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LCQ15: Stamp duty on stock transactions

    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?


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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