16 Dec 2025
THE COMMISSIONER OF INLAND REVENUE v. DRACO HUMAN RESOURCES MANAGEMENT LTD
- Citation
- [2025] HKDC 2120
- Court
- District Court
- Case number
- DCTC192/2025
The appeal is allowed in respect of the pre-judgment interest rate because the statutory scheme in section 71(11) IRO and binding practice in tax recovery cases support awarding pre-judgment interest at the judgment debt rate absent exceptional circumstances, and the defendant's asserted grounds did not amount to such circumstances; accordingly the Registrar's award of interest at best lending rate plus 1% was set aside and replaced with judgment-rate interest for the relevant period.