Example sentences of "[vb past] [adv prt] or derived [prep] " in BNC.
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| 1 | The issue in this appeal is whether profits accruing to the taxpayer company , HK-TVB International Ltd. in the four years of assessment 1980–81 to 1983–84 arose in or derived from Hong Kong . |
| 2 | The issue in Commissioner of Inland Revenue v. Hang Seng Bank Ltd. [ 1991 ] 1 A.C. 306 was also whether certain profits accruing to a company trading in Hong Kong arose in or derived from Hong Kong , but the facts were somewhat different . |
| 3 | ‘ But the question whether the gross profit resulting from a particular transaction arose in or derived from one place or another is always in the last analysis a question of fact depending on the nature of the transaction . |
| 4 | Further their Lordships have no doubt that when Lord Bridge , after quoting the guiding principle , gave certain examples he was not intending thereby to lay down an exhaustive list of tests to be applied in all cases in determining whether or not profits arose in or derived from Hong Kong . |
| 5 | Their Lordships therefore consider that the profits accruing to the taxpayer on the grant of sub-licences during the relevant years of assessment arose in or derived from Hong Kong and as such were subject to profits tax under section 14 . |
| 6 | Furthermore the court 's alternative conclusion that the profit arose in or derived from the places where these assets were licensed erroneously presupposes that the rights in question had a fixed situs outside Hong Kong whence profits accrued not to the sub-licensees but to the taxpayer . |