Financial Secretary announces new measures to cool overheated

Financial Secretary announces new measures to coo...

Tax alert - Issue 16, October 2012

1000

Related content

Financial Secretary announces new measures to cool overheated

On 26 October 2012, Hong Kong’s Financial Secretary launched a further round of measures aimed at stabilising the residential property market. The rate of Special Stamp Duty (SSD) is to be increased and the restriction period extended. A Buyer’s Stamp Duty (BSD) payable by buyers of Hong Kong residential property is also to be introduced. The BSD is not payable by Hong Kong Permanent Residents.

Connect with us

KPMG's new digital platform

KPMG International has created a state of the art digital platform that enhances your experience, optimized to discover new and related content.