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News Search: China Individual Income Tax on Overseas Income and CRS·· 4 days agoAI Score22

Chinese Ultra-High-Net-Worth Individuals Reportedly Terminating Offshore Trusts and Raising Funds to Address Tax Collection

Chinese Ultra-High-Net-Worth Individuals Reportedly Terminating Offshore Trusts and Raising Funds to Address Tax Collection - Lianhe Zaobao

AI Summary

According to Lianhe Zaobao reports, Chinese ultra-high-net-worth individuals are terminating offshore trusts and raising funds to address tax collection. Details regarding the specific scale of trusts involved, tax collection policy specifics, and relevant enforcement departments have not yet been disclosed.

Source:News Search: China Individual Income Tax on Overseas Income and CRS · news.google.com

Cross-border AllocationHeritageTaxationHigh-Net-Worth Families#Others#Tax#Trusts#Cross-border#High-Net-Worth Families

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