America: Starting with Daily Intelligence-Chapter 421 - 219 Foundation

General Sect Leader chewed gum on the second floor of the villa, enjoying the diving activity in the swimming pool downstairs, while new messages popped up on his phone.

Allen glanced at it and saw it was from the celebrity Amanda.

Amanda: Thank you so much for your help today, sir. I haven’t asked for your name yet!

Allen: Just call me Hanberger. Has your issue been resolved?

Amanda: Those Black people have been arrested by the police, but they absolutely refuse to say who instructed them. They only mentioned that they took an order from the Dark Web.

Allen: I had someone look into it for you. It was done by one of your fans, a cyber-otaku. Here’s his personal information [Identity Data Package].

Amanda: Oh my God! Why would he do that? I’ll have the police handle it! Thank you so much! Hanberger, how did you manage to do it?

Allen: I just happen to know a lot of people. But you better not get too close to those who frequently use the Dark Web.

Those old bros on the Dark Web have quite nasty tempers, each more twisted than the last. Things like organ transplants, human trafficking, assassinations, and stealing vehicles are all considered legitimate business there!

Let’s put it this way, General Sect Leader knows a guy whose life experiences can only compare with those psychos on the Dark Web. That kid’s name is Nezha.

What has he done? Cut his own flesh, picked his own bones. Cruel, huh?

It’s all full of such maniacs on the Dark Web.

Inhuman!

Watching videos from the deeper layers of the web, you’ll lose all your sanity.

Amanda: I will! Thank you so much! I hope we can have dinner together sometime.

Allen: There will be an opportunity.

They chatted a bit more before saying goodnight to each other.

Sieg and Blitz finished counting the money and came over to chat and report to the General Sect Leader: "Boss, eight hundred thousand US dollars, not a cent less."

"Each of you take fifty thousand as a bonus. I’ll handle the rest of the money."

Allen thought about the available funds at his disposal, which already amounted to 2.4 million US dollars. Given the current earning pace of Beggar Gang, it was becoming impractical to continue using Green Word Shelter for tax evasion and disguising one’s activities.

He immediately said, "I plan to establish a nonprofit Charity Foundation to donate all of my personal income to contribute to the charitable causes on the West Coast!"

Sieg and Blitz exchanged glances. Do we really need to sugarcoat tax evasion like this?

Of course, they had no objections, since all the money belonged to General Sect Leader’s personal assets. If a Foundation was established, they could also make donations, basically moving money from one hand to another for tax evasion purposes.

Blitz inquired about the registration of the Foundation and said, "To set up a private Foundation, you need to raise at least several hundred thousand dollars initially, and you also need to work with local charity organizations to meet a 5%-8% charity target based on the total capital each year."

"That’s not a problem. We have plenty of people in our team who need help, they’re the homeless, the drifters. Each year I just need to get 8% of the money from the Foundation to donate to our people, invest in them or employ them, who would then spend the money in my stores. I would then donate all the profits back to the Foundation. Wouldn’t that fulfill the target?" Allen said with an indifferent smile.

He had long been considering how to establish a Foundation for tax evasion.

Paying taxes? Impossible, not even a cent.

As for the charity Foundation’s funds, they can’t be invested in any assets related to one’s own business, but if General Sect Leader gives money to the Beggar Gang Disciples, and they willingly spend it in the bars, could the General Sect Leader really stop them?

The internal regulations of the Foundation are confidential. In other words, it’s private standards, I do what I want, and government agencies have no right to examine it!

It’s the Foundation’s money, as long as it’s a positive investment, use it however you like. You just need to see how I meet the charity targets each year.

Otherwise, why would so many top billionaires love to get involved in charity and also invest in the medical industry? Isn’t it all for tax evasion, to spend money wisely?

And even to hire high-end talents and government officials as special employees of the Foundation, on salaries up to hundreds of thousands of dollars a month, securing protection and making bribery look so legitimate!

It’s all legal and compliant.

He immediately sent a message to Rena: I plan to donate all my assets to the Foundation, I need your help to apply and register the qualifications, with an initial fundraising amount of about One Hundred Thousand Dollars. The Foundation’s name will be the Hanberger Foundation.

Rena: Are there any regulations for the Foundation, and what about the office location?

Allen: You help me with the registration, and any commercial district will do for renting an office space. No more than two thousand US dollars a week for rent, since nobody’s going to the office on regular days anyway. As for the regulations, it’s just you and me for now, although I might also hire Dave to work part-time at the company later.

Rena: Ok! You’ve made big money again, I think we need to meet and discuss the Foundation’s model standards in detail, what do you think?

Allen glanced at the time, it was nearly dawn. He readily agreed to her suggestion.

He let Sieg and Blitz continue to party here, while he drove off from the villa.

Tommy, seeing the General Sect Leader leave just like that, was also a bit confused, "Why did he leave? The party’s just getting started, and there are still fun programs to come!"

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