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Tag: property tax
Buying company-owned properties in Hong Kong
17 May 2019 - When investing in real estate, stamp duties are perhaps the most significant add-on costs, and it is often the primary consideration when buying any property. A common, tax favourable approach is to buy a company that, in turn, owns a property. However there are pros and cons to this approach and it is important for potential homebu
Hong Kong’s New Vacancy Tax – Overview and Interpretation
6 July 2018 - OKAY.com CEO Joshua Miller discusses what the new vacancy tax could mean for developers and consumers. The Vacancy Tax - Structure On June 30th, the government announced its new policy imposing a vacancy tax on developers regarding unsold first-hand private residential flats, constituting a tax amounting to 2 years’ of rental value
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