On February 2nd, North International received High-tech Enterprise Certificate co-issued by four parties ¨C Beijing Science and Technology Committee, Beijing Fiscal Bureau, Beijing National Taxation Bureau and Beijing Local Taxation Bureau, becoming a high-tech enterprise officially acknowledged by related national departments. It will enjoy the preferential policy that the income tax rate is reduced from the current 25% to 15% and the income tax is reduced by 40% within three years from 2009.
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