Annual Report 2007

Notes to the Consolidated Financial Statements 綜合財務報表附註 For the year ended 31 December 2007 截至二零零七年十二月三十一日止年度 98 Sunny Optical Technology (Group) Company Limited 舜宇光學科技（集團）有限公司 8. Income Tax Charge (Continued) Nanjing Sunny Optical Instruments Co., Ltd. (“Nanjing Instruments”) and Ningbo Sunny Infrared Technologies Company Ltd (“Sunny Infrared”) are domestic limited liability companies with applicable tax rate of 33%. Nanjing Instruments and Sunny Infrared had no tax assessable profit for both years ended 31 December 2007 and 2006. Shanghai Sunny Hengping Scientific Instrument Co., Ltd. (“Sunny Hengping”) was domestic limited liability company and approved as a Hi-Tech Enterprise of Shanghai, PRC on 15 October 2006. Sunny Hengping is entitled to go on enjoying a preferential tax rate of 15% pursuant to relevant approval obtained from local tax authority in 2008. On 16 March 2007, the PRC promulgated the new PRC Enterprise Income Tax Law (the “New Law”) by Order No. 63 of the President of the PRC. Under the New Law, the enterprise income tax for both domestic and foreign-invested enterprises will be unified at 25% effective from 1 January 2008. There will be a transitional period for certain PRC subsidiaries that currently are entitled to certain preferential tax treatments granted by the relevant tax authorities. Eligible PRC subsidiaries currently subject to an enterprise income tax rate lower than 25% will be gradually transitioned to the new unified rate of 25% within five years after 1 January 2008. PRC subsidiaries that were entitled to preferential tax rate may continue to enjoy such treatment until the Tax Holidays expires. On 6 December 2007, the State Council of the PRC issued Implementation Regulations of the New Law. The New Law and Implementation Regulations will change the applicable tax rate for certain PRC subsidiaries from the existing preferential rate to 18%, 20%, 22%, 24% and 25% for the years ending 31 December 2008, 2009, 2010, 2011 and 2012 respectively, from 1 January 2008. 8. 所得稅開支（續） 南京舜宇光學儀器有限公司（「南京儀 器」）及寧波舜宇紅外技術有限公司（「舜 宇紅外」）為內資股份有限責任公司， 適用稅率為 33% 。南京儀器及舜宇紅外 於截至二零零七年及二零零六年十二月 三十一日止兩年度並無應課稅溢利。 上海舜宇恆平科學儀器有限公司（「舜宇 恆平」）為內資股份有限責任公司，並於 二零零六年十月十五日獲認可為中國上 海高新技術企業。舜宇恆平於二零零八 年獲有關地方稅務局批准繼續享有優惠 稅率 15% 。 於二零零七年三月十六日，中國通過中 國主席令第 63 號頒佈新中國企業所得 稅 法（「新 稅 法」）。根 據 新 稅 法，二 零 零八年一月一日起，內資及外資企業的 企業所得稅率統一為 25% 。目前享有相 關稅局所授出若干稅務優惠的若干中國 附屬公司會有一段過渡期。目前須按低 於 25% 企業所得稅率繳稅的合資格中國 附屬公司會自二零零八年一月一日起 計五年內逐步過渡至新統一稅率 25% 。 可於稅務優惠期享有優惠稅率的中國附 屬公司可於到期前繼續享有該等優惠。 於二零零七年十二月六日，中國國務院 頒佈新稅法實施條例。新稅法及實施條 例會改變若干中國附屬公司的適用稅 率，自二零零八年一月一日起由現時的 優惠稅率改變為截至二零零八年、二零 零九年、二零一零年、二零一一年及二 零一二年十二月三十一日止年度分別 18% 、 20% 、 22% 、 24% 及 25% 。