Tuesday, September 1, 2015   

Non-residents paid HK$3.3b in stamp duty
(04-30 17:35)

Non-local residents have paid HK$3.3 billion in buyer's stamp duty to the government since the controversial property tax was introduced in October 2012.
Non-permanent residents are taxed 15 percent on residential property transactions.
More than 1,800 deals were subject to the levy which was aimed at cooling home prices.
Another market tightening measure -- an up to 15-percent special stamp duty first introduced in November 2010 and later increased in 2012 -- brought more than HK$650 million to the government coffers, with more than 3,400 transactions. --RTHK   
Other Hong Kong breaking news:
Beijing bought 62 new flats in HK, report says (09-01 11:39)
Leung leads delegation to Beijing military parade (09-01 11:22)
Security chief off to Beijing (09-01 11:19)
HK reports HK$31.7b deficit (08-31 18:07)
Retail sales fall for fifth month (08-31 17:59)
Home loan applications and approvals fall in July (08-31 17:39)
Primary one application forms available from Wednesday (08-31 15:33)
Transport chief leaves for bridge discussions (08-31 13:57)
Lau Siu-kai sees no impact from Beijing overtures on local polls (08-31 12:49)
Three activists jailed for Legco lobby protest (08-28 21:50)

More breaking news >>

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