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  • April 20, 2014
  • Last updated: 10:24am
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Results 1 - 10 of 17 for stamp duty

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  1. Property - International - INVESTMENT

    Property investors switch focus from East Asia to the West

    Posted May 01st 2013, 12:00am by Peggy Sito

    ... property prices. In its latest round of such measures, Hong Kong in February doubled the maximum stamp duty payable on the sale of residential and non-residential properties valued at more than HK$2 million. That came on top of curbs such as the additional as stamp duties levied on foreign and corporate buyers. On the mainland, a pre-announced 20 per cent capital gains tax ...

  2. Business - Money - INVESTMENT

    Legend-backed Hony Capital targets state sector for investments

    Posted Apr 15th 2014, 12:21am by Reuters

    ... of China's biggest sheet glass manufacturers, construction equipment giant Zoomlion Heavy Industry Science & Technology and Lianyungang Zhongfu Lianzhong Composites, a manufacturer of heavy-duty ...

  3. Business - Banking & Finance - INVESTMENT

    Private equity's princeling with the Midas touch

    Posted Apr 10th 2014, 03:31pm by Reuters

    ... said Alibaba and Cinda were not all that lured them to Boyu. Investors were also impressed with Boyu's 2011 purchase of a controlling stake in Sunrise Duty Free- which runs all the duty-free stores at Shanghai and Beijing's international airports. That deal, they said, provided evidence the Alvin Jiang could gain access to a strictly controlled state sector and convert ...

  4. Property - Hong Kong & China - INVESTMENT

    Expats in Hong Kong say property measures discriminate against them

    Posted Dec 12th 2012, 12:00am by Alex Frew Mcmillan

    ... to have unintended effects, for expats and so forth." An Australian pilot based in Hong Kong says he and his wife, who were about to settle on a property just before the new stamp duty ... additional stamp duty of 15 per cent on purchases by corporate and non-permanent-resident buyers. The tax was among measures announced on October 29 and was widely understood to target mainland ...

  5. Business - Money - INVESTMENT

    Investors find ideal spot to park their money

    Posted Nov 09th 2012, 12:00am by Yvonne Liu

    ... the additional stamp duties to dampen property prices, parking spaces have become the most popular property investment in town as they are not covered by the new duties. Smart investors have thus shifted the focus to car parks which offer a high rental yield of 3 to 5 per cent, plus there is no stamp duty when it's time to sell. Chinachem Group has released an unspecified number of parking ...

  6. Property - International - INVESTMENT

    Falling demand and prices force Hong Kong, Singapore developers abroad

    Posted Jan 15th 2014, 05:33am by BLOOM

    ... and some of the strictest measures were implemented last year. They included a cap on debt at 60 per cent of a borrower's income, higher stamp duties on home purchases and a rise in real estate taxes. Hong Kong has raised the minimum mortgage down payment six times since 2010 and imposed taxes including a doubling of the stamp duty on deals of more than HK$2 million in February, ...

  7. Business - Commodities - INVESTMENT

    The art of measuring worth of collectibles

    Posted Feb 17th 2014, 04:47am by Benjamin Robertson

    ... Syed, head of strategic solutions at Coutts. "It is interest and passion-driven and you can't quantify passion." Collectibles include vintage cars, fine wine, art and stamps ... cent from 20 to 25 per cent in the 1990s. Stamp and coin expert Stanley Gibbons plans to launch an index to track the prices of 200 popular investment-grade stamps from Republican China ...

  8. Business - Money - INVESTMENT

    Hong Kong's Islamic finance goal boosted by Basel III rules

    Posted Dec 16th 2013, 04:28am by Enoch Yiu

    ... bondholders are subject to stamp duty, income tax and profit tax. Ordinary interest-paying bonds are not taxable in Hong Kong. The government changed the law in July to bring taxes for sukuks in line ...

  9. Property - International - INVESTMENT

    Non-permanent residents look outside Hong Kong for real estate opportunities

    Posted Sep 04th 2013, 12:00am by Alex Frew Mcmillan

    ... Alex Frew McMillan property.post@scmp.com Government measures to cool property market, including extra stamp duty on non-resident buyers, have forced some expats to buy overseas 'Hong ... as the "buyer's stamp duty". Many observers believe the tax was mainly designed to curb investment by mainland Chinese buyers. Their participation fell from a high of 38.2 per cent of new-home sales ...

  10. Property - International - INVESTMENT

    Overseas developers tout property projects to Hong Kong investors

    Posted Jun 05th 2013, 12:00am by Peggy Sito

    ... control measures in February." The government has taken a series of steps since last October to curb prices, including imposing a new 15 per cent buyer's stamp duty on residential ... the doubling of stamp duty levied on residential and non-residential property transactions valued at more than HK$2 million, and further tightening of mortgage lending. "About 10 to 15 per cent ...




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