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Life at the Top Chapter 497

Why was the import and export industry so profitable within the country now?

Firstly, it was because there was a lot of demand in the Mainland, and there was no worry that the imported goods would not be sold out.

Secondly, it was because of the unique policies stemming from unique national conditions.

Due to issues in the past, most of Harbor City’s goods were duty-free. After the handover, the Mainland had then written Harbor City a very generous tariff treaty.

Thus, most businessmen in the Mainland who profited off import and export trade would have their goods shipped to Harbor City first and then sent into the Mainland as Harbor City goods.”

By doing so, exploiting such a loophole of a righteous policy resulted in a 15-25% discount in taxes.

“The Hull family has placed most of their focus into the import and export trade, and the method they use is more or less what everyone else is doing too. They import the goods to Harbor City and then ship them to the Mainland. Doing this, they’ve managed to dominate the Mainland’s market while paying an extremely low amount of taxes.”

Jasper had known the inner working of the Hull family like the back of his hand.

“To get rid of the Hull family, attacking them from the Mainland would only give adverse results. The easiest way to do it would be to attack them in Harbor City, and I believe taking goods from a few ships in Harbor City shouldn’t be too big a problem for the Law family, right?” Jasper smiled.

Pacing in his office, Zachary began to believe that Jasper’s plan was doable.

“Not at all. But I’ll have to look into how the Hulls deal with customs here in Harbor City before I can decide on a more solid course of action.”

Jasper smiled. “It’d be nice if you could do it and give me an update as soon as possible. I’m ready to act anytime on my part. We should coordinate our attacks so that the Hull family are at loss as to who they’re supposed to defend against.”

Zachary fell silent for a moment. “What did the Hulls do to offend you, Jasper?”

Jasper replied calmly, “I won’t stop until I’ve completely defeated this mortal nemesis of mine.”

Zachary’s footsteps came to a halt. Jasper had always been a gentle and humble man, so it was extremely rare to hear such ferocious words from him.

However, it helped Zachary understand Jasper’s determination. In his mind, he increased the importance of this fight.

“Alright, I’ll work with you on this. I’ll update you right away once I’ve investigated things on my end. Oh, and I’ll send Henry over to you as well, then. He should be done with his work over in Swallow Capital. It’s best if you have one of us with you.”

Jasper gave it some thought and replied, “Okay, then. I’ll contact him directly after.”

Zachary smiled. “You’re not just representing yourself here, Jasper. You have the Law family behind you ready to move together. You can be a little braver, Jasper. Since us Laws have already invested in you, then there’s no way we’d change our stand just like that.”

Jasper smiled. “With your assurance, Uncle Law, then I see no need for me to worry about it anymore.”

Waterhoof City, in the Hull family’s house.

Pungent smoke swirled within the study that was much larger than any bedroom with nowhere to go.

Ian’s expression was livid as he sat in the study. There was a cigarette between his fingers, burnt halfway through.

The ashtray beside his hands was already filled to the brim with cigarette buds.

Sitting opposite him was Norman, who was also fuming with anger.

“That little brat! He has no respect for people at all!”

Norman slapped his hand against the study desk heavily, his expression dark and sinister.

“That’s a whole loss of one billion Somer Dollars! That’s a good few years of hard work even if we split the loss between both our families!”

Life at the Top Chapter 497

Life at the Top Chapter 497

Why was the import and export industry so profitable within the country now? Firstly, it was because there was a lot of demand in the Mainland, and there was no worry that the imported goods would not be sold out. Secondly, it was because of the unique policies stemming from unique national conditions. Due to issues in the past, most of Harbor City’s goods were duty-free. After the handover, the Mainland had then written Harbor City a very generous tariff treaty. Thus, most businessmen in the Mainland who profited off import and export trade would have their goods shipped to Harbor City first and then sent into the Mainland as Harbor City goods.” By doing so, exploiting such a loophole of a righteous policy resulted in a 15-25% discount in taxes. “The Hull family has placed most of their focus into the import and export trade, and the method they use is more or less what everyone else is doing too. They import the goods to Harbor City and then ship them to the Mainland. Doing this, they’ve managed to dominate the Mainland’s market while paying an extremely low amount of taxes.” Jasper had known the inner working of the Hull family like the back of his hand. “To get rid of the Hull family, attacking them from the Mainland would only give adverse results. The easiest way to do it would be to attack them in Harbor City, and I believe taking goods from a few ships in Harbor City shouldn’t be too big a problem for the Law family, right?” Jasper smiled. Pacing in his office, Zachary began to believe that Jasper’s plan was doable. “Not at all. But I’ll have to look into how the Hulls deal with customs here in Harbor City before I can decide on a more solid course of action.” Jasper smiled. “It’d be nice if you could do it and give me an update as soon as possible. I’m ready to act anytime on my part. We should coordinate our attacks so that the Hull family are at loss as to who they’re supposed to defend against.” Zachary fell silent for a moment. “What did the Hulls do to offend you, Jasper?” Jasper replied calmly, “I won’t stop until I’ve completely defeated this mortal nemesis of mine.” Zachary’s footsteps came to a halt. Jasper had always been a gentle and humble man, so it was extremely rare to hear such ferocious words from him. However, it helped Zachary understand Jasper’s determination. In his mind, he increased the importance of this fight. “Alright, I’ll work with you on this. I’ll update you right away once I’ve investigated things on my end. Oh, and I’ll send Henry over to you as well, then. He should be done with his work over in Swallow Capital. It’s best if you have one of us with you.” Jasper gave it some thought and replied, “Okay, then. I’ll contact him directly after.” Zachary smiled. “You’re not just representing yourself here, Jasper. You have the Law family behind you ready to move together. You can be a little braver, Jasper. Since us Laws have already invested in you, then there’s no way we’d change our stand just like that.” Jasper smiled. “With your assurance, Uncle Law, then I see no need for me to worry about it anymore.” … Waterhoof City, in the Hull family’s house. Pungent smoke swirled within the study that was much larger than any bedroom with nowhere to go. Ian’s expression was livid as he sat in the study. There was a cigarette between his fingers, burnt halfway through. The ashtray beside his hands was already filled to the brim with cigarette buds. Sitting opposite him was Norman, who was also fuming with anger. “That little brat! He has no respect for people at all!” Norman slapped his hand against the study desk heavily, his expression dark and sinister. “That’s a whole loss of one billion Somer Dollars! That’s a good few years of hard work even if we split the loss between both our families!”

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