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  1. News - Hong Kong - HOUSING

    Stamp duty keeping non-locals out of property market

    Posted Feb 16th 2013, 12:00am by Joyce Ng

    ... the duty, because of possible tax evasion through share transfers. However, the bureau paper showed only 29 buyers had been penalised in the past two years for using share transfers to speculate and avoid paying profits tax. ...

    http://www.scmp.com/news/hong-kong/article/1151326/stamp-duty-keeping-non-locals-out-property-market

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