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24.76% Future Receiver / Chapter 161: While doing research, I found a problem and want to make a statement_1.

Chapter 161: While doing research, I found a problem and want to make a statement_1.

While I was doing some research just now, I came across a serious issue. It involves the taxation rate applied to Galaxy Industry. Currently, Galaxy Industry is registered as a sole proprietorship limited liability company. According to national regulations, it has to pay a 25% corporate income tax. Additionally, when the protagonist extracts dividends, he has to pay a 20% personal income tax. If this is added up, 40% of Galaxy Industry's profit will go towards taxes. However, if calculated as an individual proprietorship enterprise, taxes would be paid based on the earnings of an individual business. Given the profit scale set in this story, it would suffice to pay about 35% of the profit in taxes.


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