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Tax Information :
Profits Tax
: Specified Rate of Interest
for the Purposes of Section 16(2)(b) of the Inland Revenue Ordinance
The
information on this home page is for reference only. The
rate of interest specified by the Financial Secretary is
published by notice in the Gazette. In case of dispute the
Gazette rate shall prevail.
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For the purposes of Section 16(2)(b) of the Inland
Revenue Ordinance, the rate of interest specified by the Financial
Secretary by notice in the Gazette is as follows: -
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Effective Date
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Annual Rate
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18 May 1989
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6.75%
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1 Dec 2002
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The highest interest rate on
Hong Kong dollar savings account as quoted from time to time
by the banks set out in the
Schedule to the Legal Tender Notes Issue Ordinance (Cap. 65) |
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