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 Government welcomes the Legislative Council's passage of the Stamp Duty (Amendment) (Stock Transfers) Bill 2023 today (November 15) to give effect to the measure of reducing the rate of Stamp Duty on Stock Transfers (the Stamp Duty) to...