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.
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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 …