Stamp Duty
· VI. Stamp Duty The Stamp Duty Ordinance (Cap. 117 of the Laws of Hong Kong) imposes duty/tax on certain types of documents.Although stamp duty bears the word “stamp”, it is totally irrelevant to postage stamps. In general, the payment of stamp duty enables
What is stamp duty in Hong Kong and how much is it?
According to the Stamp Duty Ordinance (Cap. 117) of Hong Kong, the following types of documents are subject to stamp duty: Nature of document Persons liable Conveyance on sale All parties and all other persons executing. Agreement for sale and purchase
Car Parking Space and Stamp Duty
· PDF 檔案1 Car Parking Space and Stamp Duty For the purposes of the Stamp Duty Ordinance (Cap. 117), car parking space (CPS) is non‐residential property, but if it falls within the applicable legal provisions, there is an exception. As a result, different rates of stamp duty
Historical Laws of Hong Kong Online
CHAPTER 117. STAMP. To arnend the law relating to stamp duly. [2nd May 1921.] 1. This Ordinance may be cited as the Stamp Ordinance. 2. (1) The Governor may appoint a Collector and
REANDA International
Effective from 30 July 2018 (“Relevant Date”), the Securities and Futures (Amendment) Ordinance 2016 (“the Amendment Ordinance”) amended the Stamp Duty Ordinance (Cap. 117) (“SDO”). Stamp duty for the sale and purchase of Hong Kong stocks in consideration of the allotment or redemption of shares or units of an authorized open-ended collective investment scheme is exempted.
1. How is stamp duty calculated on a tenancy document? …
Parties to a tenancy document are liable to pay stamp duty on the document according to Schedule 1 of the Stamp Duty Ordinance (Cap. 117 of the Laws of Hong Kong). The rate of stamp duty varies with the term/period of the tenancy. The current rates are as
Proposed Amendments to the Inland Revenue Ordinance (Cap. 112) and the Stamp Duty Ordinance …
· PDF 檔案Ordinance (Cap. 112) and the Stamp Duty Ordinance (Cap. 117) to Facilitate Development of an Islamic Bond (i.e. Sukuk) Market in Hong Kong Consultation Paper Financial Services and the Treasury Bureau www.fstb.gov.hk March 2012
Danix Ltd v. Collector Of Stamp Revenue
Taxation — stamp duty — appeal against assessment by way of case stated — seven-day time limit — court had no jurisdiction to extend time limit — Stamp Duty Ordinance (Cap. 117) s. 14(2) Human rights — equality before courts and right to fair hearing under art. 10 Hong Kong Bill of Rights Ordinance (Cap. 383) and art. 35 Basic Law
Don’t forget stamp duty – lessons on Stamp Duty …
· Section 27(1) of the Ordinance states that stamp duty is payable on any conveyance of immovable property operating as a voluntary disposition inter vivos. Section 27(4) of the Ordinance defines a voluntary disposition inter vivos as any conveyance or transfer (not being a disposition made in favour of a purchaser or incumbrancer or other person in good faith and for valuable consideration).
stamp duty on property
The Stamp Duty (Amendment) Ordinance 2011 (No. 14 of 2011) was enacted in June 2011 to impose a special stamp duty (SSD) on transactions of residential property acquired on or after 20 November 2010 and resold within 24 months after acquisition with the
Compliance Requirements for Charities with Recognition of Tax Exemption Status under the Inland Revenue Ordinance
· PDF 檔案Stamp Duty Ordinance (Cap 117) (印花稅條例) Business Registration Ordinance (Cap 310) (商業登記條例) 21 In general, tax exemption status is recognised with effect from the date when the applicant becomes a charity at law 法理上的慈善團體
Collection of levy by Property Management Services …
Pursuant to the PMSO, a leviable instrument is a conveyance on sale chargeable with stamp duty under head 1(1) in the First Schedule to the Stamp Duty Ordinance (Cap. 117), and a transferee refers to the person to whom the immovable property concerned is
11-03 CR
· PDF 檔案arrangements under the Stamp Duty Ordinance (Cap. 117) (SDO) for the deferral of payment of stamp duty chargeable on agreements for sale of residential property valued at $20 million or below. Practitioners are reminded to take note of the changes brought by
WOULD TWO SEPARATE ASSIGNMENTS BE DEEMED …
Section 25(7) of the Stamp Duty Ordinance referred to the “principal or only” instrument and hence, an exchange effected by more than one instrument was contemplated by the legislature. There was also nothing in the form or legal shape chosen by the parties which is in conflict with the substance of being an exchange of properties.
ZHEJIANG CANGNAN INSTRUMENT GROUP COMPANY LIMITED …
· PDF 檔案 · and execute the contract note as required by Section 19(1) of the Stamp Duty Ordinance (Chapter 117 of the laws of Hong Kong) to be made and executed by me/us as seller(s) of the H Shares to be sold by me/us under the Share Buy-back Offer and to cause the same to be stamped and to cause an endorsement to be made on the Form of