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  • July 12, 2014
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Results 71 - 80 of 195259 for 15 per cent stamp duty

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  1. Business - Companies

    Corrections & Clarifications

    Posted Nov 06th 2012, 12:00am

    ... The article on November 5 Business Post yesterday headlined "Flats tax dodge plan won't work: Lawyers" should have read "Flats tax dodge plan won't work: Accountants". ...

  2. News - Hong Kong - PUBLIC EYE

    Property rush was such a sickening display of greed

    Posted Oct 31st 2012, 12:00am by Michael Chugani

    ... buyers who wanted to avoid the 15 per cent tax on foreign buyers. If you don't live here, why rush to buy a flat, except for speculation? But let's save most of our disgust ... The bigger question is why we have 400,000 elderly people in real need of HK$2,200 a month. That's over 5 per cent of the population. Why is it that, as one of the world's wealthiest ...

  3. News - Hong Kong - GOVERNMENT

    Record year for tax intake- but stamp duty down

    Posted May 03rd 2014, 04:14am by SHIRLEY ZHAO

    ... cent increase in betting duty revenue. But the revenue from stamp duties fell 3 per cent to HK$41.5 billion from HK$42.8 billion the previous year, continuing a downward trend. To cool the property market, the government in 2010 imposed an additional special stamp duty of 15 per cent on homes sold within six months of purchase; 10 per cent extra on those resold within a year ...

  4. Property - Hong Kong & China - PROPERTY

    Property transactions decline despite Hong Kong stamp duty reform

    Posted May 19th 2014, 03:25am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Relaxation of double stamp duty fails to boost transactions in flats but buyer interest perks up Deals fall despite stamp duty reform On the first weekend after the government announced the relaxation of double stamp duty, the number of major property transactions fell, but the amount of buyer interest rose significantly, said Hong Kong property ...

  5. Business - Comment - MONITOR

    Forecast of 30 per cent slump in home prices is about right

    Posted Oct 29th 2013, 02:31am by Tom Holland

    ... Louie and Zita Qin at Barclays believe that consensus expectations for a correction of about 15 per cent understate the magnitude of the likely fall. They argue the 15 per cent figure is based ... Tom Holland Barclays may have jumped the gun earlier, but its researchers point to burden of mortgage servicing when rates rise amid abundant supply Forecast of 30 per cent slump in home ...

  6. Business - Money

    Hong Kong property sales up 6 per cent in 2012

    Posted Jan 01st 2013, 12:00am by Sandy Li

    ... the year with painfully low sales volume, then swung in the opposite direction in March before calming again when the government introduced the 15 per cent buyer's stamp duty for corporate ... predicted sales in the primary market could show a 15.86 per cent increase to 12,900, compared to 10,854 deals in 2011. According to Centaline Property Agency, home prices rose 17 per cent in 2012. ...

  7. News - Hong Kong - PROPERTY

    Legco unlikely to pass lawmaker's stamp duty refund plan

    Posted Jul 11th 2014, 03:55am by JEFFIE LAM, Yvonne Liu

    ... seeking properties for their own use. Commercial property agency Midland IC&I chief Daniel Wong Hon-shing expects office sales to rise 20 to 30 per cent if buyers can reclaim stamp duty ... Jeffie Lam and Yvonne Liu Radical support against stamp duty refund plan A pan-democratic legislator's idea of refunding stamp duty to firms that hold on to properties for more three ...

  8. News - Hong Kong - PROPERTY

    Mass rally planned against controversial property market cooling measures

    Posted Feb 24th 2014, 11:44am by Fanny W. Y. Fung and Ng Kang-chung

    ... than HK$2 million incur stamp duty at rates at least double those before that date unless they are permanent residents buying their first home. The new rate ranges from 1.5 per cent to 8.5 per cent, depending on the cost of the property. The old rate was between HK$100 and 4.25 per cent. Non-locals as well as companies must pay the new rate, plus a buyers' stamp duty of 15 per ...

  9. Property speculators slapped with up to 15pc extra stamp duty

    Posted Nov 20th 2010, 12:00am by Charlotte So, Dennis Eng, Yvonne Liu

    ... The monetary authority lowered the mortgage ratio for costlier flats. Properties purchased from today onwards and sold within six months will incur a 15 per cent stamp duty. This is in addition to the current stamp duty, capped at 4.25 per cent. The new levy will come down to 10 per cent for transactions between six and 12 months after purchase. It will be levied at a rate of 5 per cent ...

  10. News - Hong Kong - PROPERTY

    Stamp duty expected to hit second-hand homes hardest

    Posted Feb 24th 2014, 04:45am by Sandy Li

    ... prices will drop 10 per cent this year as individual owners or foreclosed units being put on sale offer lower prices," he said yesterday. Kwok spoke a day after the Stamp Duty (Amendment) Bill 2012 became law on Saturday following a four-day debate in the Legislative Council. The bill imposes a buyer's stamp duty of 15 per cent on top of the existing duty on non-permanent ...




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