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Sinovac Awarded High-Tech Status, Which Brings Lower Taxes And Other Government Benefits

This article was originally published in PharmAsia News

Executive Summary

SHANGHAI - Sinovac Biotech has been granted high-tech enterprise status by three government departments and will get a lower tax rate, at 15 percent, from the standard rate of 25 percent, from 2008 to 2010, the company announced March 9
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