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The IRD is responsible for the administration of the following Hong Kong ordinances on taxes and duties and the related rules and regulations: Betting Duty Ordinance Cap.108; Business Registration Ordinance Cap.310; Estate Duty Ordinance Cap.111; Hotel Accommodation Tax Ordinance Cap.348; Inland Revenue Ordinance Cap.112; Stamp Duty 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; Section 10 - How instruments to be written, charged and stamped; Section 13 - Adjudication of stamp duty by Collector
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.
Income tax rate in Hong Kong is 2% when net taxable income is from 1 to 50,000 Hong Kong dollars, 6% when net taxable income is between 50,001 and 100,000 Hong Kong dollars, 10% when net taxable income is between 100,001 and 150,000 Hong Kong dollars and 14% when net taxable income is between 150,001 and 200,000 Hong Kong dollars.
Hong Kong revenues are popular with collectors from Hong Kong or China. [2] On 6 October 2013 a 1903 1c stamp sold on eBay for $7887. This stamp is very rare as only two recently discovered copies are known, and it was previously thought that this was never issued. It is therefore one of the greatest rarities of British Empire revenue philately ...
During the colonial era, Hong Kong produced postage stamps simply bearing the name Hong Kong, printed alongside the likenesses (in profile) of the reigning monarchs of the United Kingdom, or royal symbols (for example, "EIIR"). Since Hong Kong's transfer of sovereignty to China in 1997, stamps issued have borne the name "Hong Kong, China ...
A stamp duty was introduced in the United Kingdom as an ad valorem tax on share purchases in 1808. [69] Stamp duties are collected on documents used to effect the sale and transfer of certificated stock and other securities of UK based companies. [45] It can be avoided using CFDs.
[10] The stamps' denominations were HK$1.20, HK$2.10, HK$2.60 and HK$5. [8] Owing to the stamps' popularity, the Postal Department released a second collection of four movie star stamps in 2001, this time featuring on each stamp one male and one female movie star who had been great partners in movies. [ 8 ]