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PRESS RELEASE
(Source : news.gov.hk)
LCQ15: Stamp duty on stock transactions
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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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