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  1. Property - Hong Kong & China - COMMERCIAL PROPERTY

    Stamp duty chokes sales of Hong Kong commercial property

    Posted May 08th 2013, 12:00am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Increased investment cost has deterred buyers of commercial property, and owners reluctant to cut prices while they enjoy good rental returns Stamp duty chokes office sales Commercial property deals in the city fell sharply over the past three months as short-term investors shied away after the doubling of stamp duty on the purchase of both ...

    http://www.scmp.com/property/hong-kong-china/article/1232404/stamp-duty-chokes-sales-hong-kong-commercial-property
  2. Property - Hong Kong & China - CONCRETE ANALYSIS

    Market changes call for stamp duty alternative

    Posted May 15th 2013, 02:00am by ROGER NISSIM

    ... for stamp duty alternative Is now the right time to replace the Buyers Stamp Duty? Following the inertia of the previous two administrations as regards land supply, the current administration has ... in 1997/8. The current Buyers Stamp Duty (BSD) is only really effective in a rising market and a more equitable form of tax such as a Capital Gains Tax (CGT) now needs to be planned ...

    http://www.scmp.com/property/hong-kong-china/article/1237952/market-changes-call-stamp-duty-alternative
  3. News - Hong Kong - AUTONOMY

    CY Leung 'notified' Beijing before unveiling stamp duty

    Posted Mar 26th 2013, 02:52pm by Colleen Lee, Gary Cheung, Olga Wong

    ... Colleen Lee, Gary Cheung and Olga Wong CY 'notified' Beijing before unveiling stamp duty Chief Executive Leung Chun-ying confessed yesterday to phoning Beijing about a new stamp ... and the principle of Hong Kong people governing Hong Kong, and that the information could have been leaked to investors. "It was not a request for instructions … since the buyer's stamp duty ...

    http://www.scmp.com/news/hong-kong/article/1200184/cy-leung-denies-seeking-permission-beijing-stamp-duty
  4. News - Hong Kong - PROPERTY

    Home prices expected to fall 5pc next month as stamp duty doubled

    Posted Feb 23rd 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Flat sales also expected to fall 50pc due to doubling of the stamp duty Home prices forecast to drop 5pc next month Home prices are expected to fall 5 per cent and sales volume plunge by half next month in response to the government's doubling of the stamp duty for those who buy second homes worth more than HK$2 million. Centaline Property managing ...

    http://www.scmp.com/news/hong-kong/article/1156615/home-prices-expected-fall-5pc-next-month-stamp-duty-doubled
  5. 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
  6. Comment - Insight & Opinion

    Use stamp duty windfall for those priced out of property market

    Posted Mar 08th 2013, 12:00am by Albert Cheng

    ... Albert Cheng Albert Cheng says the administration could use the hefty increase in revenue to speed up public housing construction and as a rent subsidy Stamp duty windfall must be directed ... targeted foreigners and mainlanders by imposing on them a buyer's stamp duty, as well as an additional stamp duty for some transactions. These new taxes, which are no different from fines, ...

    http://www.scmp.com/comment/insight-opinion/article/1185630/use-stamp-duty-windfall-those-priced-out-property-market
  7. News - Hong Kong - POLITICS

    CY phoned Beijing to clear stamp duty policy

    Posted Mar 26th 2013, 12:00am by Stuart Lau

    ... DAB chairman's revelation that CY telephoned Beijing to clear a new stamp duty last October sparks fears over the mainland's influence The influence of mainland authorities ... to Wang Guangya, the director of the State Council's Hong Kong and Macau Affairs Office in Beijing, a few hours before a new stamp duty aimed at non-local homebuyers - mainlanders included ...

    http://www.scmp.com/news/hong-kong/article/1199686/cy-phoned-beijing-clear-stamp-duty-policy
  8. News - Hong Kong - PROPERTY

    Extra stamp duty 'to hit speculators only', says financial secretary Tsang

    Posted Feb 25th 2013, 12:00am by Staff Reporters

    ... Staff Reporters Real buyers will not be hurt, John Tsang says; developers respond by lifting agent commissions Extra duty 'to hit speculators only' Extra stamp duty 'to hit speculators only' Genuine home buyers will not be affected by property cooling measures, Financial Secretary John Tsang Chun-wah said yesterday, adding that the higher stamp duties imposed ...

    http://www.scmp.com/news/hong-kong/article/1157816/extra-stamp-duty-hit-speculators-only-says-financial-secretary-tsang
  9. Property - Hong Kong & China - Tax

    Expats dazed and confused by stamp duty

    Posted Mar 20th 2013, 12:00am by Kate Whitehead

    ... and confused by stamp duty New stamp duties rolled out over the last few months to try and cool the property market have been a big blow for expatriates in Hong Kong - and a matter of some confusion. On Monday last week the Inland Revenue Department, which handles all queries on stamp duties, was so overwhelmed with calls that its inquiry hotline was disconnected while officials tried to catch ...

    http://www.scmp.com/property/hong-kong-china/article/1194722/expats-dazed-and-confused-stamp-duty
  10. News - Hong Kong - PROPERTY

    Demand for flats falls by half in wake of stamp duty rises

    Posted Feb 24th 2013, 12:00am by Paggie Leung, JOSHUA BUT

    ... Paggie Leung and Joshua But Stamp duty rises aimed at cooling market have an immediate effect as buyers and sellers adopt cautious approach, leading to big drop in deals NEW MEASURES SEE ... Developers hoping to complete sales programmes looked for ways to fight the impact of sharp increases in stamp duties. They increased the commission for agents- some of whom were passing ...

    http://www.scmp.com/news/hong-kong/article/1157299/demand-flats-falls-half-wake-stamp-duty-rises

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