Hong Kong Inland Revenue has announced the publication of the draft Revenue (Stamp Duty) Bill 2021 for the increase in the rate of ad valorem stamp duty on stock transfers announced as part of the 2021-22 Budget.
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Revenue (Stamp Duty) Bill 2021 gazetted
The Government published in the Gazette today (March 5) the Revenue (Stamp Duty) Bill 2021 (the Bill) to give effect to the proposal of increasing the rate of Stamp Duty on Stock Transfers announced by the Financial Secretary in the 20…