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Publications and Press Releases : Press Release : News Archives


PRESS RELEASE
(Source : news.gov.hk)


LCQ15: Stamp duty on stock transactions

************************************************

Following is a question by the Hon Sin Chung-kai and a written reply by the Secretary for Financial Services and the Treasury, Professor K C Chan, in the Legislative Council today (November 7):


Will the Government inform this Council of the estimated and actual income from stamp duty on stock sales and purchases in each of the past five tax years?


Reply:

Madam President,

The Administration's estimated and actual receipts from stamp duty on stock transactions in the past five financial years are listed below:

   
Original
Estimate
($m)
Revised
Estimate
($m)
Actual
Collection
($m)
   
----------
----------
----------
2006-07  
7,350.0
 
13,600.0
 
15,027.1
2005-06  
6,550.0
7,050.0
8,129.4
2004-05  
6,100.0
6,200.0
6,388.0
2003-04  
3,350.0
5,550.0
6,018.9
2002-03  
5,205.0
3,000.0
3,088.2


Ends/Wednesday, November 7, 2007
Issued at HKT 11:40

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2003 | Important notices | Privacy policy Last revision date: 15 August 2008