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Results 1 - 10 of 162 for stamp duty

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  1. 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

    ... can help parents avoid tax A lawmaker has urged the government to drop a loophole that allows property buyers to avoid higher stamp duty by buying flats in their children's name. The bill exempted first-time buyers under 18 from the double stamp duty, a provision their parents or guardians could abuse, Democratic Party legislator James To Kun-sun said. "An adult can make use ...

    http://www.scmp.com/news/hong-kong/article/1434023/mass-rally-planned-against-controversial-property-market-cooling
  2. News - Hong Kong - PROPERTY

    Higher stamp duties approved by Legco 16 months after being imposed

    Posted Feb 23rd 2014, 05:11am by Tony Cheung

    ... rise finally approved Higher stamp duties to cool Hong Kong's property market finally became law yesterday amid a flurry of grandstanding in the Legislative Council. The duties, which have ... in the past 16 months. The measures have wide public support, but their approval was held up as lawmakers sought a legally binding say in future stamp duty decisions. In the end, just after 4.30pm, 23 ...

    http://www.scmp.com/news/hong-kong/article/1433559/higher-stamp-duties-approved-legco-16-months-after-being-imposed
  3. News - Hong Kong - PROPERTY

    Stamp duty expected to hit second-hand homes hardest

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

    ... Sandy Li sandy.li@scmp.com SHKP chairman says developers have already slashed prices on flats in new developments Stamp duty expected to hit second-hand homes hardest The city's second-largest property developer, Sun Hung Kai Properties, believes higher stamp duties that became law at the weekend will hit the secondary residential market hardest, despite developers slashing ...

    http://www.scmp.com/news/hong-kong/article/1433797/stamp-duty-expected-hit-second-hand-homes-hardest
  4. News - Hong Kong - PROPERTY

    Legco set to vote for year-old stamp duty rise

    Posted Feb 18th 2014, 05:11am by TANNA CHONG AND OLGA WONG

    ... Tanna Chong and Olga Wong Government's word looks like it will be enough regarding negative vetting of future measures Legco set to vote for year-old stamp duty rise Additional stamp ... legislators. At least 42 of the 70 lawmakers say they will support the government's Stamp Duty (Amendment) Bill when it is put to a Legislative Council vote. But some are calling for the vote ...

    http://www.scmp.com/news/hong-kong/article/1429836/legco-set-vote-year-old-stamp-duty-rise
  5. News - Hong Kong - PROPERTY

    Controversial property stamp duty bill moves one step closer to passage

    Posted Feb 20th 2014, 12:22pm by Amy Nip and Tanna Chong

    ... Amy Nip and Tanna Chong Buyer's stamp duty likely to become law within days, but will it encourage sellers to cut prices and boost sluggish sales of second-hand flats? Agents divided ... introduce the buyer's stamp duty. The bill is expected to pass a third reading within days. A third reading would write into the statute books the 15 per cent tax on home purchases ...

    http://www.scmp.com/news/hong-kong/article/1431681/controversial-stamp-duty-bill-moves-one-step-closer-passage
  6. News - Hong Kong - PROPERTY

    Changes to stamp duty adjustment system to incorporate different approaches

    Posted Feb 15th 2014, 03:46am by Tanna Chong

    ... duty adjustment mechanism The government has announced changes to its system of adjusting stamp duty levels, amid lawmakers' repeated attempts to limit its power to do so. Secretary for Transport and Housing Professor Anthony Cheung Bing-leung yesterday said the government would adopt different legislative approaches for adjusting the 15 per cent buyers' stamp duty, introduced ...

    http://www.scmp.com/news/hong-kong/article/1428020/changes-stamp-duty-adjustment-system-incorporate-different-approaches
  7. News - Hong Kong - PROPERTY

    New battle looms on property duty rises

    Posted Feb 24th 2014, 04:45am by FANNY W. Y. FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com Pan-democrats set to continue pressing their demand for the right to vet future increases, threatening passage of the double stamp duty New battle ... revisions. But the housing minister remains non-committal. Legco passed the extended buyers' stamp duty on Saturday after a 35-hour debate. Twenty-three pan-democrats walked out in protest ...

    http://www.scmp.com/news/hong-kong/article/1433886/new-battle-looms-property-duty-rises
  8. News - Hong Kong - PROPERTY

    Housing official rejects calls to exempt charities from stamp duty

    Posted Oct 04th 2013, 12:00am by PROD

    ... Ng Kang-chung kc.ng@scmp.com Senior housing official rejects calls from lawmakers to exempt charities from property tax introduced to combat market speculation No stamp duty exemption ... from the 109 properties it owns. The Stamp Duty (Amendment) Bill 2012 imposed a buyer's stamp duty of 15 per cent of the purchase price of properties, payable by all non-permanent-resident ...

    http://www.scmp.com/news/hong-kong/article/1323724/housing-official-rejects-calls-exempt-charities-stamp-duty
  9. Business - Property - PROPERTY

    Stamp duty increase provokes protests

    Posted Jun 13th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Stamp duty increase provokes protests More organisations and individuals have joined the chorus of criticism against the doubling of stamp duty on the purchase ... of Chartered Surveyors said. "The proposed double stamp duty might send a negative signal to the international business community and therefore potentially adversely affect Hong Kong's ...

    http://www.scmp.com/business/article/1259450/stamp-duty-increase-provokes-protests
  10. Business - Property - PROPERTY

    Opposition to Hong Kong property stamp duty rise grows vocal

    Posted Jul 08th 2013, 12:00am by Sandy Li

    ... are increasingly expressing their opposition to the government's plan to double stamp duty on property transactions. The Canadian Chamber of Commerce on Wednesday hosted a panel discussion ... against property market curbs they said had affected their livelihoods. Since the government said in February it would double stamp duty on purchases of residential and non-residential property ...

    http://www.scmp.com/business/article/1277576/opposition-hong-kong-property-stamp-duty-rise-grows-vocal

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