15
No. of Heading,
16
17
LIST OF HONGKONG STAMP DUTIES
Instrument
Conveyance on Sale, the duty to be calculated on the amount or value of the con- sideration on the day of the date of the instrument.
See also:
Exchange.
Foreclosure Order.
Letters Patent.
Shares.
Trade Marks.
disposition
Voluntary
inter vivos.
Section 34 (general ex-
emptions).
Copy See Attested copy.
Counterpart: See Duplicate.
Debenture: See Marketable
security.
Declaration: See Affidavit.
Duty
Nature of
Stamp
Point of time bofore which, or
period within which, the instrument must!
be stamped.
407
Person liable for stamping, where stamping
is compulsory
Where the Overem- 7 days after All persons
amount bossed.
or value of the con-
sideration does not exceed $20,000: 50 cts. for every $100 or part thereof. Where the
amount or value of the con- sideration exceeds $20,000: $1 for every $100 or part there of.
Declaration or revocation of $20
any use or trust of or con- cerning any property by any writing, not being a will or an instrument chargeable with ad valorem duty as a settlement.
Exemptions.
(a) Declaration of trust by the nominees of a banker to whom property is transferred to secure an advance made by the banker.
(b) Trust receipt given to a
banker.
Deed of any kind whatsoever not described in this schedule (including a deed of partition, a deed of assignment by a trustee to a cestui que trust, and a deed confirmatory of a conveyance on which the full conveyance duty has been paid).
See also:-
Agreement of service with a
corporate body.
Deposit of title deeds: See
Mortgage.
""
execution.
"}
"}
executing.
No comments yet.
Private notes are available after approval.