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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.630-0.8%Nov 28 9:30 AM EST

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To: j rector who wrote (665)4/16/1998 5:51:00 PM
From: j rector  Read Replies (1) of 1418
 
I'm confused:

Longer tax reduction periods
are available for "export oriented enterprises" (50% reduction in income tax but less
than 10% for each year the venture exports 70% by value of production) and
"technologically advanced enterprises" (50% reduction in income tax but not less than
10% for an additional three years after the expiration of the normal holiday period).

Is this on top of the enterprise zone reduction?
Can you get BOTH an export and a technology-oriented reduction?
Is the reduction limited to 3 years after the normal holiday period ends?

I also don't understand the phrase: less than 10% for each year the venture exports 70% by value of production.
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