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May 6, 2008
Cooperative advantage

'Why is its price not significantly lower than, say, Sheng Siong?'
MR YEO KHEE QUAN, who says: 'FairPrice, being a cooperative, pays no corporate taxes and is under no obligation to show a profit. If we give the corporate tax deduction to non-cooperative supermarkets, can they not give the same, if not a lower deduction, to members of FairPrice who seem to encompass everyone in Singapore?'

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