I was reporting live.
“Whoops, I need to deliver a clear message to the people.”
Since yesterday afternoon, Min-joon advertised extensively that he would appear on the evening news at 7 p.m. tomorrow, so many citizens came to watch it.
The beautiful anchor looked at Minjun and said.
“Mr. Park Min-joon, thank you for appearing like this.”
“I am also honored to be on the show.”
“How does it feel to be the richest person in the world?”
“It doesn’t feel bad, but it is also burdensome.”
“Where do you plan to spend that much money?”
“I am still thinking about it. I think I should use it in a good place.”
“You bought and sold 20 million online virtual currency bit chains, which is amazing.”
“thank you.”
“I looked into it and found that 1-bit chain was not that expensive three years ago.”
“That’s right. When I bought it, 1 bit chain was only 1,200 won.”
“yes? 1 bit chain was 1,200 won?”
“That’s right. I did a search a while ago, and one bit chain went up to 140 million won.”
“·······”
“If you bought 20 million online virtual currency b*tchains, you seemed to have expected them to rise. What do you think?”
“The results already speak for themselves. Others may have thought it was an absurd and reckless investment. Now that I am the number one richest person in the world, no one will dispute that.”
“That’s right. Looking at what has been posted on the Internet, each district in Seoul owns a building. How many are there?”
“I don’t know who it was, but they did a thorough investigation. We currently own 554 buildings.”
“To own not one, but 554 buildings, that’s amazing.”
“thank you.”
“Is there a reason you bought and owned so many buildings?”
“First of all, you can look at it as an investment. And a few buildings are less than 20 stories, but most are 20 or more skyscrapers.”
“These buildings alone will cost over 50 trillion won.”
“of course. In addition, there are villas in Gwacheon, Aqua Castle Villa in Cheongdam-dong, and the King Apartment in Hannam.”
“Oh my, that is amazing. These are luxury apartments and villas.”
“Yes, it is. In addition, we own 10 luxury cars such as Mercedes-Benz Maybach, Rolls-Royce Phantom, Porsche, and Ferrari.”
“It’s amazing to own 10 luxury cars.”
“I didn’t have to reveal it, but I’m taking this opportunity to tell you everything because you seem to have a lot of interest in me. That will alleviate some of your curiosity.”
Min-joon did not hide it and openly disclosed everything.
Swoop!
Minjun took a bottled water that was prepared in his hand and took a sip before putting it down.
Only then did the beauty anchor ask the question again.
“I heard there was a reason you appeared on our news today?”
“That’s right. First of all, I will give a present to the beautiful anchor, Kang Ha-na.”
Min-joon took out what he had prepared under the chair and put it on the table.
The beauty anchor showed curiosity.
“What is it?”
“You’re curious, so I’ll take it out right away and show you.”