OrbitaxHong Kong Legislative Council Approves Reduction in Stamp Duty on Stock Transfers to 0.1%
|Approved Changes|Hong Kong
The Hong Kong Inland Revenue Department has announced the approval of the reduction in the rate of Stamp Duty on Stock Transfer from 0.13% to 0.1% of the consideration or value of each transaction payable by buyers and sellers respectively. The reduction entered into force on 17 November 2023.
---
Government welcomes passage of Stamp Duty (Amendment) (Stock Transfers) Bill 2023
The Governm…
Continue Reading
