Revenue (Stamp Duty) Ordinance 2021 gazetted
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The Ordinance raises the rate of stamp duty payable on contract notes for sale or purchase of Hong Kong stock from 0.1 per cent to 0.13 per cent of the consideration or value of each transaction payable by buyers and sellers respectively. It also correspondingly raises the rate of stamp duty payable on certain other transfers of such stock.
The Ordinance was enacted by the Legislative Council on June 2, and the new rate of Stamp Duty on Stock Transfers will come into effect on August 1.
Ends/Friday, June 11, 2021
Issued at HKT 11:30
Issued at HKT 11:30
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