  
|
AustraliaThe Federal Australian government does not levy stamp duty. However, stamp duty is levied by the states on various instruments (i.e. written documents) and transactions. The rates of stamp duty vary from State to State, as do the nature of the instruments or transactions subject to duty. Some jurisdictions no longer require a physical document to attract what is now often referred to as "transaction duty." Major forms of duty include the transfer duty on the sale of land, businesses, shares and other forms of dutiable property; mortgage duty; lease duty and duty on the hire of goods. Rebates or exemptions are available from transfer duty and mortgage duty for those purchasing their first home. On 20 April 2005, it was announced by the Treasurers of various States or Territories that they will phase out a number of duties over the course of the next 5 years. However, duty on transfer of ownership in land will remain.
Hong KongAccording to the Schedule 1 of Hong Kong Stamp Duty Ordinance Cap.117 (in short, SDO), Stamp duty is charged on some legal binding documents which are classified into 4 heads: Head 1: All transactions of sale or lease of interests in Hong Kong immovable property.; Head 2: The transfer of Hong Kong Stock.; Head 3: All Hong Kong bearer instruments.; Head 4: Any duplicates and counterparts of the above documents.;
Head 2: Hong Kong StockOne of examples is shares of companies which are either incorporated in Hong Kong or listed on the Hong Kong Stock Exchange. Other than the said shares, the HK Stock is defined as: Shares and marketable securites;; Units in unit trusts; and; Rights to subscribe for or to be allotted stock;
Stamp Duty ComputationStamp duty on a conveyance on sale of land is charged at progressive rates ranging from 0.75% to 3.75% of the amount of consideration. The maximum rate of 3.75% applies where the consideration exceeds HK$6 million.
Reference LinkHong Kong Stamp Duty Ordinance Cap.117, Schedule 1 Heading;
United Kingdom
IntroductionIn the United Kingdom, stamp duty is a form of tax charged on instruments (that is, written documents), and requires a physical stamp to be attached to or impressed upon the instrument in question.
| |
|
|||||||||||||||||||
Home
Contact
Resources
Exchange Links
eBay
|
|||||||||||||||||||||
Lots of collectible stamps to choose from: Great Britian, European, US, and the World! Discover best deals on many one of a kind rare stamps to collect atbargain prices. Perfect gifts for the family and loved ones!
Home
Aden
Australian Antarctic...
