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  • July 23, 2014
  • Last updated: 9:53am
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Results 1 - 10 of 20 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

    Gloomy Hong Kong investors shun property in favour of bonds

    Posted May 22nd 2014, 01:19am by Jeanny Yu

    ... levels have remained largely static in comparison. The cooling measures included a 15 per cent levy on non-permanent residents and corporate buyers, an increase in stamp duties for properties resold quickly, and a doubling of duties on all properties costing more than HK$2 million, with exemptions for permanent residents who are first-time buyers or who sell their only home to buy ...

  3. 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 ...

  4. 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 ...

  5. Business - Economy - INVESTMENT

    Service sector shines as FDI in China hits US$40b for January-April period

    Posted May 16th 2014, 11:52am by CELINE SUN AND REUTERS

    ... companies have been under bigger pressure in the face of competition from Vietnam, which has begun to enjoy preferential duties from the European Union since this year," Shen said. "But we ...

  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 - China Business - INVESTMENT

    Zimbabwe in bid for more China business

    Posted May 08th 2014, 01:15am by Benjamin Robertson and Reuters

    ... waiver of corporate taxes and removal of import duties on capital goods and vehicles for the tourism industry under the proposals. "We have a problem in understanding what you want us to do ...

  8. 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 ...

  9. 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 ...

  10. 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 ... 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 ...




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