It is about Hong Kong Tax, Special Business, Financial Institution, profit tax calculation. Explain the concepts relationship of S,14, S.15(i), D7/84, "passive receipts" and “carrying on the business of lending money" and provide with simple example.

Question

It is about Hong Kong Tax, Special Business, Financial Institution, profit tax calculation.

Explain the concepts relationship of S,14, S.15(i), D7/84, "passive receipts" and “carrying on the business of lending money" and provide with simple example. 

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