Chapter 562 - Remittance of 450,000 Dollars (1) – Part 1
The weather was pleasant that day; it was cooling down a bit. Gun-Ho visited the tax accountant’s office in Jeongwang Town, Siheung City, that his sister found for GH Logistics’ business. There seemed to be about six people working there. When he entered the office, Gun-Ho asked for Ms. Manager Yang. Gun-Ho’s sister had called Ms. Manager Yang earlier to let her know that Gun-Ho would visit the office soon. Ms. Manager Yang was a lady in her 40s. Gun-Ho could notice that she had cosmetic surgery, on her eyes and nose for sure.
“I’m from GH Logistics. I believe that this office will be handling its tax matters.”
“Oh, I see. Please have a seat.”
“I’d like to talk with the tax accountant here.”
“Our tax accountant? Can you just talk to me instead?”
When Gun-Ho glared at her, she started scanning Gun-Ho from his head to toe. Gun-Ho was not the man who he used to be that worked at a factory in the past. He now certainly looked like a wealthy businessman with power.
“I know GH Logistics’ Ms. Director Gun-Sook Goo very well. I’ve met its president as well. May I ask you how you are related to GH Logistics?”
“I’m the major shareholder of GH Logistics. I’m hoping to have a consultation with the tax accountant regarding a capital gains tax.”
“Oh, really? Sure. Please come with me.”
Gun-Ho followed Manager Yang to the tax accountant’s office.
The accountant was sitting at his desk looking at his computer monitor. He was short and skinny. Manager Yang introduced Gun-Ho to him while smiling.
“This man is from GH Logistics that we recently started working with. He has a few questions to ask you regarding a capital gains tax.”
“Oh, really? Hello. It’s nice to meet you. What would you like to know?”
Gun-Ho gave the tax accountant his business card before asking his questions. Gun-Ho’s business card indicated that he was the president of more than three different companies— GH Mobile, GH Development, Dyeon Korea, etc.
“I am not running the GH Logistics’ business, but I’m its major shareholder.”
The tax accountant scanned Gun-Ho from his head to toe. Realizing Gun-Ho could be an important figure, the tax accountant asked his secretary to bring two cups of tea.
“You will mostly be contacted by either GH Logistics’ president or director. They are the ones who run the company on a daily basis.”
“No problem, sir.”
As Gun-Ho stood up from his seat, he offered his hand to the tax accountant for a handshake. After handshaking, Gun-Ho walked out of the office, and the tax accountant followed him. On the way, the tax accountant tapped Manager Yang’s shoulder giving a sign to come with him. The tax accountant and Manager Yang followed Gun-Ho to the elevator to see him off. When Gun-Ho entered the elevator, they gave a 90-degree bow to Gun-Ho.
‘That’s weird,’ Manager Yang thought. GH Logistics was just a small company with monthly sales revenue of 100 million won. It was certainly not big enough to get the tax accountant’s personal attention like that. Manager Yang couldn’t understand why the tax accountant came all the way to the elevator to give a 90-degree bow to a small company’s major shareholder.
After seeing off Gun-Ho, the tax accountant came back to his office and searched the companies shown on Gun-Ho’s business card, on the internet. He first opened the Financial Supervisory Service website, called DART (Data Analysis, Retrieval, and Transfer System).
“GH Mobile and GH Development are listed on DART. I don’t see Dyeon Korea here though. Maybe this company isn’t generating good revenue to be on it.”
The tax accountant googled GH Mobile first.
“Huh? This company made 81.6 billion won last year! Even though it has high debts, it’s not a small company at all.”
The tax accountant then googled GH Development.
“This one generated 10 billion won last year. It seems to be a typical small or medium-sized company. Huh? What is this? The company’s asset is 200 billion won? With the capital of 40 billion won? Wow. It seems that the company owns a real property—a commercial building. Whoa. How big a building would be, that is worth 200 billion won? The building must be located somewhere around Gangnam District in Seoul City. I don’t know of any building that is expensive in Siheung City or Ansan City. Wow. That man must be very wealthy!”
The tax accountant walked out of his office while holding his hands behind his back. When he saw Manager Yang, he said to her, “Do you have any idea who that man was? The man who just visited our office?”
“He said he was the major shareholder of GH Logistics. GH Logistics is a company with monthly sales revenue of 100 million won. It seems that its president is not the owner. They have a director and a major shareholder.”
Manager Yang smiled sarcastically showing that the tax accountant didn’t have to follow Gun-Ho all the way to the elevator just to give a 90-degree bow to him. The tax accountant smiled and said while shaking his head, “That man owns a commercial building that is worth 200 billion won.”
“Really?”
“You shouldn’t take the business lightly with GH Logistics even though it’s a small company now. You will have to pay attention to that company.”
“Yes, sir.”