Dossier
tax on offshore trusts
Coverage of tax on offshore trusts in the Nexus archive.
- China's super-rich 'in shock' and hunting for cash as Beijing issues surprise tax on offshore trusts
Beijing has introduced a tax on offshore trusts, traditionally used by China's ultra-rich to hold assets, prompting a rush to legal experts and urgent cash mobilization. The surprise policy has caused shock among high-net-worth individuals, who are now scrambling to manage their offshore wealth.