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Tag: hong kong property tax

What a Vacancy Tax Could Mean for the Hong Kong Property Market

8 June 2018 - The government will soon conclude its study on the feasibility of imposing a vacancy tax on developers who hoard unsold first-hand private residential flats, Financial Secretary Paul Chan Mo-po told legislators in early June 2018. As at December 2017, developers have withheld 9,370 of such flats. Officials believe that a tax on vacan
By: Joshua Han Miller
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