Hong Kong Gazettes Stamp Duty (Amendment) Bill 2026

The Hong Kong Official Gazette March 6 published Stamp Duty (Amendment) Bill 2026, for introduction in the Legislative Council on March 18. The bill includes measures to: 1) increase to 6.5 percent, from 4.25 percent, the stamp duty rate for residential property transactions with an amount or value of consideration, whichever is greater, of HK$100 million (US$12.8 million), for instruments executed on or after Feb. 26; 2) require that the difference between the rates be paid within 30 days after the enacted law is promulgated; 3) impose stamp duty on the conveyance for a sale of nonresidential property under Scale ...