First report 1h ago•Last update 4m ago
China Imposes New Tax on Offshore Trusts to Target Wealthy Individuals
Beijing has introduced a new tax on offshore trusts, aiming to target the assets of super-rich Chinese individuals and prompting them to seek tax advice.
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China targets offshore trusts as wealthy Chinese seek tax advice
First report 6h agoLast update 3h ago1 takes 1
reporting tax crackdownneutralShow 2 posts
started 6h ago•Last update 3h ago
China's government is implementing a new tax on offshore trusts, leading wealthy citizens to seek financial advice amidst the crackdown.
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