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During the current year of assessment, Dornan received a low- interest loan from his employer. The taxable fringe benefit is calculated using which rate?

During the current year of assessment, Dornan received a low- interest loan from his employer. The taxable fringe benefit is calculated using which rate? a. Official interest rate less interest rate on the loan b. Official interest rate c. Interest rate on the loan less official interest rate d. Interest rate on the loan

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