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When I realized how Elsa had structured her corporations to cut out the IRS, I had to smile. The money reinvested in the subsidiary corporations could be used to purchase other companies in the US or elsewhere. Those companies would become assets of the subsidiary Cayman corporations. The profits from the new assets would be reinvested in the subsidiary companies. The IRS would not receive further tax dollars from Elsa’s businesses.When I started working as a full-time CEO at Smith-Adler Enterprises, I learned that Elsa foresaw two problems and resolved them both by creating another subsidiary corporation, Ocean Business Loans.Elsa knew that the exorbitant management charges Smith-Adler Enterprises levied on its subsidiary corporations for administrative services would result in very high profits. She used the corporation’s profits and the money she received from selling some of the bullion to fund Ocean Business Loans.Elsa also knew that the profit each subsidiary made would not be. I watched out the window until they disappeared into the woods. "That was a really close call"I said"Good job playing the cards."Liam nodded. "Shall we head into town and meet up with some clients?" I suppose we could while we wait until nightfall"I said."We both climbed into our white van with the words "Liam's Cleaning" on the side with a number that led to a disposable phone. This kept people from getting suspicious while still having the space we needed. In the back of the van were piles of chains. This would keep the girls from squirming around too much. As we drove into town, Liam got a list of addresses and names of the clients. Often times, members want us to come meet them at their house so they can know exactly what goes on before they come over.-------------------------------------------------------Arriving at the first clients house, we were pretty nervous. Even though we've done this for 5 years, we hadn't actually done any of this for a year.We walked up to the front.
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