• Wednesday
  • November 26, 2014
  • Last updated: 2:17pm
Hong Kong




Refine Your Search

Sort by


Search Results

Results 1 - 10 of 13 for stamp duty

Search results

  1. Business - Comment - MONITOR

    Hong Kong's stamp duties are woefully inefficient ways to tax

    Posted Oct 22nd 2013, 03:27am by Tom Holland

    ... Tom Holland The argument that revenue raised from taxing share transactions is a pay cheque for Hongkongers for keeping the rule of law is short-sighted HK's stamp duty is a woefully inefficient way to raise money On Sunday, my esteemed colleague Jake van der Kamp duffed me up in print. I'd provoked his ire by arguing that the Hong Kong government should scrap its stamp duty ...

  2. Business - Comment - MONITOR

    Arguments for keeping Hong Kong's stamp duty fail close scrutiny

    Posted Nov 01st 2013, 03:09am by Tom Holland

    ... stamp duty fail close scrutiny A newspaper column calling for a cut in tax would normally get an enthusiastic reception. So although I wasn't surprised by the volume of readers' e-mail messages that flowed in after Monitor suggested a couple of weeks ago that Hong Kong should scrap its stamp duty on share trading, I was gobsmacked by the vehemence of their criticism. There can ...

  3. Business - Banking & Finance - MONITOR

    Hong Kong should scrap its stamp duty on share trading

    Posted Oct 18th 2013, 04:31am by Tom Holland

    ... stamp duty on share trading To support its unsuccessful attempt to list in Hong Kong, Chinese internet retail giant Alibaba argued that the city's share of Asian stock market trading ... lacklustre trading volumes. The main reason is the Hong Kong government's stamp duty on stock transactions. Every time a share changes hands on the Hong Kong stock exchange, the buyer and seller ...

  4. Comment - Insight & Opinion - MONITOR

    The unintended consequences of Hong Kong's property policies

    Posted Nov 29th 2013, 04:27am by Tom Holland

    ... Tom Holland From 85,000 new flats a year proposed by Tung to the recent increase of stamp duty, our officials have achieved the opposite of what they wanted The unintended consequences ... out speculation and cool prices by jacking up its punitive tax on property owners who sell within three years of buying, Monitor warned dolorously that "raising special stamp duty rates ...

  5. Business - Comment - MONITOR

    How to make two problems worse with just one policy

    Posted Feb 25th 2013, 12:00am by Tom Holland

    ... - last week the financial secretary came out with an idea that in one stroke manages to make them both worse. On Friday Tsang announced he was jacking up the stamp duty on home purchases, making properties even less affordable for would-be buyers, while raising even more un-needed revenue for a government that's already rolling in excess funds. Under the new measures, the stamp duty ...

  6. Best not to meddle in mainland markets

    Posted Jun 20th 2008, 12:00am by Tom Holland

    ... they have approved new investment funds, slashed stamp duty, limited sales of large blocks of stock and threatened to punish fund managers who unload shares. At best, each measure provided only ...

  7. Business - Comment - MONITOR

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

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

    ... that buyers would flock back to the market. Speculative buyers have already been deterred by the government's special stamp duty. And with little prospect of capital gains in sight, potential ...

  8. Business - Comment - MONITOR

    Alibaba's loss won't damage the Hong Kong stock market

    Posted Sep 26th 2013, 12:00am by Tom Holland

    ... Hong Kong's share of regional trading is falling largely because local stamp duties discourage high-frequency algorithmic trading, which is taking off in other major markets like Japan. ...

  9. Little HK can do to slow inflows of hot money

    Posted Oct 26th 2009, 12:00am by Tom Holland

    ... or raise stamp duties to discourage speculation. But ultimately, there is little Hong Kong can do but go with the inflow, and suffer all the disadvantages of having too much money. ...

  10. Beijing may find it hard to buck the economic cycle

    Posted Oct 21st 2008, 12:00am by Tom Holland

    ... textiles. At the same time, regulators have cut the stamp duty on share purchases to assist the ailing stock market, while some local governments have cut taxes on real estate transactions ...




SCMP.com Account