Skip to content
南華早報·商業· Emma Ma·· 4 hours agoAI score22

China Tax Authorities Issue Disclosure Orders After Offshore Trust Reporting Grace Period Ends

China’s tax offices issue disclosure orders as offshore asset grace period ends

AI briefing

Tax bureaus in multiple parts of China have stepped up supervision after the 90-day grace period for offshore trust reporting expired last Thursday, with Beijing tax authorities issuing notices on their official website that day to 21 individuals requiring them to submit tax documents related to offshore trusts, in a push for voluntary tax disclosure.

Source: 南華早報·商業 · scmp.com