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10-04-2014, 11:29 AM
also their tax rate seems to be very low,
footnote 37 from AR 2013:
"Certain tax returns of the Group entities (including the Company) for prior years have not yet been finalised with the
respective tax authorities" -> so in arriving at current tax expense they estimated based on past experience...
"the gains on disposal of leasehold buildings are not subject to tax" -> because they treat it as capital transactions, is this a common practice in SG?
how's the governance in CWT? I read from first page of this thread that they refused to disclose their top 5 executives and their respective salaries?
footnote 37 from AR 2013:
"Certain tax returns of the Group entities (including the Company) for prior years have not yet been finalised with the
respective tax authorities" -> so in arriving at current tax expense they estimated based on past experience...
"the gains on disposal of leasehold buildings are not subject to tax" -> because they treat it as capital transactions, is this a common practice in SG?
how's the governance in CWT? I read from first page of this thread that they refused to disclose their top 5 executives and their respective salaries?