Article
The Law On Hong Kong Special Stamp Duty (SSD) Is Finally Passed - Impacts And Pitfalls
After six months of consultations with interested organisations/individuals and deliberations by the Bills Committee of the Legislative Council, the Stamp Duty (Amendment) Ordinance 2011 ("Amendment Ordinance") was finally passed by the Legislative Council and gazetted on 30 June 2011. Apart from the obvious implications, the legislation creates unforeseen consequences which developers, banks, vendors and purchasers of residential properties must note.
Hong Kong
Real Estate