Help identifying Hong Kong Revenue

Hi
Looking through SG cataloge this Fifty Cent Hong Kong stamp does not appear
although it is very similar to Honk Kong SG#20 1903: there are obvious
differences.

Was this issued just as a revenue stamp?
How can I find Value, variations,etc Thanks for your Help

To view url http://www.g.gibbs.zen.co.uk/st28-744/hk03.jpg


Thanks for your help
Glenn

It's inscribed "Stamp Duty" and cancelled "Stamp Duty", so yeah,
it's a revenue!

From the Barefoot "British Commonwealth Revenues" catalog, 1996
edition, it's either no.91 (mult. crown wmk, £1.50) or no. 119
(mult. script CA, £1.50).

Jay Carrigan change domain to mchsi
www.jaypex.com


In article ,
says...

Hi
Looking through SG cataloge this Fifty Cent Hong Kong stamp does not appear
although it is very similar to Honk Kong SG#20 1903: there are obvious
differences.

Was this issued just as a revenue stamp?
How can I find Value, variations,etc Thanks for your Help

To view url http://www.g.gibbs.zen.co.uk/st28-744/hk03.jpg


Thanks for your help
Glenn

"Glenn" wrote in message ...
Hi
Looking through SG cataloge this Fifty Cent Hong Kong stamp does not appear
although it is very similar to Honk Kong SG#20 1903: there are obvious
differences.

Was this issued just as a revenue stamp?
How can I find Value, variations,etc Thanks for your Help

To view url http://www.g.gibbs.zen.co.uk/st28-744/hk03.jpg


Thanks for your help
Glenn

On Sun, 13 Feb 2005 15:39:38 -0000, "Glenn" wrote:

Hi
Looking through SG cataloge this Fifty Cent Hong Kong stamp does not
appear
although it is very similar to Honk Kong SG#20 1903: there are
obvious
differences.

Was this issued just as a revenue stamp?
How can I find Value, variations,etc Thanks for your Help

To view url http://www.g.gibbs.zen.co.uk/st28-744/hk03.jpg


Thanks for your help
Glenn


================================================== ======

Yes! It is a 50c George V "stamp duty" (revenue stamp).
The red dated embossing is a cancel only.

The 50c KING GEORGE V - POSTAGE stamp looks like this:
http://i15.ebayimg.com/01/i/03/4c/bb/e7_1_b.JPG

These revenues were used on various documents.

Documents Subject to Stamp Duty

The Stamp Duty Ordinance imposes duty on certain types
of documents, which are mainly as follows:-

(1) Conveyance on sale,
(2) Agreement for sale of residential property,
(3) Lease of immovable property, and
(4) Transfer of Hong Kong stock.

Stamp duty is a tax which is charged on the documents which evidence
certain kinds of transaction (not on the transactions themselves).

Stamp duty is most frequently encountered in connection with the sale
or lease of interests in Hong Kong land, and the transfer of shares of
companies which are either incorporated in Hong Kong or listed on the
Hong Kong Stock Exchange. However, the range of instruments which are
potentially subject to stamp duty is wide and professional advice
should be sought on every transaction which involves Hong Kong land or
securities.

Stamp duty on a conveyance on sale of land is charged at progressive
rates ranging from 0.75% to 3% of the amount of consideration, and a
maximum of 3.75% where the consideration exceeds HK$6 million
(approximately US$775,000).

The rate of stamp duty on an agreement for lease depends on the period
of lease - 0.25% of the rent for 1 year or less, 0.5% of the annual
average rent for 1 - 3 years, and 1% for periods in excess of 3 years.
The cost is shared by tenant and landlord.

The rate for transfers of shares is 0.2% of the consideration. The
rate has been successively reduced over the last few years.

Stamp duty is charged on the market value of a transaction if this is
greater than the actual consideration. Consideration includes debts
waived and assigned. The principal exemption is for transfers of
shares between 90% group members, subject to certain conditions and
formal clearance.

Stamp duty can constitute a significant transaction expense,
particularly where an interest in Hong Kong land is held.

Barefoot #1 - QV - Hong Kong
http://i15.ebayimg.com/02/i/03/4c/bd/73_1_b.JPG

Same - used 1880 (rare F cancel)
http://i4.ebayimg.com/01/i/03/4c/53/5a_1_b.JPG
WEBB ONLY LIST INDEX A, B or C.
INDEX F MAY BE BECAUSE IT IS FISCAL USE

Barefoot #136 - KGV Stamp Duty opt on postage stamp SG #124b
http://i21.ebayimg.com/01/i/03/4c/22/40_1_b.JPG

KGVI Stamp Duty stamps
http://www.philatelicfriends.com/auc.../more/1261.jpg

Barefoot #224 - QE2 25c B. OF E. OVERPRINTED ON 15c STAMP DUTY
http://i5.ebayimg.com/01/i/03/4c/60/3e_1_b.JPG

Blair (TC)

Thanks for the help

On Sun, 13 Feb 2005 15:39:38 -0000, "Glenn" wrote:

Hi
Looking through SG cataloge this Fifty Cent Hong Kong stamp does not appear
although it is very similar to Honk Kong SG#20 1903: there are obvious
differences.

Was this issued just as a revenue stamp?
How can I find Value, variations,etc Thanks for your Help

To view url http://www.g.gibbs.zen.co.uk/st28-744/hk03.jpg


Thanks for your help
Glenn



Yes! It is a 50c George V "stamp duty" (revenue stamp).
The red dated embossing is a cancel only.

The 50c KING GEORGE V - POSTAGE stamp looks like this:
http://i15.ebayimg.com/01/i/03/4c/bb/e7_1_b.JPG

These were used on various documents.

Documents Subject to Stamp Duty

The Stamp Duty Ordinance imposes duty on certain types
of documents, which are mainly as follows:-

(1) Conveyance on sale,
(2) Agreement for sale of residential property,
(3) Lease of immovable property, and
(4) Transfer of Hong Kong stock.

Stamp duty is a tax which is charged on the documents which evidence
certain kinds of transaction (not on the transactions themselves).

Stamp duty is most frequently encountered in connection with the sale
or lease of interests in Hong Kong land, and the transfer of shares of
companies which are either incorporated in Hong Kong or listed on the
Hong Kong Stock Exchange. However, the range of instruments which are
potentially subject to stamp duty is wide and professional advice
should be sought on every transaction which involves Hong Kong land or
securities.

Stamp duty on a conveyance on sale of land is charged at progressive
rates ranging from 0.75% to 3% of the amount of consideration, and a
maximum of 3.75% where the consideration exceeds HK$6 million
(approximately US$775,000).

The rate of stamp duty on an agreement for lease depends on the period
of lease - 0.25% of the rent for 1 year or less, 0.5% of the annual
average rent for 1 - 3 years, and 1% for periods in excess of 3 years.
The cost is shared by tenant and landlord.

The rate for transfers of shares is 0.2% of the consideration. The
rate has been successively reduced over the last few years.

Stamp duty is charged on the market value of a transaction if this is
greater than the actual consideration. Consideration includes debts
waived and assigned. The principal exemption is for transfers of
shares between 90% group members, subject to certain conditions and
formal clearance.

Stamp duty can constitute a significant transaction expense,
particularly where an interest in Hong Kong land is held.

Barefoot #1 - QV - Hong Kong
http://i15.ebayimg.com/02/i/03/4c/bd/73_1_b.JPG

Same - used 1880 (rare F cancel)
http://i4.ebayimg.com/01/i/03/4c/53/5a_1_b.JPG
WEBB ONLY LIST INDEX A, B or C.
INDEX F MAY BE BECAUSE IT IS FISCAL USE

Barefoot #136 - KGV Stamp Duty opt on postage stamp SG #124b
http://i21.ebayimg.com/01/i/03/4c/22/40_1_b.JPG

KGVI Stamp Duty stamps
http://www.philatelicfriends.com/auc.../more/1261.jpg

Barefoot #224 - QE2 25c B. OF E. OVERPRINTED ON 15c STAMP DUTY
http://i5.ebayimg.com/01/i/03/4c/60/3e_1_b.JPG

Blair (TC)