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Tag: hong kong tax
Cooling measures set to be relaxed slightly
14 May 2014 - Measures put in place last year to double stamp duties on all property transactions are set to be modified to provide home buyers more time in which to sell their existing units.Under the current implementation, those exempted from the double stamp duty include first time buyers and those not in possession of another Hong Kong proper
Hong Kong Government to Possibly Relax the Double Stamp Duty Policy
13 May 2014 - The government today announced it may relax the policy relating to the Double Stamp Duty imposed on purchasers of property in Hong Kong. The policy, imposed in February 2012, has thus far required buyers to pay double stamp duty if they do not sell their existing unit within six months of buying a new unit. This has been seen by man
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