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Hong Kong Legislative Council Approves Stamp Duty Waiver on Transfer of REIT Shares or Units

|Approved Changes|Hong Kong
Hong Kong

Hong Kong Inland Revenue has issued a release welcoming the passage of the Stamp Duty Legislation (Miscellaneous Amendments) Bill 2024 by the Legislative Council on 11 December 2024. The legislation waives the stamp duty payable on the transfer of shares or units of real estate investment trusts (REITs) and on transactions amounting to jobbing business of options market makers, and provides fo…

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