While new offshore trust rules have triggered panic over the fate of overseas insurance policies, the era of using them as havens is ending anyway
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Recent regulatory moves by Chinese tax authorities targeting offshore trusts have sparked widespread anxiety among high-net-worth individuals over the potential taxation of their overseas insurance policies.
A 90-day grace period allows wealthy individuals to settle back taxes, as multilayered structures and foreign passports will no…
Strict new rules force founders of overseas-listed companies to reassess their global wealth structures, though implementation…
The rules clarify how personal income tax applies at the establishment, operating and liquidation stages of offshore trust…
Chinese mainland authorities have levied a 20% personal income tax on Hong Kong policy dividends and prepaid premium interest in…
China launches crackdown on offshore trusts, imposing a 20% tax on investment gains and requiring multi-year financial…
Chinese tax residents have to pay 20% on the net profit earned from stock trades made during the calendar year
