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  • April 21, 2014
  • Last updated: 12:02pm
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Results 1 - 10 of 12 for stamp duty

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  1. Property - Hong Kong & China - REGULATION

    More using company share transfers to buy property and dodge duties

    Posted Nov 13th 2013, 04:01am by Yvonne Liu

    ... to avoid duties A growing number of buyers of luxury residential and commercial properties are making their purchases through companies to escape paying stamp duties. One estate agent said up ... stamp duties on February 22. "Previously only one in 10 transactions were company transfers," the agent said. The doubling of stamp duties means buyers pay between 1.5 per cent- ...

  2. Business - China Business - REGULATION

    China Three Gorges Corp bosses replaced after graft probe

    Posted Mar 26th 2014, 06:34am by Toh Han Shih

    ... uncovered by the anti-graft team and fulfil the company's duty in fighting corruption. "Although the investigation was normal, publicly disclosing Three Gorges' problems is absolutely ...

  3. Business - Banking & Finance - REGULATION

    Lawmakers question SFC's hiring spree

    Posted Feb 08th 2014, 05:12am by Enoch Yiu

    ... for the commission to carry out its duties. "The commission would not hire people just because we have too much money on hand," Tong said, adding the high reserves were due to high levies collected ...

  4. Property - Hong Kong & China - REGULATION

    Hong Kong property cooling rules make strong case for 'buyer beware'

    Posted Oct 16th 2013, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Agents warn that some would-be buyers of new homes are finding government regulations blocking their investment plans 'Buyer beware' vital amid cooling moves With the introduction of a range of cooling measures including increased stamp duties, the age-old watchwords "buyer beware" have never rung more true for those seeking ...

  5. Property - Hong Kong & China - REGULATION

    Hong Kong developers halt sales while brochures rewritten for new rules

    Posted Apr 17th 2013, 12:00am by Sandy Li

    ... the government announced a doubling of stamp duty on residential and non-residential properties valued above HK$2 million, four months after the introduction of a new 15 per cent tax, known as the buyer's stamp duty, on non-local and corporate property buyers. Under the new regime, non-local and corporate buyers of apartments priced at between HK$6 million and HK$20 million will pay total ...

  6. Property - Hong Kong & China - REGULATION

    Putting an end to gross abuses

    Posted Jul 04th 2013, 12:00am by Sandy Li, Yvonne Liu

    ... such as the saleable area of the flat, the common areas the buyer would be sharing and the agencies and lawyers appointed by the developer. They also had to tell the buyer about the special stamp duty and buyer's stamp duty, he said. Previously, staff would not spend so much time explaining the details of projects to buyers. "The sales practices of property agents have changed as well," ...

  7. Business - Money - REGULATION

    Safeguards apply to dual share law, SEC ex-chief says

    Posted Nov 22nd 2013, 03:02am by Enoch Yiu

    ... duty to protect shareholders' interests. The US law allows investors to take class-action lawsuits against a company or directors to protect their rights, while Hong Kong law does not. ...

  8. Business - Banking & Finance - REGULATION

    SFC in talks on increased oversight of insurance, dark pool products

    Posted Feb 25th 2013, 12:00am by Enoch Yiu

    ... Kong and many other markets in Asia. The 14 dark pool operators in Hong Kong represent only 3 per cent of total market turnover. Hong Kong still has stamp duty on each transaction while the law ...

  9. Business - Banking & Finance - REGULATION

    Conference system to link up China's financial watchdogs

    Posted Aug 20th 2013, 12:27pm by Celine Sun

    ... of the joint conferences. "[The conference system] will not make any changes to the financial regulation, replace or weaken the duties of relevant departments. It will not make any decisions ...

  10. Business - Money - REGULATION

    Clean-up starts in bonds market with ban on swath of operators

    Posted Apr 26th 2013, 12:00am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Central bank bans swathe of asset management operators from dealing in bonds on interbank market to try to stamp out illegal practices Clean-up starts in bonds market The central bank has barred funds collected for asset management products issued by trust firms, brokerages and mutual fund houses from being invested in bonds ...




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