Supreme Sacred Ring, Carefree Tycoon!
In the 80s, a good-quality old Hainan Huanghuali round-backed armchair from the Qing Dynasty could be yours for just twenty yuan. Now, two million yuan o...
The huge Blue Whale quickly moved eastward along the coastline of Siberia. A week later, it rounded Cape Dezhnev, the easternmost tip of the Eurasian continent, entered the Bering Strait, and then quickly passed through the strait and entered the Pacific Ocean.
Ten days later, the Blue Whale entered China's Yellow Sea. On the first night after entering the Yellow Sea, Yang Jing ordered the ship to stop.
It is already early September, and a typhoon has just passed over the Yellow Sea a few days ago. The Yellow Sea is now as calm as a big mirror.
No one knew why Yang Jing suddenly ordered the ship to stop, but no one dared to disobey Yang Jing's order. Many crew members, including Captain Andre, found that since leaving the Tilo Islands, the power of this big money owner has become stronger and stronger. At first, the traitor Lin Dan could still talk to this boss, but later he simply didn't dare to talk to him.
At night, the crew in the cockpit discovered a speedboat approaching the Blue Whale, but no one dared to leave the cabin without the boss's instructions. The crew knew that the speedboat was obviously arranged by the boss, but they didn't know what the speedboat was going to transport for the boss.
Yang Jing ordered the bodyguards, including Chris, to stay in their respective cabins to rest, but Chris and the others had already guessed what this speedboat was used for.
After staying in the Yellow Sea for about six hours, the Blue Whale started again and headed straight for the island city of China.
Inside the cabin, Gege asked Yang Jing: "Have all those things been transported away?"
"Well, it's been shipped away. Now there's nothing to worry about."
"Is it appropriate for you to do this? You are evading taxes." Gege asked a little worriedly.
Yang Jing smiled bitterly and said, "How can we not do this? The two treasures we got on this trip are too valuable. If we were to pay taxes according to normal procedures, your husband would be bankrupt overnight."
"But these things of yours are not for trading. They are tax-free."
"That won't work either." Yang Jing shook his head. "According to the relevant tax laws of China, as long as these things enter the country, they must pay the corresponding taxes. Even if they are used for museum collections and not sold, they must apply for approval from the relevant departments. But is it so easy to get this approval? If I wait for the approval, I don't know how long I will have to wait for this batch of treasures."
After hearing this, Gege sighed helplessly.
To be honest, China's collecting community is now facing a huge sorrow, that is, the lack of support from the country.
In China, artworks imported from abroad are considered luxury goods and are subject to heavy taxes. The import tariff was originally 12%, then reduced to 6%, and then to 3% last year. This tax rate seems very low, but don't forget that in addition to the tariff, there is also a 17% value-added tax and a 5% domestic business tax...
In other words, if Yang Jing bought an oil painting worth one million yuan from a foreign auction house, the tax he needed to pay would be 1 million*3%+100*(1+3%)*17%=205,100 yuan.
This is just the tariff paid at the customs. If this painting is sold, a 5% sales tax will also be required...
In other words, if an oil painting worth one million RMB is brought into the country from abroad, the tax alone will be more than 200,000 RMB!
And what is the value of Yang Jing's two treasures? Five billion dollars? Ten billion dollars? Or even more?
Don't forget that among these two treasures there are many works of art of inestimable value, such as the bronze "David", the "Discus Thrower", as well as paintings by Leonardo da Vinci and Raphael, and manuscripts by Shakespeare, Hugo and Tolstoy.
How much are these things worth? Who dares to calculate? Even if they do, the little money Yang Jing has now is not enough to pay the tax!
This is also a great sadness in the current Chinese collection community. In developed European and American countries such as the United States and New Zealand, the import tax rate for artworks is zero, which means that if you bring artworks to these countries, no tax will be charged, no matter how valuable they are.
But in China, this tax rate is too high.
This has led to many Chinese collectors now being afraid to bring back artworks purchased abroad.
With the rise of China's economy in recent years, many Chinese collectors are now keen on the repatriation of cultural relics. They use various methods to bring back their ancestors' belongings that have been lost overseas, but unfortunately, this heavy tax is like an indestructible gate, firmly blocking many artworks that should have been able to flow back to the country.
This has led to many collectors now transferring artworks bought from abroad to Hong Kong Island...
There is no other way but to do this, Hong Kong Island implements a zero tax rate on artworks.
Just like on November 5, 2013, Wanda Group bought Picasso's oil painting "Two Children" at Christie's in New York for 172 million yuan. If this oil painting wants to be shipped back to China, it will have to pay a tax of nearly 40 million yuan!
Helplessly, this painting can only stay in Hong Kong Island.
There are many similar situations.
China has indeed become wealthy in recent years, and some wealthy collectors are keen to spend their own money to buy artworks from abroad and ship them back to China. However, this heavy tax has dampened the enthusiasm of many collectors for foreign collecting.
Without the support of relevant national policies, the return of cultural relics would be a joke.
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