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News
China's Tax Crackdown Forces Wealthy to Assess Offshore Trusts
3+ week, 1+ day ago (907+ words) Friday, 21 August 2026 China’s late‑July overhaul imposes a 20% tax on offshore trusts—on both asset transfers into trusts and annual trust income—pushing wealthy individuals to rethink structures, unwind trusts or raise cash amid heightened scrutiny. By Summer Zhen, Selena…...