The Estate Duty Ordinance is one of Hong Kong ordinances. It regulates the HK estate duty which was a tax imposed on capital asset - the net value of property situated in Hong Kong at the date of the taxpayer's death. It is chargeable irrespective of whether the deceased was a resident of Hong Kong.
Read more about Estate Duty Ordinance: Most Commonly Used Sections, Reference Links
Famous quotes containing the words estate, duty and/or ordinance:
“Our vices always lie in the direction of our virtues, and in their best estate are but plausible imitations of the latter.”
—Henry David Thoreau (18171862)
“I should not urge thy duty past thy might.
I know young bloods look for a time of rest.”
—William Shakespeare (15641616)
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—Aeschylus (525456 B.C.)