To add on to the GST part, they actually saved more than 4% as China competitor last time do not need to pay any tax pre-GST while CW pays 10% SST. Now China competitor have to pay 6% which means CW became more price competitive by 10%.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
HellowKiety
97 posts
Posted by HellowKiety > 2015-09-29 09:38 | Report Abuse
To add on to the GST part, they actually saved more than 4% as China competitor last time do not need to pay any tax pre-GST while CW pays 10% SST. Now China competitor have to pay 6% which means CW became more price competitive by 10%.