Annual Report 2020

FOR THE YEAR ENDED 31 DECEMBER 2020 截至二零二零年十二月三十一日止年度 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報告附註 199 2020 ANNUAL REPORT 年報 12 所得稅（抵免）╱支出 截至二零二零年十二月三十一日止年 度，本集團並無任何須繳付香港利得稅的 應課稅溢利，因此無香港利得稅之撥備 （二零一九年：相同）。 根據自二零零八年一月一日生效之中國 企業所得稅法（「企業所得稅法」），除非優 惠稅率適用，否則於中國的公司須繳納 25% 的所得稅。 本年度嘉興東方鋼簾線有限公司（「嘉興 東方」）及滕州東方鋼簾線有限公司（「滕 州東方」）的適用企業所得稅稅率為 15% （二零一九年： 15% ），因具備高新技術企 業（「高新技術企業」）之資格。 12 INCOME TAX (CREDIT)/EXPENSE Year ended 31 December 截至十二月三十一日止年度 2020 2019 二零二零年 二零一九年 HK$’000 HK$’000 港幣千元 港幣千元 Current income tax: 當期所得稅： – China corporate income tax －中國企業所得稅 7,551 4,003 Overprovision in prior years 以前年度超額撥備 (4,235) (1,294) Total current income tax 當期所得稅總額 3,316 2,709 Deferred income tax (Note 31) 遞延所得稅（附註 31 ） (6,370) 1,317 Income tax (credit)/expense 所得稅（抵免）╱支出 (3,054) 4,026 Income tax (credit)/expense is attributable to: 所得稅（抵免）╱支出歸因於： – Continuing operations －持續經營業務 (3,054) 4,026 – Discontinued operation (Note 32) －已終止經營業務（附註 32 ） – – (3,054) 4,026 No provision for Hong Kong profits tax for the year ended 31 December 2020 as there is no assessable profit subject to Hong Kong profits tax (2019: same). Pursuant to the Corporate Income Tax Law of the PRC effective from 1 January 2008 (the “CIT Law”), companies in the PRC are subject to income tax of 25% unless preferential rate is applicable. The applicable CIT tax rate for Jiaxing Eastern Steel Cord Co., Ltd . (“JESC”) and Tengzhou Eastern Steel Cord Co., Ltd . (“TESC”) were 15% for the year (2019: 15%), as they are qualified as High and New Technology Enterprise (“HNTE”).