Developers claim the tax jacks up costs for acquisition of properties for redevelopment. Photo: Felix Wong Developers claim the tax jacks up costs for acquisition of properties for redevelopment. Photo: Felix Wong
Developers claim the tax jacks up costs for acquisition of properties for redevelopment. Photo: Felix Wong

Sparks fly in developers' meeting with officials over anti-speculation taxes

Private developers, angry over government's stamp duty to curb speculation, slam officials for being 'ignorant' about the sector

Topic |   Hong Kong stamp duty
Developers claim the tax jacks up costs for acquisition of properties for redevelopment. Photo: Felix Wong Developers claim the tax jacks up costs for acquisition of properties for redevelopment. Photo: Felix Wong
Developers claim the tax jacks up costs for acquisition of properties for redevelopment. Photo: Felix Wong
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