Pricey Hong Kong Set to Impose Vacancy Tax on Empty New Flats
The tax translates to about 5 percent of a flat's value, the government said, adding it would need the Legislative Council's approval and it would not be applicable to resold flats.
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The tax translates to about 5 percent of a flat's value, the government said, adding it would need the Legislative Council's approval and it would not be applicable to resold flats.
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