China cracks down on offshore trusts with new tax rules for the wealthy

Business

China Cracks Down On Offshore Trusts With New Tax Rules For The Wealthy

By South China Morning Post

Beijing’s new tax rules aim to close loopholes and boost fiscal revenue amid slowing economic growth and rising fiscal burdens 2 -MIN READ2 -MIN Listen Zhang Shidongin Shanghai Published: 8:00am, 27 Jul 2026 China will impose personal-income taxes on ...Read more