The survey results show that, affected by the epidemic situation, the operating income of enterprises is reduced, and the cash on account can survive for a very short time. Only 11% of the enterprises can maintain for more than 6 months, 12.86% for 4-6 months, 48.6% for 1-3 months, ...
The interest income receivable from Lufer-China at 4% per annum is also recorded as income by Lufer-HK. On the remittance of the interest from China to Hong Kong, China withholding tax at the rate of 7% is deducted by Lufer-China and recorded as an expense in the accounts of Lufer-...
The EITC acts as a supplement (of about Re4li0g%ion)st2o01t7h, e8, w69age rate on the way up, and then acts as a tax (of about 20%) on the way down9, osfin17ce the credit declines as anyone in the family earns more. Figure 4. Value of federal Earned Income Tax Credit, ...