|
|
|
|
Statutory |
|
|
Tax Rate |
|
|
Beginning |
|
|
January 1, |
|
Name of Subsidiaries |
2008 |
Tax Holiday (based on calendar year) |
Shengyuan Nutritional Food Co., Ltd. |
25% |
No tax holiday |
Zhangjiakou Chahaer Dairy Co., Ltd. |
25% |
3 years tax at 12.5% (2008-10) |
Inner Mongolia Huiliduo Food Co., Ltd. |
25% |
2 years tax exempt (2008, 2009); 3 years tax |
|
|
at 12.5% (2010-12) |
Inner Mongolia Mengyuan Food Co., Ltd. |
25% |
No tax holiday |
Meitek Technology (Qingdao) Co., Ltd. |
25% |
2 years tax exempt (2008, 2009); 3 years tax |
|
|
at 12.5% (2010-12) |
Beijing Shengyuan Huiliduo Food |
25% |
No tax holiday |
Technology Co., Ltd. |
|
|
Beijing Shengyuan Huimin Technology |
25% |
No tax holiday |
Service Co., Ltd. |
|
|
Global Food Trading (Shanghai) Co., Ltd. |
25% |
20% (2009), 22% (2010), 24% (2011), 25% |
|
|
(2012) |