Shares & Derivatives
Check on Sino Grandness Food
By Sillyinvestor  •  November 21, 2014
I think the tax thingy check on Sino Grandness food. I am not implying anything, just sharing what I gather in an 4 hour search. I search for top coporate tax payers in shenzhen. The only yield I get is for 2009. 福田区2009纳税百强 http://wenku.baidu.com/link?url=sGeHg8gmCn71G1o8pzk52yU8XNbG4gVgVbgfXRRILy9EmpRI3lu9a1vsIw0Smd-Z9ZIhXBc8XVtNNStZPspxKdqBA43SiSB4MYGChtpMVRq Why did I choose this? Refer to AR 2010
Shenzhen Grandness Industry has concessionary tax status, hence its rate is 20%, and we can then deduce the tax paid by Shenzhen Grandness Industry is 16 mio RMB Going back to  the top tax payer list.
Rank 95 and 98 are listed companies in Shenzhen exchange. Rank 95 is 深圳赛格股份有限公司, I download its past Annual report 2009, its tax paid is 30 mio , refer to page 64, item 29 of the link below http://www.segcl.com.cn/uploads/old/download/201006/AR2009000058h%E5%AE%9A%E6%9C%9F%E6%8A%A5%E5%91%8A%E5%85%A8%E6%96%87(Word%E8%8B%B1%E6%96%87%E7%89%88).pdf Counter check this with morning star record of provision for income tax (http://financials.morningstar.com/income-statement/is.......
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By Sillyinvestor
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