Saturday, October 28, 2023

Hong Kong cuts taxes for foreign home buyers, stock traders as it aims to keep status - ABC News

Hong Kong's leader has cut taxes for some homebuyers and stock traders to boost markets as the city seeks to maintain its reputation as a global financial hub

Chief Executive John Lee said the extra stamp duties imposed on non-resident buyers and current local homeowners looking to buy additional properties would be halved, the first easing over the past decade since property market-cooling measures were introduced.

Publisher: ABC News
Date: 2023-10-25T11:58:25Z
Author: ABC News
Twitter: @ABC
Reference: (Read more) Visit Source



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