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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

    ... 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 risk having to keep an increasing amount in property taxes paid by clients because of a delay in passing legislation to enact a doubling of stamp duty, the financial chief claims. The extra ...

    http://www.scmp.com/news/hong-kong/article/1548273/unpaid-property-taxes-piling-law-firms-risk-legco-delays-stamp-duty
  2. Comment - Letters

    Increase property taxes on the rich investors who hoard vacant property

    Posted Mar 21st 2014, 04:40am by LETTERS

    ... SCMP Editorial Increase property taxes on rich investors who hoard vacant flats A tax policy that could address several of Hong Kong's challenges would recognise that: Property is a scarce resource in Hong Kong; Hoarding of property places a burden on society, particularly when premises are left vacant; Due to low interest rates and property taxes, the cost of carry ...

    http://www.scmp.com/comment/letters/article/1453544/increase-property-taxes-rich-investors-who-hoard-vacant-property
  3. News - Asia - INDONESIA

    Indonesia presidential candidate Joko Widodo announces plan to allow foreigners to buy property

    Posted Jul 04th 2014, 10:39pm by BLOOM

    ... Bloomberg in Jakarta Presidential candidate's new policy to increase tax revenue may boost demand for luxury flats Widodo vows to allow foreigners to buy property Indonesian presidential hopeful Joko Widodo plans to allow foreigners to buy apartments to boost tax revenue, a move that could spur demand for property in the country's luxury market. Foreign investors ...

    http://www.scmp.com/news/asia/article/1547000/indonesia-presidential-candidate-joko-widodo-announces-plan-allow
  4. Property - International - UNITED STATES

    Swire Properties sells Miami flats at top prices

    Posted Jul 22nd 2014, 03:35pm by Sandy Li

    ... Swire's Miami flats a top draw Swire Properties has presold at record prices more than 40 per cent of the first residential tower at its large mixed-use project in Miami, Florida, as Chinese ... from US$550,000 to US$2.5 million," Swire Properties said. It said more than 40 per cent have been sold to the international market, which "includes Asian buyers". The firm said ...

    http://www.scmp.com/property/international/article/1556966/swire-properties-sells-miami-flats-top-prices
  5. Property - International - BRITAIN

    Mainland buyers of British property unfazed by new taxes

    Posted Apr 18th 2014, 10:37am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Mainlanders, who spent about £3.5b on British property last year, are unfazed by new tax laws New taxes won't dampen Chinese interest in UK Property-related taxes imposed and proposed by the British government will not deter mainland Chinese intent on buying property in Britain, lawyers and industry insiders say. "The new tax laws ...

    http://www.scmp.com/property/international/article/1486708/mainland-buyers-british-property-unfazed-new-taxes
  6. News - Hong Kong - POLITICS

    Stamp duty relief for corporate property buyers set to be voted down

    Posted Jul 15th 2014, 04:29am by JEFFIE LAM

    ... Jeffie Lam jeffie.lam@scmp.com People Power does U-turn again on help for corporate property buyers Stamp duty change set to be blocked An amendment to stamp duty legislation to give ... to object to the proposal from pan-democrat Kenneth Leung. The amendment, to legislation to impose a doubling of stamp duty on most property purchases, will be put to a vote in the Legislative ...

    http://www.scmp.com/news/hong-kong/article/1554350/stamp-duty-relief-corporate-property-buyers-set-be-voted-down
  7. Business - Banking & Finance - FINANCE

    US slaps tax on bitcoin as IRS deems it to be 'property'

    Posted Mar 27th 2014, 01:21am by SHIRLEY ZHAO

    ... be taxed, financial analysts say. They were speaking after a decision by the United States Internal Revenue Service on Tuesday to treat virtual currency as property for tax purposes, instead of as currency. The IRS said general tax principles applicable to property transactions would apply to transactions using virtual currency. It did not recognise virtual currency as legal tender ...

    http://www.scmp.com/business/banking-finance/article/1458074/hong-kong-urged-take-firm-position-bitcoin-tax
  8. Property - Hong Kong & China - REAL ESTATE

    Property market jitters possible amid uncertainty over law to double stamp duty

    Posted Jul 14th 2014, 04:25am by Peggy Sito, Sandy Li

    ... Peggy Sito and Sandy Li Uncertainty over legislation risks weakening market confidence, warn industry observers Stamp duty law delay unlikely to benefit owners Property owners are set to be disappointed if they think the delay in passing legislation to enact a doubling of stamp duty will cause prices to rise. According to industry observers, the delay will not materially affect property ...

    http://www.scmp.com/property/hong-kong-china/article/1553619/property-market-jitters-possible-amid-uncertainty-over-law
  9. News - Hong Kong - PROPERTY

    Legco gets more control over double stamp duty property-cooling measure

    Posted May 28th 2014, 02:22pm by Tanna Chong

    ... stamp duty – under which buyers who own other properties and those who are not permanent residents must pay higher taxes – of the change yesterday. The government has collected the tax since ... Tanna Chong tanna.chong@scmp.com Government makes concession amid fears stamp duty bill could fail Lawmakers to get say before changes to tax Lawmakers will have a chance to block any ...

    http://www.scmp.com/news/hong-kong/article/1520311/legco-gets-more-control-over-double-stamp-duty-property-cooling
  10. Property - Hong Kong & China - Tax

    As China drafts property tax law, fate of pilot programme up in the air

    Posted Mar 11th 2014, 02:29pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Confusion over trial property tax The mainland has started drafting a property tax law, but analysts are not sure whether it means a pilot programme ... Congress, told reporters on Sunday that the government "is drafting the [property tax] law and will submit it for approval when the time is ripe". That relieved some industry figures, ...

    http://www.scmp.com/property/hong-kong-china/article/1446030/china-drafts-property-tax-law-fate-pilot-programme-air

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