8:34 am Recon Technology renews preferential income tax rate, - TopicsExpress

8:34 am Recon Technology renews preferential income tax rate, receives two new software copyrights (RCON) : Co announced that its Nanjing Recon Technology division, which develops automation software products for oilfield exploitation and production, has received a three-year renewal on its government certification as a High-Tech Enterprise. As a result, this division has been awarded a reduction in income tax from 25% to a preferential EIT rate of 15% for the coming three years, commencing in 2014.

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