Hong Kong: Stamp Duty Increases Affect Property Sales

09 January, 2014

Increases in the rates of existing ad valorem stamp duty for both residential and non-residential property transactions appear to have cooled the real estate market.  The Government increased such taxes from February 23, 2013 for that goal and it

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Hong Kong: Tax laws introduced for Islamic Finance

01 August, 2013

The Inland Revenue and Stamp Duty Legislation (Alternative Bond Schemes) (Amendment) Ordinance 2013 was gazetted and came into operation on July 19, 2013 in Hong Kong. It amends the Inland Revenue Ordinance and Stamp Duty Ordinance to provide a

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Taiwan: Change to tax on gains from share transfer

11 July, 2013

Taiwan government passed the amendment to the Income Tax Act on 25 July 2013 about the taxation of gains arising from share transfers by individuals. Under this modification, no income tax will be obligatory on gains from share transfers even if the

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