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  1. News - Hong Kong - POLITICS

    Unpaid property taxes piling up in law firms a risk as Legco delays stamp duty bill, John Tsang claims

    Posted Jul 07th 2014, 05:43am by Patsy Moy, Emily Tsang

    ... Patsy Moy and Emily Tsang Finance chief says property levies piling up at law firms while lawmakers are filibustering Tsang frets over delay to stamp duty bill's passage Law firms risk having to keep an increasing amount in property taxes paid by clients because of a delay in passing legislation to enact a doubling of stamp duty, the financial chief claims. The extra ...

    http://www.scmp.com/news/hong-kong/article/1548273/unpaid-property-taxes-piling-law-firms-risk-legco-delays-stamp-duty
  2. Comment - Insight & Opinion

    Easing of double stamp duty another example of Leung's failed housing policy

    Posted May 16th 2014, 03:03am by Albert Cheng

    ... Albert Cheng Albert Cheng says the only certainty in the chief executive's flip-flopping housing measures is that they have all been ill-thought-out or ineffective Stamp duty move yet ... the property market would be relaxed, to make it easier for residents to upgrade their flats. Thus, residents moving up the property ladder will no longer have to pay a double stamp duty of as much ...

    http://www.scmp.com/comment/insight-opinion/article/1512772/easing-double-stamp-duty-another-example-leungs-failed
  3. Comment - Insight & Opinion - MY TAKE

    Property market still open to loopholes

    Posted May 16th 2014, 03:03am by Alex Lo

    ... the legislature to confirm last year's doubling of stamp duty. Here is an obvious loophole, which the government refuses to close. If you buy several flats under a single contract, a waiver for the doubled stamp duty may be granted for all the flats. Now you can't do the same with parking spaces. If you buy more than one parking space, you get no waiver even if you buy them all ...

    http://www.scmp.com/comment/insight-opinion/article/1513003/property-market-still-open-loopholes
  4. Property - Hong Kong & China - REDEVELOPMENT

    New stamp duty may lead to fewer old buildings being redeveloped

    Posted Mar 04th 2014, 02:32pm by Yvonne Liu

    ... The imposition of extra stamp duties, which caused a 72 per cent drop last year in developers' purchases of old buildings for redevelopment, will continue to affect the sector this year, property ... the drop on the extra stamp duties. Although one of the measures was only approved by lawmakers last month, and other is awaiting their approval, both duties have been levied since they were ...

    http://www.scmp.com/property/hong-kong-china/article/1440058/new-stamp-duty-may-lead-fewer-old-buildings-being
  5. 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
  6. 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
  7. 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
  8. 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
  9. Comment - Insight & Opinion

    Drastic measures necessary to stabilise Hong Kong property market

    Posted Feb 17th 2014, 03:05am by Anthony Cheung

    ... of a massive bubble Right on target The Legislative Council will resume the second reading of the Stamp Duty (Amendment) Bill on Wednesday. The bill, if passed, will end the extended period of uncertainty in the market over the demand management measures introduced by the government in October 2012- namely, an enhanced special stamp duty to curb short-term speculation and a new buyer's ...

    http://www.scmp.com/comment/insight-opinion/article/1429032/drastic-measures-necessary-stabilise-hong-kong-property
  10. Comment - Insight & Opinion

    Government must back off to keep Hong Kong a truly free market

    Posted Feb 04th 2014, 11:14am by LAM PUN-LEE

    ... of mortgage rules and increased stamp duty on luxury premises prompted speculators to divert their investments to small and medium-sized homes, as well as commercial buildings. As a result, the prices ... Leung Chun-ying levied a buyer's stamp duty on non-permanent residents. He also imposed restrictions on milk formula purchases, and put a stop to mainland women giving birth here. ...

    http://www.scmp.com/comment/insight-opinion/article/1420519/government-must-back-keep-hong-kong-truly-free-market

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