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Limin shares (002734) 2015 annual performance briefing is being held on Panorama
.
Regarding the tax incentives enjoyed by the company, the company’s financial director Shen Shuyan revealed that according to the local tax policy in Tanzania, the pesticide products sold by the subsidiary Li & Fung Co.
, Ltd.
are exempt from value-added tax
.
??? In addition, Shen Shuyan introduced that the company has obtained the high-tech enterprise certificate jointly issued by Jiangsu Provincial Department of Science and Technology, Jiangsu Provincial Department of Finance, Jiangsu Provincial Administration of Taxation, and Jiangsu Provincial Local Taxation Bureau.
The relevant provisions of the "Implementation Regulations of the Enterprise Income Tax Law of the People's Republic of China" implement preferential tax rates for high-tech enterprises.
From 2015 to 2017, enterprise income tax is calculated and paid at 15% of the taxable income
.
??? Limin shares are mainly engaged in the research and development, production and sales of agricultural fungicides and preparations
.
.
Regarding the tax incentives enjoyed by the company, the company’s financial director Shen Shuyan revealed that according to the local tax policy in Tanzania, the pesticide products sold by the subsidiary Li & Fung Co.
, Ltd.
are exempt from value-added tax
.
??? In addition, Shen Shuyan introduced that the company has obtained the high-tech enterprise certificate jointly issued by Jiangsu Provincial Department of Science and Technology, Jiangsu Provincial Department of Finance, Jiangsu Provincial Administration of Taxation, and Jiangsu Provincial Local Taxation Bureau.
The relevant provisions of the "Implementation Regulations of the Enterprise Income Tax Law of the People's Republic of China" implement preferential tax rates for high-tech enterprises.
From 2015 to 2017, enterprise income tax is calculated and paid at 15% of the taxable income
.
??? Limin shares are mainly engaged in the research and development, production and sales of agricultural fungicides and preparations
.
