1964_INLAND_REVENUE_ORDINANCE — Page 4

HK Historical Laws 香港歷史法例 All AI Reviewed

1989 Ed.]

Inland Revenue

[CAP. 112

3

Section Page

19B. Approved charitable donations 60

19C. Treatment of losses after 1 April 1975 60

19D. Computation of losses after 1 April 1975 62

19E. Adjustment of losses 62

20. Liability of certain non-resident persons 63

20A. Persons chargeable on behalf of a non-resident 63

20B. Persons chargeable in respect of certain profits of a non-resident 64

21. Assessable profits of certain businesses to be computed on a percentage of the turnover 65

21A. Computation of assessable profits from cinematograph films, patents, trademarks, etc. 66

22. Assessment of partnerships 66

22A. Ascertainment of share of partnership profits or losses 67

23. Ascertainment of assessable profits of life insurance corporations 67

23A. Ascertainment of assessable profits of insurance corporations other than life insurance corporations 71

23AA. Mutual insurance corporations 72

23B. Ascertainment of the assessable profits of a resident ship-owner 72

23C. Ascertainment of the assessable profits of a non-resident ship-owner 73

24. Clubs, trade associations, etc. 75

25. Deduction of property tax from profits tax 75

26. Exclusion of certain dividends and profits from the assessable profits of other persons 76

26A. Exclusion of certain profits from tax 77

> 27- (Repealed)... 32

-PART (Repealed)

PART VI DEPRECIATION, ETC.

34. Initial and annual allowances, industrial buildings and structures 77

35. Balancing allowances and charges, industrial buildings and structures 79

35A. Special provisions on termination of leasehold interest 80

35B. Buildings and structures bought unused................................................................... FA 38 80

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1989 Ed.] Inland Revenue [CAP. 112 3 Section Page 19B. Approved charitable donations 60 19C. Treatment of losses after 1 April 1975 60 19D. Computation of losses after 1 April 1975 62 19E. Adjustment of losses 62 20. Liability of certain non-resident persons 63 20A. Persons chargeable on behalf of a non-resident 63 20B. Persons chargeable in respect of certain profits of a non-resident 64 21. Assessable profits of certain businesses to be computed on a percentage of the turnover 65 21A. Computation of assessable profits from cinematograph films, patents, trademarks, etc. 66 22. Assessment of partnerships 66 22A. Ascertainment of share of partnership profits or losses 67 23. Ascertainment of assessable profits of life insurance corporations 67 23A. Ascertainment of assessable profits of insurance corporations other than life insurance corporations 71 23AA. Mutual insurance corporations 72 23B. Ascertainment of the assessable profits of a resident ship-owner 72 23C. Ascertainment of the assessable profits of a non-resident ship-owner 73 24. Clubs, trade associations, etc. 75 25. Deduction of property tax from profits tax 75 26. Exclusion of certain dividends and profits from the assessable profits of other persons 76 26A. Exclusion of certain profits from tax 77 > 27- (Repealed)... 32 -PART (Repealed) PART VI DEPRECIATION, ETC. 34. Initial and annual allowances, industrial buildings and structures 77 35. Balancing allowances and charges, industrial buildings and structures 79 35A. Special provisions on termination of leasehold interest 80 35B. Buildings and structures bought unused................................................................... FA 38 80
Baseline (Original)
1989 Ed.] Inland Revenue [CAP. 112 3 Section Page 19B. Approved charitable donations 60 19C. Treatment of losses after 1 April 1975 60 19D. Computation of losses after 1 April 1975 19E. Adjustment of losses 62 20. Liability of certain non-resident persons 20A. Persons chargeable on behalf of a non-resident 63 20B. Persons chargeable in respect of certain profits of a non-resident 1 * * * 3 3 3 62 63 64 21. Assessable profits of certain businesses to be computed on a percentage of the turnover 65 21A. Computation of assessable profits from cinematograph films, patents, trademarks, etc. 22. Assessment of partnerships 22A. Ascertainment of share of partnership profits or losses 23. Ascertainment of assessable profits of life insurance corporations 93 8 8 66 66 67 67 23A. Ascertainment of assessable profits of insurance corporations other than life insurance corporations 71 23AA. Mutual insurance corporations 72 23B. Ascertainment of the assessable profits of a resident ship-owner 72 23C. Ascertainment of the assessable profits of a non-resident ship-owner 73 24. Clubs, trade associations, etc. 75 25. Deduction of property tax from profits tax 75 26. Exclusion of certain dividends and profits from the assessable profits of other persons 76 26A. Exclusion of certain profits from tax > 27- (Repealed)... 32 76 77 -PART (Repealed) PART VI DEPRECIATION, ETC. 34. 35. 35A. Initial and annual allowances, industrial buildings and structures Balancing allowances and charges, industrial buildings and structures Special provisions on termination of leasehold interest 35B. Buildings and structures bought unused................................................................... FA 38 77 79 80 80
2026-05-04 20:34:20 · Baseline
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1989 Ed.]

Inland Revenue

[CAP. 112

3

Section

Page

19B.

Approved charitable donations

60

19C.

Treatment of losses after 1 April 1975

60

19D.

Computation of losses after 1 April 1975

19E.

Adjustment of losses

62

20.

Liability of certain non-resident persons

20A.

Persons chargeable on behalf of a non-resident

63

20B.

Persons chargeable in respect of certain profits of a non-resident

1 * * * 3 3 3

62

63

64

21.

Assessable profits of certain businesses to be computed on a percentage of the

turnover

65

21A.

Computation of assessable profits from cinematograph films, patents,

trademarks, etc.

22.

Assessment of partnerships

22A.

Ascertainment of share of partnership profits or losses

23.

Ascertainment of assessable profits of life insurance corporations

93 8 8

66

66

67

67

23A.

Ascertainment of assessable profits of insurance corporations other than life

insurance corporations

71

23AA. Mutual insurance corporations

72

23B.

Ascertainment of the assessable profits of a resident ship-owner

72

23C.

Ascertainment of the assessable profits of a non-resident ship-owner

73

24.

Clubs, trade associations, etc.

75

25.

Deduction of property tax from profits tax

75

26.

Exclusion of certain dividends and profits from the assessable profits of other

persons

76

26A.

Exclusion of certain profits from tax

> 27-

(Repealed)...

32

76

77

-PART

(Repealed)

PART VI

DEPRECIATION, ETC.

34.

35.

35A.

Initial and annual allowances, industrial buildings and structures

Balancing allowances and charges, industrial buildings and structures Special provisions on termination of leasehold interest

35B.

Buildings and structures bought unused...................................................................

FA 38

77

79

80

80

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