Loan interest income▸ D7/84The sequence in determining the taxability of interestincome of an Fl:.Consider s.14(1) firstIf not chargeable under s.14(1), then consider s.15(1)(i)Interpretation on s.15(1)(i):(a) if the place where the funds are made available is a factor indetermining source under s.14; and(b) if under s.14 it is decided that the interest is not subject toHong Kong taxThen the matter must be viewed again under s.15(1)(i) but thistime the place where the funds were provided is to bedisregarded as a factor in determining the source of the interest77

The objective of the question is to understand the sequence in determining the taxability of…

Answered: Loan interest income ▸ D7/84 The…

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