Wednesday, January 18, 2017 3:15:42 AM
I think SIAF has some kind of tax exemption?
Correct, don't think they have paid a single cent in tax in PRC, due to that they are in this sector. I'm just not sure this is applicable also to license revenue....might be, since also consultancy income is tax free...
License fees is normally paid upfront, I dont think that is applicable for TRW though, so far
! Anyways, we might get at least $14M directly to the bottom line in 2017 from TRW just in license fees, to that we should add consultancy, could be interesting to see guidance, since someone said they are about to give that 
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
