Dossier
trust tax
Coverage of trust tax in the Nexus archive.
- Could China’s new trust tax pull Pan Shiyi’s wealth into the capital flight spotlight?
China’s new trust tax on offshore trusts is intensifying scrutiny of the ultra-rich, with property tycoon Pan Shiyi’s Cayman structure becoming a focal point. The tax imposes a 20% levy across a trust’s life cycle and is seen as a sharp escalation in monitoring capital flight.