Sunday, November 29, 2015   

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:
Traders and food businesses rake in HK$5.2 trillion (11-27 17:36)
Villagers and developer convicted for village house scam (11-27 16:59)
Mainlander who laundered HK$2.5b jailed (11-27 16:20)
Leung Kwok-hung ejected from Legco lunch (11-27 16:18)
ATV exec Ip Ka-po convicted over delayed staff pay (11-27 16:17)
Another leaked HKU audio clip suggests legal action move (11-27 13:11)
Airport terminal cost blowout reaches HK$16.5b (11-27 12:58)
Hong Kong trade slide continues in October (11-26 17:01)
Unsteady island seen as cause of bridge delay (11-26 16:46)
Elderly Wong Tai Sin wife killer jailed (11-26 13:45)

More breaking news >>

© 2015 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 2015, 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.