American Tax Officer

Chapter 416: 500 Billion in Tax Revenue_2



"Can we really just shut down and face off?"

"That would only result in heavier losses!"

With this realization, there was nothing left to discuss among those present, and after Gates left, they all departed.

Three days flew by.

After much contemplation, the heads of the major companies, after repeated considerations, still didn't dare to confront the Internal Revenue Service.

Ultimately, the overseas-registered mega-corporations promptly moved their registrations back to their home country.

Seeing this outcome, both Obadiah and Daiwell from the IRS breathed a sigh of relief.

It seemed that these corporate giants were sensible after all.

Since they chose to move their registrations back, it was time to patiently see what their tax payments would be like.

...

A week later, in the IRS's conference room.

Obadiah Donald, David, and other senior officials were present, creating a somewhat quiet atmosphere. Occasionally, someone would glance towards the door as if waiting for someone.

Finally,

ten minutes later, a person holding a report entered. It wasn't just anyone, but the head of Economic Taxation, Candona.

"Chief, ladies and gentlemen, after the major companies moved their registrations back, a preliminary report has come out. The Offshore Tax Avoidance Bill has added a tax revenue of 563.32 billion US dollars," Candona announced.

Upon hearing this, everyone present brightened.

The tax revenue from the bill was almost as expected.

"Wait a minute, Candona, are you sure these figures are accurate?"

Donald was well aware of the nature of those companies, which prompted his question.

"Well, this data is reported by the major corporations themselves, and we've had inspectors checking the books, so there shouldn't be a big discrepancy!"

Although Candona said there was no problem, his words still betrayed a hint of uncertainty.

Even with the Offshore Tax Avoidance Bill enacted, the legal and tax departments of the mega-corporations were not to be underestimated, and there was still a potential for exploiting loopholes; how could he guarantee anything?

"Chief, although our people have checked, I think these capitalists might not be so honest. How about we dispatch an investigative team from headquarters to places like Silicon Valley to check again?" Donald proposed.

Silicon Valley was economically significant, and the IRS naturally needed to ensure there were no issues; they couldn't let these capitalists play them.

"That's fine!"

Obadiah nodded, then looked at David, "Inspector David, do you have anything to add?"

"Sending an investigative team to verify again would indeed be more prudent."

To be honest, David also didn't quite trust these capitalists; it was best to verify everything again.

"Alright, that's settled then. By the way, how are things on Wall Street?"

"Everything is progressing normally, but with the mid-term elections becoming increasingly pressing, I can only manage Wall Street remotely. I need to focus on the election now."

"Yes, the reason the Big Three Groups aren't getting too involved in the foundation and the registration issues is because they aim to regain control of Congress in the mid-term elections, hoping to regain everything. So we can't let them succeed, this matter will need a lot of your attention, let us know if you need anything."

"Understood, Chief."

...

After the meeting, David returned to his office, calling over Kepel and asked, "Are the preparations for the midterm elections ready? Where should I start now?"

Kepel placed a document in front of David, opened it, and pointed, "This is about the situation of the candidates for Senator in New York State. Currently, the two most supported senators in New York are Langman, who is not only the incumbent senator but also a member of the Freemasonry, and the other is former Governor Stevenson of Nevada State..."

"Stevenson..."

Hearing this name, David couldn't help but remember the time he had led his team to kill the man's son and later single-handedly ousted him from office.

After that, he heard that he had gone to New York State to run for Senator. However, David hadn't had time to pay much attention to him because there were too many other matters to handle.

"According to CIA and NSA data, given the former Governor's negative reputation in Nevada State, it was initially challenging for him to garner high support. However, his team later changed their strategy to primarily target the victims of the Black Tax legislation, i.e., those criminals, depending on the support of criminals all over New York State to boost his polling numbers."

"I see... What do I need to do?"

"According to the information, several major crime bosses in New York State have reached an agreement with him to round up the criminals' votes across the state and provide him with a political donation. If we can get hold of this information, we can foil his electoral ambitions!"

"Is that so... Alright, then help me arrange the itinerary; I'll head to New York in two days!"

David thought for a while and then said.

In fact, when he was in Nevada State, he had already gathered compromising materials on Stevenson, but those were no longer suitable for targeting the current Stevenson.

To destroy Stevenson now running for Senator, he indeed needed to use compromising materials related to this election campaign.

...

Two days later, at an underground money house in New York.

Just as the accountants and a large number of staff were busy counting cash, suddenly a huge explosion startled everyone.

"Put your hands up, and put them where I can see them!"

Before these people could react, numerous armed personnel loaded with guns burst in.

Seeing such a display, those security personnel on site who had regained their composure were about to draw their guns in retaliation, but when they saw the Internal Revenue Service logo on the armed personnel, they immediately abandoned the idea and raised their hands high.

Meanwhile, about fifty meters from the money house, a few vehicles were parked on the road, and in the middle one, the Cadillac Beast, sat David and Manson Jerry Lalin and others.

"It's safe inside."

Listening to Manson's report, David with his sunglasses pushed down his propped leg, got out of the car, and walked towards the money house.

Once inside, David scanned the scene with his gaze until he spotted a man lying on the ground, terrified half to death, where he stopped his inspection.

David then strode forward, helped the man up, dusted off his suit, and said with a peaceful expression, "You're the manager here, right?"

"Yes, I am. May I know why you are here..."

"The Internal Revenue Service is looking into you all, and it inevitably pertains to taxes. But let's put that aside for a moment; I'd like to first get some other information from you."

"What information?"

David didn't speak but instead took a piece of paper out of his pocket, handed it to him, and said, "I need all the business information about these people here at your facility!"

The man took the paper and after looking at it, shook his head like a rattle drum and replied, "I'm sorry, that involves our clients' privacy; I cannot disclose that to you!"

"Fake Yau..."

Manson was about to step forward to teach him a lesson but was stopped by David's hand.

David still looked at the man serenely and said, "You earn 150,000 US dollars a month, and your tax liability is 42,000 US dollars. That means, according to the Black Tax law, you evade 42,000 US dollars of tax every month. Do you know what this means?"

The man's eyes widened, evidently surprised that David knew his financial income so clearly.

But soon, he countered, "According to the Black Tax provisions of your Internal Revenue Service, suspected evasion of the law just means paying back what's owed and maybe a bit more in fines. That's not too much of an issue, right?"


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