Can the New Stamp Duty Regime Dampen Property Speculation in Hong Kong?taxationThis short article discusses the new stamp duty measures that are introduced in Hong Kong to curb property speculation and argues that the new measures may notKwan, Vincent P. C...
HONG KONG, Nov. 15 (Xinhua) -- The Legislative Council of China's Hong Kong Special Administrative Region (HKSAR) on Wednesday adopted the Stamp Duty (Amendment) (Stock Transfers) Bill 2023 after a third reading. The stamp duty will be cut from the current 0.13 percent to 0.1 percent of ...
CICC: the increase of stamp duty in Hong Kong will not reverse the general direction of improving fundamentals and improving liquidity
The Stamp Duty (Amendment) (Stock Transfers) Ordinance 2023which gives effect to the proposal in the 2023 Policy Address to reduce the rate of stamp duty on contract notes for sale or purchase of Hong Kong stock from 0.13% to 0.1% has come into operation today (i.e., 17 ...
The Yet-to-Be Effective But Effective Tax: Hong Kong's Buyer's Stamp Duty as a Critical Case Study of Legislation by Press Release This Article utilizes the recent use of legislation by press release to implement the Buyer's Stamp Duty in Hong Kong as a case study to critically ... J...
duty and as Hong Kong stock for the purposeofstamp dutyontransfer and thus may attractstamp dutyonthe transfer of Units. htisec.com htisec.com 就香港遺產稅而言,基金單位可被視為香港資產;就轉讓印花稅而言,基金視作香港 證券,因而在轉讓時可能須付印花稅。
On November 8, the Government of the Hong Kong Special Administrative Region (HKSAR) published the Stamp Duty Legislation (Miscellaneous Amendments) Bill 2024 to waive the stamp duty payable on the transfer of shares or units of real estate investment trust (REIT) and the jobbing business of opt...
He added that the city’s economy is in the early recovery stage, but the public and many enterprises are still weighed down by tremendous pressure and require support. The financial chief said Hong Kong will take a moderate to liberal fiscal stance, with about 80 percent of the budget earma...
HONG Kong hiked stamp duty on stock trades yesterday for the first time in almost three decades as it tries to plug a pandemic-induced record budget deficit, sending the local equity market tumbling. The business-friendly financial hub, which prides itself on low taxes and no capital gai...
further stamp duty hike andlonger existing period of higher stamp duty. Historically, the trend ofstamp duty in other markets was being cut and finally scraped. If stamp dutyremains at a high level in the long run, it will definitely hurt HKEX’s marketvelocity and hurt its attractiveness to...