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  • September 16, 2014
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  1. Parties urge more cash for education, welfare

    Posted Aug 10th 2010, 12:00am by Gary Cheung

    ... The calls come as government coffers are flush with cash from land sales and stamp duty on property and stock transactions. Democratic Party lawmaker Cheung Man-kwong said he did not expect ... education, given the windfall from stamp duty and land sales. Tsang is scheduled to begin consultation sessions on his October policy address tomorrow when he meets Hong Kong deputies to the National ...

  2. Cut in stock trading stamp duty may be far from Donald's mind

    Posted Oct 09th 2007, 12:00am by Enoch Yiu

    ... for- a reduction in the 0.1 per cent stamp duty on stock transactions- may be a long time coming. Stamp duty may be too much of a goose that lays the golden egg for Mr Tsang to tinker with. ... levies stamp duty of 0.1 per cent on both the buying and selling of shares, while it exempts warrant and option trading. The sizzling market means stamp duty may total HK$30 billion this year- ...


    Posted Dec 23rd 2011, 12:00am

    ... The special stamp duty, which punishes the short-term resale of property, has generated more debate. Financial Secretary John Tsang Chun-wan said the duty could come under review ... suggestions about an end to the duty. According to Centaline Property, prices could fall if the duty remains in place. ...


    Posted Nov 11th 2011, 12:00am

    ... ways. First, it is increasing the supply to ensure about 40,000 units (private and public) are available every year. Secondly, it has successfully curbed speculation with punishing stamp duty ...

  5. Public Eye

    Posted May 02nd 2012, 12:00am

    ... have a duty to work 'with one heart' to facilitate Leung's ministerial shake-up. Leung himself said after meeting pan-democrats that everyone must work with one heart. That's La-la Land talk. There's no such thing as working 'with one heart' in politics. Donald Tsang Yam-kuen's administration has no duty to sell Leung's thinking. ...

  6. Huge budget surplus may lead to more tax relief

    Posted Oct 14th 2007, 12:00am by Celine Sun

    ... the government was expecting a budget surplus of about HK$50 billion in the financial year 2007-08, almost double the initial estimate. Significant revenue increase in land sales and stamp duties were ... also reduce inter-generational poverty, he said. Money's rolling in Revenue from land sales and stamp duties are likely to inflate the government's coffers Officials expect the budget ...

  7. Wrong time to cut business tax, Tsang says

    Posted Jan 04th 2012, 12:00am

    ... leaves office on June 30, spoke as a government treasury report showed a 17 per cent year-on-year increase in revenue from taxes, rates and duties to HK$233 billion in the 2010-11 financial year, from HK$198 billion in 2009-10. Profits tax revenue rose 26 per cent, from HK$72.6 billion to HK$91.4 billion. Revenue from stamp duty rose from HK$42 billion to HK$51 billion, in part because ...

  8. When property bubble bursts, pin blame on outgoing administration

    Posted May 03rd 2012, 12:00am

    ... and was stunned to be told by the Rating and Valuation Department that it had assessed this as a false price and would charge stamp duty on a deemed price of about HK$4.5 million. In reaching its ...

  9. Tsang is accused of sidelining opponents

    Posted May 29th 2006, 12:00am by Jimmy Cheung

    ... not elect their representatives to rubber-stamp government projects and policies. He said Mr Tsang was forcing the legislature to surrender its duty of checks and balances. '[Mr Tsang] told us ... Jimmy Cheung The chief executive has been accused of marginalising opponents who refuse to rubber-stamp his favourite policies. Independent legislator Kwok Ka-ki said Donald Tsang Yam-kuen ...

  10. No censure for Tsang over canned housing deal

    Posted Jun 09th 2011, 12:00am

    ... peak, set in 1997. Several speakers said the government's measures including putting up more land lots for sale by auction and introducing a special stamp duty to curb speculation had ...




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