At the same time, these companies registered even more companies in the Cayman Islands, placing their overseas enterprises under these Cayman companies. In the future, their operating funds could flow through Cayman accounts, saving them substantial amounts in operating taxes.
Some of Hardy Group's companies also followed this strategy. As long as it was legal, the Federal Tax Bureau couldn't do anything about it.
There was now another issue to deal with.
The total funds used to purchase these Japanese enterprises amounted to $570 million, a huge sum of money. Strictly speaking, this money did not belong to Japan, as these enterprises had been confiscated by the U.S. military.
But Hardy and the other consortiums didn't want to hand this money over to the government. They believed they could use it to revitalize Japan's slumbering and almost dying economy, and then gradually recover it by providing services and products over time.
