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Mercury Securities Research
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The Alpha Trader
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save malaysia!
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BFM Podcast
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CS Tan
4.9 / 5.0
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....
bsngpg
2,842 posts
Posted by bsngpg > 2015-09-06 13:59 | Report Abuse
I am thinking:
Before: product cost= usd20, selling cost =$24(to U.S. Buyers), gp =$4. Pay M'sia tax @25%=$1. Net Profit=$3.
After : product cost= usd20, selling cost =$20(SPMX HKong), gp =$0. Pay M'sia tax @25%=$0. Net Profit=$0.
SPMX HKong sells at $24 to U.S. buyers with profit $4. Tax to HK gov@16.5%=$0.66. Tax saving=1-0.66=0.34.
Physical commercial works at M'sia with invoices from HK.