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X Ltd owns three properties, A, B and C. Property A is located in Hong Kong and is let out at a monthly rental of

X Ltd owns three properties, A, B and C. Property A is located in Hong Kong and is let out at a monthly rental of $40,000. Property B is also located in Hong Kong and is occupied by the companys finance director at a monthly nominal rent of $1,000. The monthly market rental of Property B is $30,000. Property C is located in the mainland China, and is let out at a monthly rental of $10,000. For all properties, all property expenses including management fees and rates are payable by tenants. What is the property tax payable by X Ltd for the year of assessment 2018/19? A $57,600 B $100,800 C $115,200 D $59,040I need the process

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