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Qidong Jiangsu
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Can companies use tax deferment to fake good performance of the company ?
Example , company reports good profit for the year, but fails to account for the tax deferment it had to pay later on.
Hence , without emphasizing too much on this aspect, investors will be duped to put their hard earn money in.
How can laws be made to ensure honesty and transparency of the management to made this caution ?
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