News dalla rete ITA

14 Gennaio 2021

Hong Kong

HONG KONG STAMP DUTY REVENUES PLUNGE 38PC TO $13B

Stamp duty collected from property transactions in 2020 dived by 38 percent to a record low of HK$13 billion from a year before, data from the Inland Revenue Department showed, as Hong Kong's property market has been reeling from the Covid-19 outbreak and Sino-US tensions. The amount of buyer's stamp duty collected fell 49.3 percent year-on-year to HK$2.77 billion last year. In December, stamp duty collected from property transactions slumped 62.7 percent month-on-month to about HK$717 million. The amount of buyer's stamp duty collected plunged 81.08 percent month-on-month to HK$67.9 million last month, and the amount of double stamp duty applied to residential property transactions sank 53.4 percent month-on-month to HK$465.3 million.   (ICE HONG KONG)


Fonte notizia: The Standard