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Corporate Services Blog

Possibly Tax Cut in Hong Kong Securities and Futures Contracts

14/10/2014

Currently the levy payable on a securities transaction by the buyer or the seller is 0.003 percent and for a futures contract transaction it is HKD0.6, but Hong Kong plans to cut this levy by ten percent on any trading in securities and futures/options contracts.

The Securities & Futures (Levy) (Amendment) Order 2014 has been passed to the Legislative Council for negative vetting and if passed will take effect from November 2014.  This would mean that the levy payable on a securities transaction by the buyer of the seller will be 0.0027 percent and for a futures contract transaction it will be HKD0.54.