For loans that do not meet the above-mentioned conditions and where the transitional rules are not applicable, the mortgage interest deduction will no longer be allowed. As of 1 January 2014, the maximum effective tax rate against which the mortgage interest is deducted is lowered. The result ...
concessions which are generally applicable to various sectors such as the deductions currently allowed for profits tax purposes. legco.gov.hk 政府當局不贊成為 某一特 定界別或 行業提供其專享的稅務優惠,但卻引述一些普遍適用 於各 個界別的稅務優惠,例如 現時就利得 稅設 定的扣稅項目。 legco.gov....
In conjunction with the Office of the Legal Counsel, the Division assists in maintaining the privileges and immunities of the Organization with respect to the Organization’s tax and import and export exemptions and in connection with the immunities applicable to the Organization’s assets and person...
derived from the transaction) may only be set off against the taxpayer’s assessable profits derived in the current or subsequent years of assessment from specified foreign-sourced income that is chargeable to profits tax under the refined FSIE regime. Net operating losses cannot be carried backward...