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What restriction will Inland Revenue Ordinance have on deduction for donation?

April 26, 2017deduction donation inland Ordinance revenue

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What restriction will Inland Revenue Ordinance have on deduction for donation?

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A： Donation granted to recognizable charitable organization is permitted to be deducted, but total donation as required shall not be less than $100 and not more than 35% (2007/08:25%) of assessable profits .