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Legal Update

Hong Kong’s Proposed New Tax of Special Stamp Duty for Residential Properties and its Ramifications

2 December 2010
Mayer Brown JSM Legal Update
On 19 November 2010 the Government announced the proposal to introduce a new tax of Special Stamp Duty ("SSD"), which will be payable in addition to the usual ad valorem stamp duty payable on transfer of Hong Kong residential properties.

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