Businesses pay taxes on their net income. Net income, is not the same as revenue, however. To calculate the net income, you need to start with the firm's revenues and deduct the relevant expenses located on the income statement. The computation itself is basic, and requires no specialized knowledge; take care, however, to input the numbers correctly to avoid any errors.
Deng Xiaoping emerges as paramount leader of the People's Republic of China. Deng had been dropped from the leadership roles after the April 1976 demonstrations in Tiananmen Square. As noted above, in July 1977 he returned to all his official positions and in addition he was the chief of staff of the People's Liberation Army.
Mao Zedong or Mao Tse-tung (/ËmaÊ zÉËdÊÅ, dzÉ-/; December 26, 1893 â September 9, 1976), also known as Chairman Mao, was a Chinese communist revolutionary and founding father of the People's Republic of China, which he governed as the Chairman of the Communist Party of China from its establishment in 1949, until his death in 1976.