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  • November 26, 2014
  • Last updated: 5:11am
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Results 1 - 10 of 341 for 15 per cent stamp duty

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  1. News - Hong Kong - PROPERTY

    New 15 per cent stamp duty may hit expatriate homebuyers

    Posted Oct 28th 2012, 12:00am by Johnny Tam, Tony Cheung

    ... pay 10 per cent of a home's value in Additional Buyer's Stamp Duty- 5 percentage points less than such buyers must pay in Hong Kong. ... Johnny Tam and Tony Cheung Stamp duty aimed at speculators could deter not-yet-permanent residents from buying New levy will block expatriates It may be targeted at property speculators, ...

  2. News - Hong Kong

    Stamp duty for developers to remain in place

    Posted Dec 18th 2012, 03:24pm by Lai Ying-kit

    ... an exemption, for Hong Kong-registered companies, from the 15 per cent stamp duty that is now charged on flat purchases. It affects corporate buyers as well as non-permanent residents. Cheung made ... Lai Ying-kit The government will maintain its new buyer’s stamp duty on local corporate buyers of flats, the housing minister said on Tuesday. Speaking to reporters after an Executive ...

  3. News - Hong Kong - PROPERTY

    Fewer want to buy Hong Kong property after stamp duty, survey finds

    Posted Nov 12th 2012, 02:10pm by Phila Siu

    ... on Monday. Between August and October, 24 per cent of Hongkongers were interested in buying property, the bank’s poll found. That fell to 19 per cent after the market-cooling measures were introduced on October 26. The government launched a buyer stamp duty on non-permanent residents and companies, and increased and extended the special stamp duty on flat sales. The Monetary Authority made its ...

  4. News - Hong Kong - POLITICS

    ICAC probe Franklin Lam's property sales

    Posted Nov 02nd 2012, 09:18pm by Lai Ying-kit

    ... The ICAC has launched an investigation into the sale of two flats by Executive Council member Franklin Lam Fan-keung, according to a pan-democrat who earlier filed a complaint. ...

  5. News - Hong Kong - PROPERTY

    Loophole lets home sellers evade stamp duty

    Posted Nov 01st 2012, 12:00am by Joyce Ng, SANDY LI AND KWONG MAN-KI

    ... move to close a loophole that would allow outside flat buyers to evade the new 15 per cent stamp duty still leaves other escape routes. It has acted to stop developers from holding flats ... Hung, said. Officials last week acknowledged the problem of share transfers but said they accounted for just 0.1 per cent of all transactions. The 15 per cent Buyer's Stamp Duty was imposed ...

  6. Property - Hong Kong & China - PROPERTY

    Investors rush for office space as stamp duties cool market

    Posted Oct 30th 2012, 12:00am by Sandy Li, Yvonne Liu, Stuart Lau, PHOENIX KWONG

    ... to intensify after the government on Friday announced a 15 per cent additional stamp duty on residential property for corporate and non-permanent-resident buyers. It also raised the "special stamp duty" by 5 percentage points to 10 to 20 per cent. The special duty, earlier at 5 to 15 per cent of the price of the property and payable if resold within two years, will now take effect ...

  7. News - Hong Kong - PROPERTY

    Government has no plan to plug stamp duty loophole

    Posted Nov 03rd 2012, 12:00am by Joyce Ng

    ... Duty of 15 per cent, along with other duties, by using a share transfer system. If a person purchases a second-hand flat by buying the shares of the company that owns it, the buyer is regarded ... HK$100 for flats priced under HK$2 million to 4.25 per cent of property values. Last week also saw the special stamp duty on the resale of homes, introduced in 2010, extended from two to three ...

  8. News - Hong Kong - PROPERTY

    Flat sales slump since new stamp duty

    Posted Nov 13th 2012, 12:00am by Peggy Sito, Phila Siu

    ... measures. On October 26 the government announced that non-permanent residents and buyers who use company names would have to pay an additional stamp duty of 15 per cent of the price. The extra tax ... new stamp duty Property sales slumped last week, despite an increasing number of owners cutting prices, following the introduction of new stamp duty. Flat owners cut prices 3 to 5 per cent ...

  9. Property - Hong Kong & China - PROPERTY

    New stamp duties fail to deter 16 bids in two residential land block tenders

    Posted Nov 03rd 2012, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Government tenders for two housing sites attract at a total of 16 bids each before closing Developers undeterred by new stamp duties Developers do ... after it introduced a buyer stamp duty on non-permanent residents and companies last Friday and increased and extended the special stamp duty on flat sales to curb soaring home prices. Cheung ...

  10. News - Hong Kong - HOUSING

    Billionaire Henry Cheng warns new duty could rock normal property sales

    Posted Nov 09th 2012, 12:00am by Simpson Cheung

    ... Simpson Cheung simpson.cheung@scmp.com Developer calls for new look at property taxes Billionaire Henry Cheng Kar-shun has said the new stamp duty of 15 per cent imposed on non-permanent ... be stabilised by a balance between demand and supply. On October 26, financial secretary John Tsang Chun-wah announced the 15 per cent buyer's stamp duty for non-local and corporate purchases. ...




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