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  • August 1, 2014
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  1. News - Hong Kong - PROPERTY

    Legco gets more control over double stamp duty property-cooling measure

    Posted May 28th 2014, 02:22pm by Tanna Chong

    ... Tanna Chong tanna.chong@scmp.com Government makes concession amid fears stamp duty bill could fail Lawmakers to get say before changes to tax Lawmakers will have a chance to block any ... stamp duty – under which buyers who own other properties and those who are not permanent residents must pay higher taxes – of the change yesterday. The government has collected the tax since ...

  2. News - Hong Kong - PROPERTY

    Legco unlikely to pass lawmaker's stamp duty refund plan

    Posted Jul 11th 2014, 03:55am by JEFFIE LAM, Yvonne Liu

    ... Alliance for Hong Kong. Leung is seeking to ease the impact of taxes that are at least double the original rates- a cooling measure imposed on buyers who own other properties or are not permanent ...

  3. Property - Hong Kong & China - PROPERTY

    China's property sector primed for shake-up as downturn drains cash

    Posted Jun 26th 2014, 01:07am by Reuters

    ... on two levels. First, competition both for land banks and flat sales has squeezed margins. Margins on earnings before interest, taxes, depreciation, and amortisation are now in the low teens ...

  4. Property - Hong Kong & China - PROPERTY

    Pause in China's trade zones unlikely to dim mood for pacesetters

    Posted Jun 09th 2014, 03:31am by Peggy Sito

    ... of the free-trade zone frenzy to fight for tax preferential status and the establishment of duty-free zones," said Sun, adding the central government aims to use the zone in Shanghai as a testing ... about the establishment of free-trade zones in Guangdong province," said Caesar Wong Shun-on, a Deloitte China tax partner. "Their conditions are mature. The region has ports, ...

  5. Property - Hong Kong & China - PROPERTY

    Okay goes online to fight cooling property market in Hong Kong

    Posted Jun 09th 2014, 03:31am by Sandy Li

    ... when home sales in the secondary market slid 40 per cent since the government imposed higher property taxes to curb investment demand last year. The firm shares an office with real estate ...

  6. Business - Property - PROPERTY

    Stamp duty increase provokes protests

    Posted Jun 13th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Stamp duty increase provokes protests More organisations and individuals have joined the chorus of criticism against the doubling of stamp duty on the purchase of commercial properties, ahead of a meeting with lawmakers today. I ...

  7. News - Hong Kong - PROPERTY

    Property agents march against cooling measures, stamp tax

    Posted Jul 07th 2013, 05:51pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Thousands of real estate agents took to Hong Kong’s streets Sunday in protest at government efforts to curb soaring property prices, saying new transaction taxes and other measures are threatening their business. The alliance, supported by industry leaders Centaline Property Agency and Midland Realty as well as associations representing ...

  8. News - Hong Kong - PROPERTY

    30,000 property agents plan anti-taxes march

    Posted Jul 04th 2013, 12:00am by Peggy Sito, Jennifer Ngo

    ... of companies faced closure and nearly 20,000 people were expected to lose their jobs in three to six months if the government did not lift the taxes soon, warned Shih Wing-ching, director ... 2010 to deter speculators. Shih said business in the sector had plunged 70 per cent since the first tough tax- the special stamp duty- was launched. Commercial and industrial properties were ...

  9. Property - Hong Kong & China - PROPERTY

    China property tax may hit Beijing, Hangzhou, Guangzhou next: Shimao

    Posted Jun 18th 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Guangzhou and Hangzhou could also be hit by the measure designed to cool surging prices Beijing next to face trial tax, says Shimao A trial property tax may ... Shanghai-based Shimao held its annual general meeting. A property tax is an administrative measure central and local authorities use to curb price surges. The central government could extend the trial ...

  10. Business - China Business - PROPERTY

    China developers' profits fall as debt rises

    Posted May 24th 2013, 12:00am by Paggie Leung

    ... to strictly follow all policy guidelines introduced to cool the property market. The policy guidelines include levying a capital gains tax at a rate of 20 per cent, first announced in 1994 but never strictly enforced. Wang Zhenhua, chairman of Future Land Development Holdings, said he believed the government would expand the property tax, which is currently imposed in Shanghai and Chongqing, ...




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