The findings have reignited public discussion about the long-standing tax loophole, which critics say encourages market speculators. Photo: Roy Issa

Stamp duty loophole cost Hong Kong purse HK$9.4 billion in 8 years, study finds

Local property developers, mainland Chinese and firms registered in Bermuda or the British Virgin Islands are taking advantage of the system, Liber Research Community says

Topic |   Hong Kong property

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The findings have reignited public discussion about the long-standing tax loophole, which critics say encourages market speculators. Photo: Roy Issa
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Shirley Zhao

Shirley Zhao

Shirley joined the Post in 2013 after reporting from China for a Hong Kong-based magazine. She has covered education, and now focuses on housing, land and planning.