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Which of the following are exempt from stamp duty? 1. II. A Ltd owns 90% of the share capital of B Ltd and transfers

Which of the following are exempt from stamp duty? 1. II. A Ltd owns 90% of the share capital of B Ltd and transfers a property located in Hong Kong to B. A Ltd owns 80% share capital of B Ltd and owns 50% share capital of C Ltd, which owns 20% share capital of B Ltd; A Ltd transfers a property located in Hong Kong to B Ltd. III. Mr A owns 100% share capital of B Ltd and leases a property located in Hong Kong to B Ltd. Select one: a. Il only. b. I and II only. C. II and III only. d. All of the above.

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