JRSIS Health Care Corp (JRSS)

[littlejohn]

JRSS .17, SEC guidelines should require Accounting

Firms to monitor Actual Tax Payments

made to PRC after reporting the

deferred amounts in SEC Filings...

If a company pays out 26% or

more in taxes of operating income

before taxes to the PRC then

it would help monitoring...


JRSS reported owing about 26%

of operating income to the PRC

in 2020 and 2021 10K filings...


2021 10K filing link...

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001597892/000121390022019967/f10k2021_jrsishealth.htm#a_004

2020 10K filing link...

https://www.sec.gov/Archives/edgar/data/0001597892/000121390021021624/f10k2020_jrsishealth.htm


Auditors should report in the 2021

10K filing if all taxes owed in 2020

10K filing to the PRC were paid and

adequate discolsure was obtained...


If the Taxes were paid then it helps

suggest an ongoing biz for Investors

to keep Monitoring...


If they didn't pay them, then adios...


If JRSS paid over 1.3 million in taxes

owed for 2020 in 2021, then who cares

if their buildings may need painting...

They made have Forever painted buildings

in China for all I know, only for example...


So we watch...LJ