The tax agency has also sent out draft guidelines to onshore law and accounting firms, and plans consultation sessions with lawyers in the coming weeks, according to multiple lawyers and advisors who didn’t want to be named discussing sensitive policy matters. Some of those people expect more draft guidance to follow, with the documents eventually made public.
mandag 17. august 2026
Beijing is said to move to clarify tax rules stoking confusion among China’s ultra-wealthy
Beijing is moving to clarify new tax rules on offshore trusts that have sowed confusion among wealthy Chinese citizens and their advisers. China’s State Taxation Administration is conducting large-scale training for local tax officers to align on how the levy on offshore trusts – some of them set up decades ago – should be applied, according to several onshore and offshore tax lawyers.
The tax agency has also sent out draft guidelines to onshore law and accounting firms, and plans consultation sessions with lawyers in the coming weeks, according to multiple lawyers and advisors who didn’t want to be named discussing sensitive policy matters. Some of those people expect more draft guidance to follow, with the documents eventually made public.
The tax agency has also sent out draft guidelines to onshore law and accounting firms, and plans consultation sessions with lawyers in the coming weeks, according to multiple lawyers and advisors who didn’t want to be named discussing sensitive policy matters. Some of those people expect more draft guidance to follow, with the documents eventually made public.