Buyer of record HK$2.1b home in Hong Kong skirts stamp duty
http://www.scmp.com/news/china/econo...rts-stamp-duty
Buyer of record HK$2.1b home in Hong Kong skirts stamp duty
http://www.scmp.com/news/china/econo...rts-stamp-duty
Pretty good! Now he can go get an extra egg tart!
Just put your house into a business reg and when you sell you dont need to worry about stamp duty...
Tax minimisation should be encouraged. Private citizens spend money better than governments do.
In hk the poor dont pay the land tax