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Dayan’s judicial affidavit affirms Ragos’s recantation, asserts De Lima’s innocence – Lawyer Senator Leila M. ‘The very next day the Trump Justice Department refers the John Kerry criminal case to the Southern District of New York – two tweets by the President, and the John Kerry felony case turns into a priority for the Department of Justice. De Lima’s camp careworn that the judicial affidavit of her former aide and co-accused Ronnie Dayan adopted before the Muntinlupa Regional Trial…

If our shares are delisted from the NASDAQ Capital Market at some later date, our shareholders could find it troublesome to sell our shares. The Bulletin Board and the «pink sheets» are typically thought-about to be much less efficient markets than the NASDAQ Capital Market. In addition, lawyer istanbul türkiye if our frequent shares usually are not so listed or are delisted at some later date, our widespread shares may be topic to the «penny stock» regulations. In addition, if our common shares are delisted from the NASDAQ Capital Market at some later date, we may apply to have our common shares quoted on the Bulletin Board or in the «pink sheets» maintained by the National Quotation Bureau, Inc. These guidelines impose additional gross sales apply requirements on broker-dealers that promote low-priced securities to persons aside from established clients and institutional accredited investors and require the supply of a disclosure schedule explaining the nature and risks of the penny inventory market. As a end result, the flexibility or willingness of broker-dealers to sell or make a market in our common shares may decline.

It provides a one-year transitional interval from January eleven, 2017, for foreign-invested corporations, during which foreign-invested corporations, corresponding to WFOE, might adopt their calculation method of foreign debt higher limit based mostly on both the Interim Measures on Administration on Foreign Debts or the PBOC Circular 9. However, The PBOC Circular 9 does not supersede the Interim Measures on Administration on Foreign Debts. Upon its expiry, pursuant to the PBOC Circular 9, the PBOC and the SAFE shall reevaluate the calculation methodology for foreign-invested companies and determine what the applicable calculation method would be.

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The market for qualified scientists and engineers is aggressive and, from time to time, it might be tough to attract and retain certified people with the required expertise at a fair wage. An enhance in compensation of our scientists and engineers may enhance our working costs. Jinda is qualified as an encouraged industrial enterprise to enjoy the policy of being levied at a reduced company income tax fee of 15% for the yr ended December 31, 2020, based on the Corporate Income Tax law firm immigration of PRC and its Implementation Regulations on Preferential Policies of Corporate Income Tax in Hainan Free Trade Port. We anticipate revenue tax bills to extend as a end result of the expiration of these tax benefits, and to thereafter vary each reporting interval relying upon taxable income fluctuations and our availability of tax benefits. As Newater Technology, Newater HK, Shanghai Lancao, Jinyu and Yantai Nuclear-Power had no operating revenue or tax liabilities for the years ended December 31, 2020, 2019 and 2018, our revenue tax expense reflects income tax paid and offered by Jinzheng and Jinda.