Annual Report 2007

Annual Report 2007 年報 97 8. Income Tax Charge 2007 2006 二零零七年二零零六年 RMB’000 RMB’000 人民幣千元人民幣千元 The charge comprises: 開支包括： Current tax 即期稅項 10,424 — The current tax charge for each of the years ended 31 December 2007 and 2006 represents income tax in the PRC which is calculated at the prevailing tax rate on the taxable income of the group entities in the PRC. Sunny Optics and Ningbo Instruments were sino-foreign equity joint ventures of manufacturing nature established in coastal economic open zone in the PRC with applicable tax rate of 26.4%. Pursuant to Foreign Enterprise Income Tax (“FEIT”) Laws in PRC, Sunny Optics and Ningbo Instruments were approved to be exempted from FEIT for two years starting from their first profit making year, followed by a 50% tax relief for the next three years (“Tax Holidays”). The PRC income taxes for these two entities were therefore exempted for the year ended 31 December 2006 and 50% relief for the year ended 31 December 2007. Sunny Zhongshan and Sunny Opotech were established as sino- foreign equity joint ventures of manufacturing nature established in coastal economic open zone in the PRC with applicable tax rates of 24% and 26.4%, respectively. In accordance with FEIT Laws in PRC, Sunny Zhongshan and Sunny Opotech are also entitled to the Tax Holidays. Sunny Zhongshan had no tax assessable profit for the year ended 31 December 2006 and was exempted for the year ended 31 December 2007. The PRC income tax for Sunny Opotech was exempted for both years ended 31 December 2007 and 2006. 8. 所得稅開支截至二零零七年及二零零六年十二月三十一日止年度各年的即期稅項開支指根據位於中國的集團實體應課稅收入適用稅率計算的中國所得稅。浙江舜宇光學及寧波儀器為在中國沿海經濟開放區成立從事製造業的中外合資經營企業，適用稅率為 26.4% 。根據中國外資企業所得稅（「外資企業所得稅」）法，浙江舜宇光學及寧波儀器可自首個獲利年度起計兩年內免繳外資企業所得稅，而隨後三年則獲半免（「免稅期」）。因此，浙江舜宇光學及寧波儀器於截至二零零六年十二月三十一日止年度獲豁免繳付外資企業所得稅，而截至二零零七年十二月三十一日止年度則獲半免。舜宇中山及舜宇光電信息為在中國沿海經濟開放區成立從事製造業的中外合資經營企業，適用稅率分別為 24% 及 26.4% 。根據中國外資企業所得稅法，舜宇中山及舜宇光電信息亦可享有免稅期。舜宇中山於截至二零零六年十二月三十一日止年度無應課稅溢利，而於截至二零零七年十二月三十一日止年度獲豁免繳付外資企業所得稅。舜宇光電信息於截至二零零七年及二零零六年十二月三十一日止兩年獲豁免繳納外資企業所得稅。