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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     Revised      Actual
                Estimate     Estimate     Collection
                 ]$m^       ]$m^        ]$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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