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Inland Revenue and Stamp Duty Legislation (Alternative Bond Schemes) (Amendment) Bill 2012 introduced
Inland Revenue and Stamp Duty Legislation (Altern...
Hong Kong Tax Alert - Issue 3, January 2013
The Bill, which was introduced in the Legislative Council on 9 January 2013, seeks to amend the Inland Revenue Ordinance (IRO) and Stamp Duty Ordinance (SDO) to place common types of Islamic bonds on a level playing field with conventional bonds and remove a perceived impediment to the development of a Sukuk market in Hong Kong.