引用: http://www.tax-news.com/news/Hong_Kong_Gazettes_Stamp_Duty_Amendments____60369.html
The Stamp Duty (Amendment) Bill 2013, which aims to implement the new measures that the Government announced on February 22 to further address the overheated Hong Kong Property market, was gazetted in Hong Kong on April 5.
The measures are an increase in the ad valorem stamp duty (AVD) rates on transactions for residential and non-residential properties; and a bringing forward of the charging of AVD on non-residential Hong Kong Property ransactions from the conveyance on sale to the agreement for sale, to tally with the existing arrangement for residential properties.
"By further managing the demand for residential properties and combating short-term resale activities in respect of non-residential properties, we hope that the proposed new measures will help to address the overheated Hong Kong Property market," the spokesman said.
"In drafting the Bill, with reference to the existing SSD and the proposed BSD regimes, we propose to grant exemptions from the enhanced AVD rates under specified circumstances," he added. "We also propose to put in place a refund mechanism for redevelopment projects and HKPRs who acquire a new residential Hong Kong Property before disposing of their original one."
The Government took those measures after an increase to the Special Stamp Duty (SSD) rate and its restriction period, and the introduction of a 15% Buyer's Stamp Duty (BSD) on resident properties purchased by those who are not Hong Kong permanent residents (HKPRs), in October last year, had had no lasting effect on Hong Kong Property price inflation by early 2013.
With effect from February 23, 2013, the Government has doubled across the board the rates of existing AVD applicable to both residential and non-residential properties. For transactions valued at HKD2m (USD257,500) or below, the stamp duty will increase from HKD100 to 1.5% per cent of the consideration of the transaction.
A government spokesman said the new measures are applicable to all persons, except HKPRs, buying residential properties but who do not own any such Hong Kong Property in Hong Kong on the date of acquisition.
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