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Hong Kong Property Tax 2017

Hong Kong Property Tax 2017

Hong Kong Property Tax 2017

Tuesday, 14 March 2017 18:22

Under Section 5 of the Hong Kong Inland Revenue Ordinance (“IRO”), property tax shall be charged for each year of assessment on the owner of any land or buildings or both situated in Hong Kong on the net assessable value at the standard rate. In other words, income from immovable properties situated in Hong Kong will be subject to property tax...

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Property Tax