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Section 2 - Interpretation: This section introduce the terms always appear in this ordinance. The examples are Hong Kong bearer instrument, Hong Kong stock, conveyance, contract note. Section 4 - Charging of, liability for, and recovery of stamp duty; Section 8 - Duplicates and counterparts; Section 9 - Late stamping
Initially it administered only one piece of legislation, the Inland Revenue Ordinance, which was enacted on 3 May 1947. [ 2 ] The department subsequently absorbed various elements of the Treasury , including the Estate Duty Office (in 1949), the Stamp Duty Office (1956), and responsibility for collection of entertainments, bets and sweeps, and ...
Although Newman Investment is a private company and is not registered as an incorporated public officer, which would qualify it from not paying stamp duties under section 41(1) of the Stamp Duty Ordinance, Hong Kong Chief Executives have, under section 52(1) of the SDO, have allowed Newman Investment to not pay stamp duties. This has allowed ...
Stamp Duty is collected upon existence of certain transactions in Hong Kong. The three major types of transactions that attract stamp duties are transfers of Hong Kong immovable properties, transfers of Hong Kong shares and leases of immovable properties. Stamp Duties are chargeable on dutiable instruments.
In Hong Kong, the Hang Seng dipped China's Shanghai Composite Index climbed 1.1% and Japan's Nikkei 225 Index advanced 1.3%. HK Property Developers Fight Stamp Duty Hike, Real Estate and Mining ...
Historic Hong Kong stamp duty revenue stamp and overembossing die (1905). Actual stamps are no longer used. According to Schedule 1 of Hong Kong Stamp Duty Ordinance Cap.117 (SDO), Stamp duty applies to some legal binding documents as classified into 4 heads: Head 1: All sale or lease transactions in Hong Kong immovable property.
Any person's HK property tax payable can be set off by the same HK profit tax payable. IRO Section.26A Exclusion of certain profits from tax IRO Section.26B Concessionary deductions, general provisions IRO Section.26C Approved charitable donations IRO Section.26D Elderly residential care expenses IRO Section.26E Home loan interest
Hong Kong Sea Cadets Corps Cap.1134 Ordinance 1984 Originally Cap.75 1983 City University of Hong Kong Ordinance Cap.1132 Ordinance, establishment of post-secondary institution 1984 1994 Hong Kong Special Administrative Region passport Ordinance Cap.539 Establish the right to create and issue travel document 1997 Ocean Park Ordinance Cap. 388