EconomyChina eases uncertainty over offshore trust taxes before grace period ends
A business executive says China’s tax authorities accepted a reasonable explanation in enforcing new rules on offshore trust gains, and the executive successfully appealed. That offers some reassurance as the 90-day grace period ends Thursday. A State Taxation Administration Q&A published earlier this week also suggests regulators are providing greater clarity and implementing the rules in line with international…
China eases uncertainty over offshore trust taxes before grace period ends
Economy