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  • November 21, 2014
  • Last updated: 11:03am
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Results 21 - 30 of 2684 for 15 per cent stamp duty

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  1. 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 ...

  2. News - Hong Kong - BUDGET

    New stamp duties 'no big blow' to government revenue: forecast

    Posted Jan 11th 2013, 12:00am by Colleen Lee

    ..., non-permanent residents and corporate buyers must pay an additional 15 per cent duty on home prices, regardless of their holding period. Under the special stamp duty increased since last October, both buyers and sellers must pay an additional 20 per cent duty on deals within six months of the original purchase. But despite the new levies, the institute expects the 2012-13 stamp duty revenue ...

  3. 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 ...

  4. 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 ...

  5. 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 ...

  6. 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. ...

  7. News - Hong Kong - PROPERTY

    Call to leave local-owned companies out of 15pc tax

    Posted Feb 01st 2013, 12:00am by Joyce Ng

    ... Joyce Ng joyce.ng@scmp.com Developers make counter-proposal to an increase of stamp duty on non-local buyers Call to leave local-owned companies out of 15pc tax Developers have made a counter-proposal to the government over a new property tax, suggesting that small companies with no more than five shareholders- who must all be locals- should be exempted from paying a 15 per cent duty ...

  8. News - Hong Kong - PROPERTY

    Factory dwellers appeal for inclusion in Community Care Fund subsidy

    Posted Jul 08th 2013, 12:00am by LO WEI, Stuart Lau

    ... attempt to cool the market by imposing additional stamp duties on property purchases. Among them was Centaline Group director Shih Wing-ching. "My company's business has dropped almost 65 per cent," he complained. Midland Holdings managing director Pierre Wong Tsz-wa said the government's policy direction was wrong. While the number of transactions had fallen, ...

  9. News - Hong Kong - PROPERTY

    Sparks fly in developers' meeting with officials over anti-speculation taxes

    Posted Dec 22nd 2012, 12:00am

    ... The association wants the new buyer's stamp duty- introduced in late October, under which overseas or corporate buyers of local properties have to pay 15 per cent of the transaction price as tax- ... Peggy Sito, Olga Wong and Ng Kang-chung Private developers, angry over government's stamp duty to curb speculation, slam officials for being 'ignorant' about the sector ...

  10. Property - Hong Kong & China - REDEVELOPMENT

    New stamp duty may lead to fewer old buildings being redeveloped

    Posted Mar 04th 2014, 02:32pm by Yvonne Liu

    ... announced. In October 2012 the government began levying an additional 15 per cent stamp duty on purchases by corporate and non-permanent-resident buyers. Last year it doubled regular stamp duties ... The imposition of extra stamp duties, which caused a 72 per cent drop last year in developers' purchases of old buildings for redevelopment, will continue to affect the sector this year, property ...




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