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Cash-Strapped China Tightens Grip On Offshore Wealth As Tax Compliance Deadline For Millionaires And Billionaires Ends

3 sources

Punch Newspapers14h ago

Center

Cash-strapped China targets offshore wealth with new tax

China is levying a new 20% tax on dividends and interest from offshore trusts, targeting the country's super-rich to help fill a growing fiscal hole.

Original

Swarajya18h ago

Rightprovisional

Cash-Strapped China Tightens Grip On Offshore Wealth As Tax Compliance Deadline For Millionaires And Billionaires Ends

China's wealthiest citizens face a critical deadline today (22 October) as a 90-day grace period expires for declaring and paying taxes on offshore…

Original

Swarajya18h ago

Rightprovisional

Cash-Strapped China Tightens Grip On Offshore Wealth As Tax Compliance Deadline For Millionaires And Billionaires Ends

China is levying a new 20% tax on dividends and interest from offshore trusts, targeting the country's super-rich to help fill a growing fiscal hole.

Original

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