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Income tax expense rose by 111% year on year to 9.7 billion renminbi, driven by operating profit growth and increased withholding tax provision. You know, we're very activeinvestors across the game industry. On a non-IFRS basis, share of profit increased to 4.5 billion renminbi, up from a profit of 3.1
On to Number 7, still here in the Foolish Moves category, smarter moves made by people who are already activeinvestors. With investing I've usually been strict about being tax-efficient," Kim writes, "optimizing as much as possible with the majority of my investing taking place in retirement accounts. Thank you, Philip Durell.
You can also in the act of doing that, experienced tax benefits and amortization of debt if it was used to finance the purchase. That can generate huge long-term returns that are really tax advantaged. Then I think I've already mentioned this from other tax advantages, but that makes a huge difference over time.
We held Walker & Dunlop's annual summer conference in Sun Valley, Idaho two weeks ago with some of the largest and most activeinvestors in commercial real estate. The sentiment at the conference was that after two years of rising interest rates and limited investment activity, it is time to get active again.
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