A concise reference work detailing section-by-section annotations to the Stamp Duty Ordinance (Cap 117), reproducing the text of the Stamp Ordinance and all subsidiary legislation currently in force. Charts the latest developments in Hong Kong tax policies following new amendments giving effect to the waiver of stamp duty on transactions and transfers of shares or units of REITs, as well as the latest policies under which persons admitted into Hong Kong under specified admission schemes may be refunded certain amounts of ad valorem stamp duty and buyer's stamp duty upon becoming permanent residents. Includes the recent important decision by the Court of Final Appeal in John Wiley & Sons UK2 LLP and Anor v The Collector of Stamp Revenue [2025] HKCFA 11, deciding definitively on the application of intra-group stamp duty relief to foreign entities.