The Hong Kong Inland Revenue Department announced on 19 January 2017 that the Stamp Duty (Amendment) Ordinance 2018 has been published in the Official Gazette.
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The Stamp Duty (Amendment) Ordinance 2018 has been gazetted
The Amendment Ordinance increases the ad valorem stamp duty ("AVD") rate on certain instruments executed on or after 5 November 2016 for dealing with residential properties to a flat rate of 15%. For Hong Kong permanent residents who change their residential property …