Lin Qi Was a Bastard

"The money comes from your Charitable Foundation..."

Wo Delike chimed in, and then Sai Weiruila nodded in agreement.

Despite her young age of only twenty-something, Sai Weiruila already owns several funds of various types, which is the most common situation for heirs at this level, each of whom controls resources that are difficult to understand.

In fact, this is also a troublesome matter. In such families, each generation faces a very special problem, namely the transfer of power and property.

For example, when Wo Delike gets old, he will transfer his property and power to his heir, namely Sai Weiruila.

The transfer of power is easy; it only requires signing some legally binding documents. However, the transfer of property involves something troublesome yet unavoidable—taxes.

Among the various Federal taxes, there is an unreasonable Inheritance Tax tax. Some people have said that only births and deaths are exempt from taxation, but this is incorrect.

Both birth and death are subject to taxes, and the taxes are quite substantial.

Ordinary families may not have much of a problem with Inheritance Tax, but for families like Wo Delike's, Inheritance Tax becomes a huge hassle.

The Federal Inheritance Tax threshold is five percent, which is the Inheritance Tax faced by the vast majority of families. Their parents leave behind tens or hundreds of thousands of dollars in estate, and they only need to pay a few thousand dollars for it.

But for wealthy people like Wo Delike, their Inheritance Tax is typically 50%, which is a staggering amount.

It's important to understand that if Wo Delike were to leave a ten million inheritance to Sai Weiruila, it doesn't necessarily mean he would have ten million in cash. Ninety percent of that ten million could be in real estate, company stock, or the like.

However, in order to inherit this money, Sai Weiruila must pay five million in cash as taxes. If she cannot pay this amount, the remaining portion of the estate after deducting the cash will be auctioned off. Once enough taxes are collected, the remaining portion will be inherited by Sai Weiruila.

Sometimes, in the end, she might inherit less than two million, while the rest becomes "unpopular" items at auctions, with few people bidding on them.

After a lifetime of hard work, how could capitalists allow half or even more of their wealth to go to the Federal Government? So capitalists and lawyers teamed up to find ways to exploit legal loopholes to evade this tax that even death cannot escape.

From the simplest overseas asset transfers to various Trust Fund, people have many ways to avoid Inheritance Tax.

When Wo Delike felt that his days were numbered, he would begin to gradually dispose of his assets, eventually entrusting them to foundations under the name of Sai Weiruila through a series of means.

These assets are not "inheritance," but rather Wo Delike's investment projects during his lifetime. After his death, some of these assets were separated from his estate. To mitigate some additional risks, the Trust Fund that hold Wo Delike's main estate must be in a state of "loss" for many years.

Profits are taxed, but losses are not! In reality, this "loss" is just to avoid alerting others to the transfer of assets. Once the assets have been transferred, the Trust Fund declares bankruptcy and liquidation, and the money is simply transferred from Wo Delike's hands to Sai Weiruila's.

The operations and methods involved are extremely complex. Even the most professional tax professionals struggle to understand the relationships between each transaction. Until stricter laws are enacted, wealthy individuals will continue to use this method to transfer assets and evade taxes.

In the end, Sai Weiruila decided to donate 100,000 yuan to help those in need. She is truly a kind-hearted girl.

The butler appeared in the dining room during the conversation, which meant that the chefs had everything ready. As melodious music played— Wo Delike had a familiar band that would come to play for him when he needed it.

The chef began to introduce what dinner was, where the ingredients came from, the process of cooking them, and how they were placed in front of each person.

"I thought it was just Family Banquet..." Lin Qi said with a laugh.

Wo Delike didn't say anything, but his wife explained, "I'm not a very good cook, and today is your first time here as Sai Weiruila's boyfriend, so we thought we should make it a bit more special."

The girl's face flushed instantly, Wo Delike couldn't help but cough twice, and Lin Qi was also somewhat surprised.

He thought it wouldn't be that complicated, but it seems he oversimplified things.

Wo Delike coughed a few times before his breathing gradually calmed down. "My daughter has never been in a relationship before, which is my pride as a father, but also my failure. You are her first lover, and I hope that you two..." He ran his right index finger along his hairline to avoid showing any change in his facial expression, "In any case, I hope that you two will not hurt each other."

"Love may be selfish, but it can also be forgiving."

"Darling, you're absolutely right!"

Leaving aside the two very affectionate couple, Sai Weiruila, sitting next to Lin Qi, felt a little awkward. "I'm sorry, I didn't know they would suddenly bring this up..." The girl lowered her head, but stole a glance at Lin Qi before quickly lowering her head again.

It was clear that she was somewhat happy; the last time Lin Qi had either rejected her or only partially agreed, she had been upset for a long time.

It wasn't quite a rejection, but it also wasn't a rejection either; clearly, he hadn't agreed either. Little did she know, it was precisely because of her unhappiness during that period that Wo Delike decided to give her something she wanted—a kind of love that might not be romantic love.

Unrequited love is painful, and those who haven't experienced it can never understand that kind of pain.

A faint smile appeared at the corner of Lin Qi's mouth. He shook his head slightly. "You know, I'm actually not the best choice."

He knew very well who he was, and to be honest, he didn't want to get too involved with Sai Weiruila. Once his relationship with the girl reached a certain point, Wo Delike would inevitably start interfering in his life.

For example, he is not allowed to do this or that, and all of this is to make him remain loyal to the girl. This is not the life he wants, and he does not want others to interfere in his life, even if many people are willing to accept this outcome.

Lin Qi looked at the silent girl and remained silent for a moment. "I have many girlfriends, and I've had relationships with some of them. I might do it again in the future. Can you accept that?"

The girl looked up at him, her expression finally changing. "Why are you saying this? You know I like you a lot, even..."

Lin Qi waited for her for about ten seconds, then he easily broke down the girl's defenses. "Look, you can't even say the word 'love.' You don't necessarily love me. Maybe I just fulfill some kind of fantasy you have about a partner. But you know very well that I'm not the best choice."

"Listen to me, Sai Weiruila, it's far better to spend your life with someone who loves you than to waste your time on me."

"I toy with women's feelings, I'm promiscuous, I don't even spare women with children, and maybe one day I'll throw them all into the same bed..."

As Lin Qi was speaking in a low voice, Sai Weiruila suddenly stood up and, accompanied by the words "I'm not feeling well, I won't have dinner," quickly, almost as if she were running, left the table.

Wo Delike's wife, sitting opposite him, was somewhat surprised. Sai Weiruila rarely behaved so rudely. Both of them looked at Lin Qi.

This guy just whispered something to their precious daughter, and she stormed off in a fit of rage.

Compared to Wo Delike's wife's relatively gentle gaze, the former's gaze was like a knife stabbing into Lin Qi.

Fortunately, he's thick-skinned and no longer cares about attacks that come purely from malicious glances.

"Did something happen that we should know?" he asked Lin Qi.

Lin Qi shrugged, unfolded his napkin, and spread it on his lap. "I just broke up with my boyfriend..."

Wo Delike looked at Lin Qi and listened to his words, then couldn't help but laugh out loud, "You're a fucking bastard!"

"You too, sir!"

Wo Delike sighed heavily, grabbed his wife's arm as she prepared to leave, and looked at her. "Let her be by herself for a while. She has to learn to grow up in these kinds of things."

He turned to look at Lin Qi, "Should I thank you or scold you? Actually, you could have done more..." He paused for a moment before finding what he thought was an appropriate adjective, "... end this relationship more tactfully, instead of like this!"

Lin Qi shook his head. Continuing to get entangled would be the worst decision; who knows what might happen in the end?

Seeing that Lin Qi wasn't saying much, Wo Delike, having finished one thought, felt a surge of curiosity. "What did you say to make her abandon this foolish decision? Can you tell me?"

Lin Qi glanced at him and smiled. "Why do I feel like you're mocking me? Did I make a stupid decision?"

"I'm sorry, I'm used to telling the truth. Let me ask you again, what did you say that made her make such the right choice?" Wo Delike changed his words, but the content of his statement remained the same.

Lin Qi didn't bother arguing about the substance of his statement. He just laughed and replied, "I only told her that I had just slept with a mother who had a five-year-old child..."

Hearing his wife exclaim "My God!" and turn her face away, Wo Delike realized he was right; Lin Qi was a fucking bastard!