Depending on which way the wind blows the corporate tax rate in China is 25%. Too bad the leadership of LQMT, did not plan for the lower U.S. corporate tax cut of (15% to 22%) 21% planned by President Trump. Too bad because, without revenues, who needs a tax cut. Very smart Mr. Li. You saved even more. Your corporate tax rate is about zero. Other than wages and property taxes, you pay zip. I guess you thought everyone a new lesson about LQMT. Happy New Year!
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