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Gushan Environmental Energy Limited |
Agreed. Local government certainly supports the local company who will
bring more jobs and revenue in the long run. GUSHAN may also spread
all over China as the leader in the field.
On Jun 13, 10:48 am, Wolf <ccspagn...@hotmail.com> wrote:
> "Gushan expressed its view to the State Administration of Taxation of
> Fujian Province ("Fujian SAT") that its biodiesel, which is produced
> from used cooking oil, vegetable oil offal and jatropha oil, should
> not be subject to such consumption tax. Gushan was subsequently
> informed that Fujian SAT and the Fujian Municipal Finance Bureau
> jointly issued a written proposal to the PRC State Administration of
> Taxation ("PRC SAT") requesting that biodiesel products without
> petroleum-based diesel content be specifically excluded from paying
> consumption tax. As of the date of this announcement, the PRC SAT has
> not yet replied to this proposal."
> I wasn't aware that even the local taxing authority was in favor of
> the exemption. That's hopeful news - I had been under the impression
> that Gushan and the Fujian province government were squaring off over
> this.