American Tax Officer

Chapter 298: Chapter 193: Can Only Rely on Oneself Now_2



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"The situation is like this, we have three top private prison corporations in America, one of which is named GCO Corporation. Their operations are in Nevada State, and David has found that this company evaded nearly 80 million in taxes..."

"Hold on, hold on..."

Before Donald could finish speaking, Obadiah interrupted, "Deputy Director Donald, you just said how much in taxes was evaded?"

"Nearly 80 million!"

Upon confirmation, not only Donald but many of the uninformed senior executives at the scene were also shocked.

It had been two or three months since the introduction of the Black Tax Act, yet there had never been a single case of nearly 80 million in tax revenue.

How could they not be greatly surprised.

"Continue!"

"Since the headquarters of the company is located in the Long Beach District, Los Angeles, David had already reached an agreement with the senior management of the company. The company was going to transfer the nearly 80 million in taxes to a designated account, but the Long Beach Branch suddenly stepped in and froze it; that's what happened!"

With these words, both Obadiah and many senior executives again showed shock on their faces.

Based on what Donald had said before, the GCO Corporation, as one of America's three major private prisons, certainly had a strong background.

Moreover, such a large and legitimate company must have top-tier legal, financial, and tax personnel; how easy could it be to coerce them into willingly parting with such a large sum of taxes?

Yet David had managed to do it, which seemed almost unthinkable.

"I know you all are very curious about how David did it, but that's not our focus right now. What we need to focus on now is who gave the Long Beach Branch such authority to maliciously freeze the campaign funds of the God Making Plan candidate?"

Donald's words brought many people back to their senses; a senior executive who supported David immediately echoed, "That's right, the Long Beach Branch is maliciously freezing David's funds, which is a violation of regulations."

"Bellamy Hattie is right there in the Long Beach Branch. There's no doubt that this is a violation," another added.

"Who says this is a violation? I don't think so!"

As some senior executives who supported David began to reproach, a voice expressing the complete opposite sentiment quieted the atmosphere on the spot.

Everyone immediately turned to look, and the speaker was none other than Rohan.

"Vice Director Rohan, what do you mean by that?"

Rohan calmly replied, "First of all, this sum is as high as 80 million, not a trivial amount. According to the principle of territoriality, the local branch has the right to scrutinize this sum to determine whether it's criminal proceeds, and whether there is any money laundering or tax evasion involved. How does this amount to malicious freezing?"

"Hehe, there are only a few days left until the assessment period, and with Bellamy Hattie present in the Long Beach Branch, are you telling me this isn't malicious freezing? Do you even believe that yourself?"

"Vice Director Rohan, you are a senior official of our Internal Revenue Service. You should know very well whether the reasons you mentioned hold water."

"..."

Despite the fact that Rohan's explanation seemed plausible, in light of Bellamy Hattie's position as a candidate in the Long Beach Branch, it was clear to any discerning person that it didn't hold up.

"To be honest, I've just contacted the Long Beach Branch and they've told me that the funds can be immediately unfrozen. The precondition is that David must explain the details and cooperate with the Long Beach Branch's investigation. However, David is unwilling to disclose, so naturally, the Long Beach Branch needs some time to review the matter.

That's why I said this is not a case of malicious freezing!"

Upon hearing Rohan's words, many executives who supported David were at a loss.

But Donald's mind was still sharp. He retorted immediately, "Deputy Director Rohan, our Internal Revenue Service has the right to maintain confidentiality for taxpayers. This is in accordance with the regulations, and Director David is compliant with the law. Doesn't the Long Beach Branch know that?"

"Indeed, the case is on David's side. Why should he have to explain the details to the Long Beach Branch? If he were to do so, he should be reporting to the leadership of his own local branch!"

"Hehe, the Long Beach Branch asks David to explain the details, I'm afraid it's not just for investigation purposes, right?"

After Donald's rebuttal, the other senior executives supporting David also quickly caught on.

"Alright."

As the two sides were on the verge of a heated argument, Welton Heng finally spoke up, and with his words, everyone consciously shut their mouths.

"In fact, I've also just looked into the matter. According to the information I received, this 80 million in taxes did not arise from the Black Tax Act but was recouped from previous tax evasions by GCO Corporation."

"And for this God Making Plan, we chose the spokesperson for the Black Tax Act. Therefore, I believe that even if the funds were unfrozen, it cannot be added to David's original tax achievements. What do you think?"

Welton Heng's words hit like a thunderbolt, instantly stopping David's supporting party, led by Donald, in their tracks.

The 80 million in taxes had not been collected through the Black Tax Act?

But on further consideration, it seemed likely...

GCO isn't a gang or a drug trafficking organization but a regular company. How could they possibly have so much illicit profit?

And since David had collected 80 million, it meant that GCO had definitely been evading taxes before, and it was just that their IRS hadn't caught it.

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