Tuesday, July 29, 2014   

Minister rejects stamy duty exemptions
(02-12 18:04)

The government has insisted that corporate buyers and charitable organisations won't be exempted from the buyers' stamp duty on property.
The Secretary for Housing, Anthony Cheung Bing-leung, said this were essential to ensure the 15-percent tax on transanctions imposed on non-permanent residents would be effective in cooling home prices. But some estate agents have said the measure is too harsh.
Cheung said lawmakers were expected to vote on the stamp duty next week. --RTHK   
Other Hong Kong breaking news:
Flight fuel surcharges unchanged (07-28 18:07)
Man arrested over two traffic crashes (07-28 17:29)
CS meets with group over reform (07-28 17:28)
Improvement possible for reform: CS (07-28 15:04)
Lawmakers meet with officials over food scandal (07-28 14:56)
Pirated school books seized in raids (07-28 10:28)
Third runway sparks concerns (07-25 17:23)
Consultation on working hours about to end (07-25 17:22)
Housing projects sped up (07-25 16:18)
Woman sentenced for beating son (07-25 15:23)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.