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system
how do i interpret these income tax numbers for chinese public company dangdang inc. (dang)?
user
it was not taxed in the previous years because it wasn't in profit. the amount for 2010 is more due to accounting treatment, on account of "deferred domestic income tax". the figures are at http://data.cnbc.com/quotes/dang/tab/7.2 you can search for a better understanding of deferred domestic income tax, a brief explanation is at http://www.investopedia.com/terms/d/deferredincometax.asp
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