China Targets Offshore Trusts in Tax Crackdown on Ultra-Rich

China Targets Offshore Trusts in Tax Crackdown on Ultra-Rich



China Targets Offshore Trusts in Tax Crackdown on Ultra-Rich
Chinese officials are intensifying efforts to tax offshore trusts that hold shares in some Hong Kong-listed companies, clamping down on a structure that the country’s mega-rich have used to invest billions of dollars overseas.


www.bloomberg.com
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