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EconomyChina tax authority makes final call for wealthy citizens to report offshore trust gains

China’s tax authorities have made a final appeal for high-net-worth individuals to disclose gains from overseas trusts. Analysts say the move could heighten concerns about Hong Kong and other offshore tax havens used by wealthy Chinese. The 90-day grace period ends on October 22.

China taxoffshore trustshigh-net-worth individuals

SSouth China Morning Post★★★☆☆2026-10-20 06:12Original

China tax authority makes final call for wealthy citizens to report offshore trust gains
China tax authority makes final call for wealthy citizens to report offshore trust gainsEconomy