Chapter 201: Personnel Transfer at the Western Suburb Branch_3
"Alright."
David said goodbye to Donald and Obadiah before leaving with Leticia.
...
Overall, today's press conference was satisfactory to the media.
Because they had confirmed one thing: after David took office, he would definitely undertake a massive tax audit campaign in Hollywood.
Although it wouldn't cause an earthquake in Hollywood, the tremors would certainly be significant.
In Hollywood, within the central area of the Avenue of Fame, many film company headquarters clustered together.
At this moment, in the meeting room at the top floor of the Disney Film Company building, representatives from the other seven major film companies had arrived.
After everyone was seated, Disney Film Company's vice president Okonji said, "You all must know about the IRS press conference, what are your thoughts?"
"Even the director has been replaced; the IRS looks like it's gearing up for a fight. We need to be careful!"
"The IRS is definitely serious this time, but there's no need to worry too much. Our company's finance, accounting, and tax departments aren't pushovers. They won't find anything."
"Exactly, if it were so easy to find, the Western Suburb Branch would have found it long ago."
The eight major film companies were all established in the last century, at a time when many laws and tax regulations were not well-developed, so they initially grew by exploiting loopholes.
Entering the 21st century, although they wouldn't dare to evade taxes or launder money as blatantly as before, there were still numerous irregularities.
"By the way, does anyone know what this new director is about? He looks pretty young!"
It was the representative from MGM who asked at this time.
The winner of the so-called project had been announced only yesterday, and it was not until the press conference that he really started to pay attention to David. Therefore, he didn't have clear information about the new director.
Okonji opened his mouth, "Two months ago, this man was only an inspector at the IRS. He then made the hot search by leading an armed entry into an Indian tribe; later, he punished several high officials in Sparks and Henderson as well, which also caused quite the stir.
In the end, he achieved a total tax record of 2.19 billion during the assessment period, and ultimately won the promotion for the Western Suburb Branch."
At this, many of the representatives were stunned.
They hadn't paid attention to the IRS system before, so many were unaware of the armed entry into the Indian tribe or the events in Sparks and Henderson.
But now, they were hearing that the new director had such a fierce history?
That made him seem like he wouldn't be so easy to deal with.
"It seems that if the IRS has appointed such a ruthless Chief Tax Officer, they're not only serious but may be intending to turn everything upside down here!"
"Having heard what you said, Okonji, this David does seem a bit tricky."
"You think if he led an armed entry into an Indian tribe before, he wouldn't consider bringing armed forces into Hollywood as well, would he?"
Upon hearing the mention of armed forces entering Hollywood, everyone suddenly felt a tingling on their scalp.
In Hollywood, where every move was watched by the world, if the IRS's armed forces really stormed in here, it would cause a global uproar.
By then, they might as well forget making movies; just the attention from this incident would make a fortune.
But if that were the case, the eight major film companies would likely become a laughing stock.
"What are you joking about? Those barbarians in the Indian Tribe crossed the line with the IRS, and the focus there wasn't enough. Such an incident is impossible here in Hollywood!"
Okonji's words brought everyone back to a calmer state of mind.
Yes, the total output value of the cultural and creative industries represented by Hollywood had surpassed the 500 billion mark, accounting for about 3% of the total U.S. GDP.
The IRS wouldn't dare storm in with arms, as any damage to Hollywood's facilities would be a minor matter, but if they tarnished this golden signboard, the IRS would not get away with it. Find more chapters on empire
"I think we don't need to worry too much for now. Like David said at the press conference, he wants to launch a major operation against us, which is just the new official's 'three fires'. As Lucas said before, as long as our accounts are in order, what could go wrong?"
"You're right, after all, he's just taken office, and he needs to say some nice things."
"..."
"Enough!"
Okonji interrupted the chatter, saying, "Since everyone doesn't think there's a problem, then let's all just take good care of our own accounting and taxation. By the way, the stock market will definitely fluctuate tomorrow, so let's all make a move to stabilize it."
The IRS had already announced that they would conduct a thorough investigation of Hollywood's taxes, and according to market rules, the stock market was bound to be turbulent.
So today, Okonji called together representatives of the major film companies to discuss their views on the new director David's appointment, and secondly, to unite and prevent their individual company's stock prices from losing too much when the market opens tomorrow.
...
In Washington D.C., the hotel arranged for David by the headquarters was located in the Four Seasons Hotel downtown. After having dinner, he returned to his room and took out the information about the Western Suburb Branch given to him by Donald to review.