d kwok
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Gains on foreign life insurance policies
I redeemed a foreign insurance last year & have some query on input of the page "Other overseas income and gain". For my gains on foreign life insurance policies, I understand the gained amount can be reduced for 1. periods of non-residence & 2. the number of years since the insurance was made (i.e. from insurance commence to redeemed). So when I fill in the field "Gains on foreign life insurance policies", shall i fill in the reduced gained amount , calculating by reducing both 1. period of non-residence and 2. no. of years since the insurance was made ? Thank you