Has sold the building to earn 700,000 owners, has been chased stamp duty 5.61 million

After the stamp duty department entered the company to recover stamp duty from the owners earlier this week, it was re-entered into the High Court yesterday. Two buyers who bought the Ho Man Tin Hua Hin Court for $3.4 million owed $510,000. The stamp duty was 6 years, together with the tax owed and 10 times the fine, and the buyer recovered a total of 5.61 million yuan.

The plaintiff, the Attorney General, the two respondents were Xu Ruoting and Xu Qiuhong. In response to the slap, the two respondents signed a sale and purchase agreement on January 17, 2013 to buy a unit in Hua Hin Court, 5 Tai Ping Road, Ho Man Tin, for $3.4 million. According to the Land Registry information, the two changed their hands in May 2017 and successfully sold them for $4.1 million, which is a profit of 700,000 yuan. According to the bank’s valuation data, the unit has a usable area of ​​298 baht, 39 years old, and is currently estimated at about 5.06 million yuan.

Purchased Ho Man Tin unit for 3.4 million

In accordance with the Stamp Duty Ordinance, for any residential property traded on or after October 27, 2012, the buyer is required to pay a buyer stamp duty of 15% of the property price, unless the buyer’s Oath and Declaration Ordinance “A statutory declaration stating that he is a permanent resident of Hong Kong and acting on his own behalf when buying the property.

However, the two respondents have never made the above statutory declaration and have never applied for exemption from stamp duty. Therefore, the two parties are required to pay a stamp duty of $510,000. However, the Department has two times in February 2017, November last year and December three times. The respondent did not recover the money. The two respondents did not apply for an exemption. The Department therefore assumed that the two did not meet the eligibility criteria for the exemption. After the intrusion, the two respondents recovered the stamp duty of $510,000. 10 times fine, a total of 5.61 million yuan.

At the beginning of this week, a buyer of Jianwei Garden in North Point was charged with the stamp duty. After the buyer bought the unit for 4.36 million yuan six years ago, he did not make a statutory declaration and pay the buyer’s stamp duty as required. He was recovered for 654,000. The amount owed by the yuan and the fine of 10 times was 6.54 million yuan, involving a total of 7.194 million yuan.

Mr. Li Lizhen, the director of the 21st Century Group, said that the local production agents will contact the buyers and must understand the buyer’s home ownership status. If the buyer owns the second floor property, they will remind the guests to pay 15% stamp duty. If the first time home buyers, the real estate agency will Arrange for the buyer to sign the contract and take the oath to prove that he does not hold any other property. The estate agent will also explain the oath to the guest. He estimated that if a buyer did not make an exemption statement or did not buy or sell property through an estate agent, he ignored it.