China Growth Stocks

[Traderfan]

The initial question that came to my mind was the following. If for example a company has 50 million in revenues and 10 million in net profit in the SEC filing but only 2 million in revenues and a net loss in the SAIC filing in order to not pay taxes where is the money then going which is under the tab "income tax expense" in the 10q??

Is it just me or does this all make no sense? I guess the chinese government would be capable of reading a 10q and say "oh shit they did 10 million in net income and not a net loss so where is our 2 million in income tax expense"??