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  • October 23, 2014
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Results 1 - 10 of 534 for 15 per cent stamp duty

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  1. News - Hong Kong - POLITICS

    Unpaid property taxes piling up in law firms a risk as Legco delays stamp duty bill, John Tsang claims

    Posted Jul 07th 2014, 05:43am by Patsy Moy, Emily Tsang

    ... The Legislative Council's three-month summer recess begins on July 15. Tsang said the delay in approving the doubling of stamp duty made it harder for the government to respond promptly to changing ... Patsy Moy and Emily Tsang Finance chief says property levies piling up at law firms while lawmakers are filibustering Tsang frets over delay to stamp duty bill's passage Law firms ...

  2. News - Hong Kong - POLITICS

    ICAC probe Franklin Lam's property sales

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

    ... Lai Ying-kit The Independent Commission Against Corruption (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. Lam sparked controver ...

  3. News - Hong Kong - POLITICS

    CY phoned Beijing to clear stamp duty policy

    Posted Mar 26th 2013, 12:00am by Stuart Lau

    ... DAB chairman's revelation that CY telephoned Beijing to clear a new stamp duty last October sparks fears over the mainland's influence The influence of mainland authorities ... to Wang Guangya, the director of the State Council's Hong Kong and Macau Affairs Office in Beijing, a few hours before a new stamp duty aimed at non-local homebuyers - mainlanders included ...

  4. News - Hong Kong - POLITICS

    Lawmakers slam CY's Beijing call for 'breaching confidentiality'

    Posted Mar 27th 2013, 12:00am by Joyce Ng

    ... Affairs Office director, of the buyer's stamp duty against non-local flat buyers the night before it was introduced in October. The 15 per cent tax was to deter non-locals, including ... affairs joint panel meeting. If you say the buyer's stamp duty affects mainlanders and therefore you tell them in advance, did you also let them know of this double stamp duty since it also ...

  5. News - Hong Kong - POLITICS

    Law to affirm double stamp duty passed, 17 months after levy came in

    Posted Jul 16th 2014, 04:15am by PHILE SIU, Ada Lee

    ... will pay double the normal stamp duty, up to a ceiling of 8.5 per cent. The double duty has been collected on transactions since February last year, but will only now be paid to the government ... wanted to buy a 3,000 sq ft property for his business at a cost of HK$15 million, on which the stamp duty would be HK$600,000. "He is willing to pay, but if the government exempts him from ...

  6. News - Hong Kong - POLITICS

    Franklin Lam 'rejected offer HK$1m higher for flat'

    Posted Nov 02nd 2012, 12:00am by Yvonne Liu, Phila Siu

    ... duty of 15 per cent on non-permanent-resident and corporate buyers. It also raised and extended special stamp duty payable on resales. Lam said in a statement last night he had donated ... to ask for such a long transaction period when buying a second-hand flat since the government imposed the special stamp duty in November 2010. Until last Friday, this meant buyers had to pay ...

  7. News - Hong Kong - POLITICS

    More questions raised over Franklin Lam's flat sales

    Posted Nov 26th 2012, 12:00am by Phila Siu

    ... flat 14C to a friend without going through an agent to save the 1 per cent commission. Another possibility was that he sold through an agent, but offered a smaller commission under the table, ...

  8. News - Hong Kong - POLITICS

    Legco stamp-duty vote to go ahead as lawmakers reject motion to delay poll

    Posted Feb 19th 2014, 07:10pm by Tanna Chong

    ... Tanna Chong tanna.chong@scmp.com No delay on Legco stamp-duty vote Lawmakers yesterday rejected a motion to postpone voting on a controversial measure introduced in 2012 to cool the red-hot property market. Accounting sector legislator Kenneth Leung said debate on the Stamp Duty (Amendment) Bill should be adjourned to give lawmakers more time to discuss how the 15 per cent ...

  9. News - Hong Kong - POLITICS

    Bid to limit Hong Kong government's power over stamp duty heads for defeat

    Posted Feb 12th 2014, 03:47am by Stuart Lau

    ... permission before it increases, reduces or scraps the 15 per cent buyer's stamp duty imposed on purchases of homes by corporations or by individuals who are not permanent residents. ... Stuart Lau stuart.lau@scmp.com Bid to put checks on stamp duty powers set to fail A Democratic Party lawmaker's attempt to limit the government's power to adjust a tax introduced ...

  10. News - Hong Kong - POLITICS

    Franklin Lam takes leave of absence from Exco amid flat sales row

    Posted Nov 04th 2012, 12:00am by JOSHUA BUT

    ... a stringent system of confidentiality," Leung said. "There is no way Lam could have known in advance the measures on stamp duties." Lam, a property analyst and investor appointed ... a buyers' stamp duty to bring down prices. Lam denies having had insider knowledge of the curbs, but the pressure on him rose after he changed his story about an alleged offer of "extra ...




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