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:
“Sweet are the thoughts that savour of content,
The quiet mind is richer than a crown;
Sweet are the nights in careless slumber spent,
The poor estate scorns Fortune’s angry frown.
Such sweet content, such minds, such sleep, such bliss,
Beggars enjoy, when princes oft do miss.”
—Robert Greene (1558?–1592)
“We live in a world which is full of misery and ignorance, and the plain duty of each and all of us is to try to make the little corner he can influence somewhat less miserable and somewhat less ignorant than it was before he entered it.”
—Thomas Henry Huxley (1825–1895)
“Overly persuasive a woman’s ordinance spreads far, traveling fast; but fast dying a rumor voiced by a woman perishes.”
—Aeschylus (525–456 B.C.)