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Hub Ltd. owns all the share capital of Olive Ltd. The income tax rate is 30%. On 1 November 2021, Olive Ltd. borrowed $100,000 from

Hub Ltd. owns all the share capital of Olive Ltd. The income tax rate is 30%. On 1 November 2021, Olive Ltd. borrowed $100,000 from Hub Ltd. at an annual interest rate of 7.0%. The loan term was fo...

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