[{"data":1,"prerenderedAt":277},["ShallowReactive",2],{"story-210004-en":3},{"id":4,"slug":5,"slugs":5,"currentSlug":5,"title":6,"subtitle":7,"coverImagesSmall":8,"coverImages":9,"content":42,"questions":43,"relatedArticles":65,"body_color":275,"card_color":276},"210004",null,"China's 20% Offshore Tax Crackdown | Reshapes Wealth Management & Cross-Border Seller Compliance","- Affects $667B in Hong Kong trust assets; retroactive enforcement targets cross-border e-commerce sellers with Chinese ownership; 90-day compliance deadline creates urgent advisory demand",[],[10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,11,35,36,37,38,39,40,41,24],"https://www.globalbankingandfinance.com/i/cloud-fa223034-7aaf-4669-9413-8222031beda2/width=1200,quality=72,format=auto,fit=cover/","https://live.euronext.com/sites/default/files/2026-08/12903121_1.jpg?VersionId=DrPs.DmBupxII0Qttv0VwkHO3SOSPGct","https://hermes.media.static.aol.com/media/2026/08/05/ce5d0997-a308-3870-8d2e-8602f55f6f65/3c2700d1-d462-41a3-89fc-a7d674ee8eb6.jpg","https://www.step.org/sites/default/files/media/images/2026-07/STEPInternationalLead30July2026.China__0.jpg","https://i0.wp.com/asiatimes.com/wp-content/uploads/2026/04/Rupiah-Yuan-China-Indonesia.jpg?fit=780%2C520&ssl=1","https://wimg.mk.co.kr/news/cms/202607/27/rcv.YNA.20260716.PAP20260716284301009_P1.jpg","https://www.hindustantimes.com/ht-img/img/2026/07/28/1600x900/logo/im-89100256_1785241578167_1785241593090_11fa9481-0324-408a-b71c-b7767143eb86.jpg","https://cdn.i-scmp.com/sites/default/files/styles/1020x680/public/d8/images/canvas/2026/07/26/6c268362-d925-4fdf-a038-3108583181dd_55490fab.jpg?itok=QFIfPsxF&v=1785072662","https://img.caixin.com/2026-08-05/178592712122595_1280_720.jpg","https://harici.com.tr/en/wp-content/uploads/2026/08/China-1000x600.jpg","https://static.cryptobriefing.com/wp-content/uploads/2026/08/05071924/prudential-life-insurance-800x420.jpeg","https://images.ft.com/v3/image/raw/ftcms%3Ac8640eb4-8ed3-47ba-bb73-cb9edd3f25dc?source=next-article&fit=scale-down&quality=highest&width=1440&dpr=1","https://img5.s3wfg.com/web/img/images_uploaded/6/e/dl-prudential-plc-ftse-100-financials-insurance-life-insurance-logo_620x350.jpg","https://image.hkstandard.com.hk/f/1024p0/0x0/100/none/9d07e0b33638d67117e937978ec12529/2026-08/iStock-1706543390.jpg","https://www.nortonrosefulbright.com/-/media/images/nrf/thought-leadership/us/2026/meta_image.png?revision=f0c555a0-2a5d-4295-8f1b-16c9d9bedd04&revision=5250878305137387904","https://standfirst-primeresi-production.imgix.net/uploads/2026/08/Building_of_Chinese_Embassy_in_the_Portland_Place_in_London_June_2013_2-copy.jpg?fit=crop&crop=faces,entropy&q=45&auto=compress,format&w=780&h=519","https://images.ft.com/v3/image/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fee44562b-0330-4d79-83cc-c06a7b246501.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1","https://assets.kpmg.com/is/image/kpmgcloud/tax-alert-fy-26-1500:cq5dam-web-656-656?wid=328&hei=328","https://cdn.i-scmp.com/sites/default/files/styles/700x400/public/d8/images/canvas/2026/08/04/adf0ef6e-be75-4a88-90b3-22388b53d899_98e28da3.jpg?itok=wrYE9cGd&v=1785852505","https://menafn.com/updates/pr/2026-08/05/AT_a566dimage_story.jpg","https://www.reuters.com/resizer/v2/57ZDPYH6V5OARCWKMFMBPWNF3Y.jpg?auth=f9e255d70639b18cc16f616895f6c8667701d76381ed5832a36ba17c6932b4f7&width=1920&quality=80","https://img.biggo.com/9KeRd2VJp6bmmC7QjQ34aZ63_Qgld6_anWDyYRL5jHY/fit/1720/0/sm/0/aHR0cHM6Ly9pbWcuYmdvLm9uZS9uZXdzLWltYWdlL2FpX2dlbmVyYXRlZC8yMDI2LTA4LzQwNzRmMjQ3LWM2NWEtNDE1MS04NTA2LWNlZGZkODQzZTllNF8xNzg1OTQ2MTg4X2RlZmF1bHQuanBn.webp","https://hermes.media.static.aol.com/media/2026/08/05/45dc2222-54b3-3824-9a76-5f7ff925c34c/abaa4fe0-4596-411e-b03c-1ff2779bb044.jpeg","https://images.simplywall.st/asset/industry/7212000-choice1-main-header/1585186806799","https://cdn.plataformamedia.com/2023/12/348B4YV-highres.jpg","https://asserts.assertsseo.click/manifest/usstock/2026-07-26/images/257306dbd113.jpg","https://www.thetimes.com/imageserver/image/e872f61c-9d54-4fba-8367-e4a6e0c07a11.jpg?strip=all&format=webp&crop=5300px%2C2981px%2C0px%2C552px&resize=2360","https://image.cnbcfm.com/api/v1/image/108344236-1785802459182-gettyimages-2233324763-RMB.jpeg?v=1785802551&w=1600&h=900","https://eu-images.contentstack.com/v3/assets/bltabaa95ef14172c61/blt295e845ac436efb1/6a6a5607a4d5b8c05f3777ab/china-flag-us-money.jpg?width=1280&auto=webp&quality=80&format=jpg&disable=upscale","https://d1qq9lwf5ow8iz.cloudfront.net/live-images-1/ImageDetail_4be93e18-1b25-4f09-bd65-5921f6582498_Large","https://i.ntd.com/assets/uploads/2026/05/id1146756-Republican-Tax-Cut-2.jpg-900x506.webp","https://briefs.gumlet.io/wp-content/uploads/2026/08/asia-insurers-banks-slide.png?quality=90&compress=true&w=360&dpr=2.6","China's unprecedented offshore tax enforcement regime—announced July 24, 2025—represents a fundamental shift in wealth management and cross-border business compliance that directly impacts e-commerce sellers with Chinese ownership, suppliers, or financial ties. The **20% personal income tax on offshore trusts** and **20% levy on returns from offshore insurance policies** (implemented in Beijing and Hangzhou by August 5) signals Beijing's aggressive fiscal consolidation strategy. With HK$5.2 trillion ($667 billion) in trust assets held in Hong Kong alone (55% invested in mainland China/Hong Kong), and a compressed 90-day compliance window ending October 22, 2025, this creates immediate operational and financial pressure on affected business owners.\n\n**For cross-border e-commerce sellers, the implications are multifaceted and urgent.** The retroactive nature of China's global tax investigation—examining historical records spanning multiple decades—means sellers with Chinese ownership, offshore suppliers, or undisclosed transfer pricing arrangements face heightened scrutiny regarding income reporting and asset disclosure. Penalties for non-compliance include surcharges on late declarations and interest charges on previously unreported transactions. Sellers operating through Hong Kong or Singapore entities (traditional tax-planning hubs) must now reassess their corporate structures, as offshore trusts can no longer serve as effective tax-planning tools. The Common Reporting Standard data-sharing framework enables mainland authorities to track overseas financial accounts, insurance policies, and investment holdings—eliminating previous opacity that sellers may have relied upon.\n\n**The market impact extends beyond compliance costs to affect seller liquidity and working capital.** Wealth managers report clients are considering asset liquidations to fund tax compliance, creating selling pressure on Hong Kong equities and A-shares. This signals potential capital constraints among Chinese high-net-worth individuals who historically funded e-commerce operations, invested in inventory, or provided supplier financing. For sellers dependent on Chinese investor capital or supplier relationships, reduced liquidity among this demographic could constrain growth funding and inventory procurement. Additionally, the crackdown on cross-border investments (evidenced by May 2025 enforcement against online brokers facilitating foreign share purchases) indicates Beijing's broader intent to restrict outbound capital flows—directly affecting sellers' ability to move profits offshore or access international financing.\n\n**The 90-day compliance window (July 24–October 22, 2025) creates immediate demand for specialized advisory services**, as evidenced by urgent inquiries to KPMG and the Hong Kong Trustees Association. Sellers must engage tax professionals specializing in cross-border transactions to audit their corporate structures, calculate tax exposure, and determine whether installment payment options (available over 5 years) are viable. The valuation challenge—many trust assets consist of illiquid holdings including pre-IPO stakes and operating companies—mirrors the complexity sellers face when disclosing business valuations to tax authorities. This regulatory environment favors large, well-capitalized sellers with dedicated compliance teams over small/medium sellers operating through informal offshore structures.",[44,47,50,53,56,59,62],{"title":45,"answer":46,"author":5,"avatar":5,"time":5},"What strategic options do sellers have to reduce tax exposure under the new rules?","Sellers have limited options given the retroactive nature and compressed timeline. Legal options include: (1) utilizing 5-year installment payment plans to spread tax liability and preserve working capital; (2) restructuring corporate entities to separate compliant operations from legacy non-compliant structures; (3) consulting with tax professionals to identify legitimate deductions or valuation adjustments for illiquid assets; (4) considering voluntary disclosure programs (if available) to reduce penalties; (5) evaluating whether to maintain offshore structures post-2025 or repatriate operations to mainland China. However, the news explicitly states offshore trusts can no longer serve as effective tax-planning tools, meaning future tax-avoidance strategies are severely constrained. Sellers should focus on compliance rather than avoidance.",{"title":48,"answer":49,"author":5,"avatar":5,"time":5},"How does this tax crackdown compare to U.S. and EU offshore tax enforcement?","China's 20% offshore trust tax rate is below the U.S. federal rate of 37%, making it relatively moderate by international standards. However, China's enforcement is more aggressive: the retroactive investigation spans multiple decades (vs. typical 3-7 year lookback periods), applies to all trust lifecycle stages (establishment, distribution, termination), and leverages CRS data-sharing for comprehensive account tracking. The EU's ATAD (Anti-Tax Avoidance Directive) similarly targets offshore structures but with longer compliance timelines. China's 90-day compliance window is exceptionally compressed, creating urgency that exceeds typical U.S. IRS or EU tax authority enforcement. Sellers should treat this as higher-priority than comparable Western tax compliance obligations.",{"title":51,"answer":52,"author":5,"avatar":5,"time":5},"What are the specific deadlines and compliance steps sellers must take immediately?","The critical deadline is October 22, 2025—90 days from the July 24 announcement—for declaring and paying outstanding tax amounts on assets transferred into trusts since January 2023. Sellers must immediately: (1) engage tax professionals specializing in cross-border transactions; (2) audit corporate structures and identify all offshore trust holdings; (3) calculate tax exposure on illiquid assets (pre-IPO stakes, operating companies, properties); (4) determine whether to pay in full or utilize 5-year installment options; (5) prepare documentation for tax authority submission. Failure to comply by October 22 triggers surcharges and interest charges. Sellers should prioritize this over other operational tasks given the compressed timeline.",{"title":54,"answer":55,"author":5,"avatar":5,"time":5},"How will asset liquidations by Chinese high-net-worth individuals affect e-commerce sellers?","Wealth managers report clients are liquidating assets to fund tax compliance, creating selling pressure on Hong Kong equities and A-shares. This signals reduced liquidity among Chinese investors who historically provided capital for e-commerce operations, inventory procurement, and supplier financing. Sellers dependent on Chinese investor funding may face constrained access to growth capital during 2025-2026. Additionally, the broader crackdown on cross-border investments (May 2025 enforcement against online brokers) indicates Beijing's intent to restrict outbound capital flows, limiting sellers' ability to move profits offshore or access international financing. This creates working capital pressure for sellers reliant on Chinese capital sources.",{"title":57,"answer":58,"author":5,"avatar":5,"time":5},"Which seller segments face the highest compliance risk from China's tax crackdown?","High-risk segments include: (1) Chinese-owned sellers operating through Hong Kong/Singapore holding companies; (2) sellers with undisclosed transfer pricing between Chinese suppliers and offshore entities; (3) sellers who have not reported offshore income or asset transfers since January 2023; (4) sellers dependent on Chinese investor capital or supplier financing; (5) small/medium sellers operating through informal offshore structures without professional tax compliance. Large, well-capitalized sellers with dedicated compliance teams and transparent corporate structures face lower risk. The retroactive investigation spanning multiple decades means even historical non-compliance can trigger penalties.",{"title":60,"answer":61,"author":5,"avatar":5,"time":5},"What is the Common Reporting Standard and how does it impact seller privacy?","The Common Reporting Standard (CRS) is an international framework enabling automatic information-sharing between tax authorities regarding offshore financial accounts, insurance policies, and investment holdings. China's tax authorities now leverage CRS data to track overseas accounts held by Chinese citizens and businesses, eliminating the opacity that previously protected sellers' offshore structures. This means sellers can no longer rely on confidentiality to hide unreported income or undisclosed transfer pricing arrangements. Sellers operating through Hong Kong or Singapore entities must assume their financial accounts are visible to mainland tax authorities.",{"title":63,"answer":64,"author":5,"avatar":5,"time":5},"How does China's 20% offshore trust tax affect e-commerce sellers with Chinese ownership?","Sellers with Chinese ownership who hold business assets in offshore trusts (Hong Kong, Singapore) now face a 20% personal income tax on trust assets and distributions, retroactive to January 2023. The July 24, 2025 regulation creates a 90-day compliance window (ending October 22) with potential surcharges for late declarations. Sellers must immediately audit their corporate structures, calculate tax exposure on illiquid holdings (pre-IPO stakes, operating companies), and determine whether to liquidate assets or utilize 5-year installment payment options. Non-compliance triggers penalties and interest charges on previously unreported transactions, making professional tax advisory urgent.",[66,71,75,79,84,88,92,96,99,102,106,109,113,117,120,123,127,131,134,137,141,145,149,153,157,161,165,169,173,176,181,186,190,194,198,202,205,208,213,217,221,226,230,234,238,242,246,250,254,258,262,266,271],{"id":67,"title":68,"source":69,"logo":36,"time":70},1346365,"British bank shares hit by Chinese tax crackdown","https://www.thetimes.com/business/companies-markets/article/british-banks-china-tax-crackdown-8tsw5h0nm","2D AGO",{"id":72,"title":73,"source":74,"logo":5,"time":70},1346366,"Prudential, HSBC and Stan Chart tumble as China closes offshore tax loophole","https://uk.finance.yahoo.com/news/prudential-hsbc-stan-chart-tumble-110900046.html",{"id":76,"title":77,"source":78,"logo":30,"time":70},1346363,"Prudential shares tumble on report China will tax offshore insurance returns","https://www.reuters.com/business/finance/prudential-slides-after-report-china-offshore-insurance-tax-2026-08-05",{"id":80,"title":81,"source":82,"logo":28,"time":83},1346364,"How China’s new offshore trust tax rules could shake billionaires’ fortunes","https://www.scmp.com/business/money/wealth/article/3362835/could-chinas-new-trust-tax-pull-pan-shiyis-wealth-capital-flight-spotlight","3D AGO",{"id":85,"title":86,"source":87,"logo":37,"time":70},1346361,"China's super-rich 'in shock' and hunting for cash as Beijing issues surprise tax on offshore trusts","https://www.cnbc.com/2026/08/05/wealthy-chinese-race-for-tax-advice-as-beijing-targets-offshore-trusts.html",{"id":89,"title":90,"source":91,"logo":26,"time":70},1346362,"FirstFT: China launches global tax hunt","https://www.ft.com/content/4709fbd3-5a10-46b0-84cf-9fed6c9a10b0?syn-25a6b1a6=1",{"id":93,"title":94,"source":95,"logo":5,"time":70},1346408,"Prudential sinks 13% as China tax crackdown clouds key growth market","https://ng.investing.com/news/stock-market-news/prudential-sinks-13-as-china-tax-crackdown-clouds-key-growth-market-2639073",{"id":97,"title":94,"source":98,"logo":5,"time":70},1346409,"https://ca.investing.com/news/stock-market-news/prudential-sinks-13-as-china-tax-crackdown-clouds-key-growth-market-4777053",{"id":100,"title":77,"source":101,"logo":12,"time":70},1346406,"https://www.aol.com/articles/prudential-slides-report-china-offshore-111653000.html",{"id":103,"title":104,"source":105,"logo":29,"time":70},1346407,"China's 25-Year Tax Reach Will Cost It More Than It Collects","https://menafn.com/1111494430/Chinas-25-Year-Tax-Reach-Will-Cost-It-More-Than-It-Collects",{"id":107,"title":77,"source":108,"logo":11,"time":70},1346404,"https://live.euronext.com/en/financial-news/prudential-shares-tumble-report-china-will-tax-offshore-insurance-returns",{"id":110,"title":111,"source":112,"logo":5,"time":70},1346405,"Beijing tax crackdown hits the City","https://sg.finance.yahoo.com/news/beijing-tax-crackdown-hits-city-151923859.html",{"id":114,"title":115,"source":116,"logo":18,"time":70},1346369,"Exclusive: China Widens Tax Net to Offshore Insurance","https://www.caixinglobal.com/2026-08-05/exclusive-china-widens-tax-net-to-offshore-insurance-102471550.html",{"id":118,"title":94,"source":119,"logo":5,"time":70},1346402,"https://www.investing.com/news/stock-market-news/prudential-sinks-13-as-china-tax-crackdown-clouds-key-growth-market-4837197",{"id":121,"title":73,"source":122,"logo":5,"time":70},1346403,"https://www.proactiveinvestors.co.uk/companies/news/1096584/prudential-hsbc-and-stan-chart-tumble-as-china-closes-offshore-tax-loophole-1096584.html",{"id":124,"title":125,"source":126,"logo":5,"time":70},1346367,"FTSE 100 Live: Gold miners provide boost, but Pru and HSBC hit by China tax report","https://www.proactiveinvestors.com/companies/news/1096553/ftse-100-live-london-index-sinks-as-pru-hsbc-and-stan-chart-hit-by-china-tax-report-1096553.html",{"id":128,"title":129,"source":130,"logo":21,"time":70},1346400,"China launches global tax hunt going back decades","https://www.ft.com/content/e17912c0-7691-42f7-8920-b43268930e41?syn-25a6b1a6=1",{"id":132,"title":111,"source":133,"logo":5,"time":70},1346368,"https://www.telegraph.co.uk/business/2026/08/05/beijing-tax-crackdown-hits-the-city",{"id":135,"title":111,"source":136,"logo":32,"time":70},1346401,"https://www.aol.com/articles/beijing-tax-crackdown-hits-city-151923000.html",{"id":138,"title":139,"source":140,"logo":22,"time":70},1346376,"Prudential, HSBC tank as China widens insurance taxes","https://www.sharecast.com/news/international-economic/prudential-hsbc-tank-as-china-widens-insurance-taxes--23194039.html",{"id":142,"title":143,"source":144,"logo":41,"time":70},1346377,"Asia Insurers and Banks Slide as Beijing Taxes Offshore Policy Returns","https://www.briefs.co/news/asia-insurers-and-banks-slide-as-beijing-taxes-offshore-poli",{"id":146,"title":147,"source":148,"logo":24,"time":70},1346410,"China announces landmark rules on offshore trusts | United States | Global law firm","https://www.nortonrosefulbright.com/en-us/knowledge/publications/dcf1c163/china-announces-landmark-rules-on-offshore-trusts",{"id":150,"title":151,"source":152,"logo":5,"time":70},1346374,"Prudential Sank After Report Of New China Tax Scrutiny","https://finimize.com/content/prudential-sank-after-china-targeted-offshore-policy-returns",{"id":154,"title":155,"source":156,"logo":23,"time":70},1346375,"China's tax authorities reportedly impose 20% levy on offshore insurance policy gains","https://www.thestandard.com.hk/finance/article/339163/Chinas-tax-authorities-reportedly-impose-20-levy-on-offshore-insurance-policy-gains",{"id":158,"title":159,"source":160,"logo":33,"time":70},1346372,"Hong Kong Stocks Facing Pressure From China’s New Offshore Trust Tax","https://simplywall.st/stocks/hk/insurance/hkg-1299/aia-group-shares/news/hong-kong-stocks-facing-pressure-from-chinas-new-offshore-tr",{"id":162,"title":163,"source":164,"logo":5,"time":70},1346373,"Why is Prudential stock tumbling today? By Investing.com","https://ng.investing.com/news/stock-market-news/why-is-prudential-stock-tumbling-today-93CH-2638998",{"id":166,"title":167,"source":168,"logo":24,"time":83},1346370,"China announces landmark rules on offshore trusts","https://www.nortonrosefulbright.com/en/knowledge/publications/dcf1c163/china-announces-landmark-rules-on-offshore-trusts",{"id":170,"title":171,"source":172,"logo":14,"time":70},1346371,"China’s 25-year tax reach will cost it more than it collects","https://asiatimes.com/2026/08/chinas-25-year-tax-reach-will-cost-it-more-than-it-collects",{"id":174,"title":139,"source":175,"logo":5,"time":70},1346413,"https://www.lse.co.uk/news/prudential-hsbc-tank-as-china-widens-insurance-taxes-j7p5gn7p6e2b1r0.html",{"id":177,"title":178,"source":179,"logo":27,"time":180},1346378,"New Individual Income Tax Rules for Offshore Trusts Implemented: Tax Transparency and Compliance Now the Norm","https://kpmg.com/cn/en/insights/2026/07/china-tax-alert-05.html","9D AGO",{"id":182,"title":183,"source":184,"logo":17,"time":185},1346411,"China targets offshore trusts – including Hong Kong’s – amid tax overhaul","https://www.scmp.com/business/china-business/article/3361907/china-cracks-down-offshore-trusts-new-tax-rules-wealthy","11D AGO",{"id":187,"title":188,"source":189,"logo":39,"time":83},1346379,"Chinese HNWs navigate new realities as trust tax rules shut 'grey zone'","https://citywire.com/asia/news/chinese-hnws-navigate-new-realities-as-trust-tax-rules-shut-grey-zone/a2495459",{"id":191,"title":192,"source":193,"logo":5,"time":70},1346412,"FTSE 100 Live: London index sinks as Pru, HSBC and Stan Chart hit by China tax report","https://www.proactiveinvestors.com/companies/news/1096553/ftse-100-live-blue-chips-set-to-rise-as-next-legal-general-and-glencore-report-1096553.html",{"id":195,"title":196,"source":197,"logo":25,"time":70},1346387,"China launches retroactive tax crackdown on wealthy citizens’ offshore assets","https://primeresi.com/china-launches-retroactive-tax-crackdown-on-wealthy-citizens-offshore-assets",{"id":199,"title":200,"source":201,"logo":11,"time":70},1346388,"Prudential slides after report on China offshore insurance tax","https://live.euronext.com/en/financial-news/prudential-slides-after-report-china-offshore-insurance-tax",{"id":203,"title":125,"source":204,"logo":5,"time":70},1346385,"https://www.proactiveinvestors.co.uk/companies/news/1096553/ftse-100-live-blue-chips-set-to-rise-as-next-legal-general-and-glencore-report-1096553.html",{"id":206,"title":200,"source":207,"logo":5,"time":70},1346386,"https://www.tradingview.com/news/reuters.com,2026:newsml_L8N4421A4:0-prudential-slides-after-report-on-china-offshore-insurance-tax",{"id":209,"title":210,"source":211,"logo":13,"time":212},1346383,"China introduces tax regime for residents' offshore trusts","https://www.step.org/industry-news/china-introduces-tax-regime-residents-offshore-trusts","8D AGO",{"id":214,"title":215,"source":216,"logo":15,"time":185},1346384,"China's IT billionaires and wealthy individuals have used ghost companies and overseas listings in t..","https://www.mk.co.kr/en/world/12108387",{"id":218,"title":219,"source":220,"logo":19,"time":70},1346381,"China launches global tax audit on super-rich to recover billions","https://harici.com.tr/en/china-launches-global-tax-audit-on-super-rich-to-recover-billions",{"id":222,"title":223,"source":224,"logo":5,"time":225},1346382,"China targets offshore trusts with new tax rules","https://www.theaccountant-online.com/news/china-targets-offshore-trusts-with-new-tax-rules","10D AGO",{"id":227,"title":228,"source":229,"logo":20,"time":70},1346380,"Prudential shares fall 13% after China widens its tax net on Hong Kong insurance","https://cryptobriefing.com/prudential-shares-fall-china-tax-net-hong-kong-insurance",{"id":231,"title":232,"source":233,"logo":5,"time":70},1346389,"Prudential, HSBC Shares Slide After Report Says China Taxing Returns From Hong Kong Insurance Policies","https://www.marketscreener.com/news/prudential-hsbc-shares-slide-after-report-says-china-taxing-returns-from-hong-kong-insurance-polici-ce7f50dfd08bf623",{"id":235,"title":236,"source":237,"logo":38,"time":180},1346398,"China Announces Landmark Rules on Offshore Trusts","https://www.wealthmanagement.com/estate-planning/china-announces-landmark-rules-on-offshore-trusts",{"id":239,"title":240,"source":241,"logo":40,"time":180},1346399,"China’s Overseas 'Tax Dragnet' Targets Offshore Trusts and High-Net-Worth Elites","https://www.ntd.com/chinas-overseas-tax-dragnet-targets-offshore-trusts-and-high-net-worth-elites_1162748.html",{"id":243,"title":244,"source":245,"logo":10,"time":70},1346396,"Prudential Shares Slide Over China Offshore Insurance Tax Report","https://www.globalbankingandfinance.com/prudential-slides-report-china-offshore-insurance-tax",{"id":247,"title":248,"source":249,"logo":5,"time":225},1346397,"China Establishes New Individual Income Tax Rules for Offshore Trusts","https://www.morganlewis.com/pubs/2026/07/china-establishes-new-individual-income-tax-rules-for-offshore-trusts",{"id":251,"title":252,"source":253,"logo":34,"time":185},1346394,"China imposes new tax rules on offshore trusts to target wealthy families","https://www.plataformamedia.com/en/2026/07/27/china-tax-crackdown-offshore-trusts-wealthy",{"id":255,"title":256,"source":257,"logo":16,"time":180},1346395,"China’s Tycoons Made Fortunes Offshore. Now the Party Is Over. | World News","https://www.hindustantimes.com/world-news/chinas-tycoons-made-fortunes-offshore-now-the-party-is-over-101785241571388.html",{"id":259,"title":260,"source":261,"logo":5,"time":70},1346392,"China’s super-rich ‘in shock’ and hunting for cash as Beijing issues surprise tax on offshore trusts","https://www.forexfactory.com/news/1411759-chinas-super-rich-in-shock-and-hunting-for-cash",{"id":263,"title":264,"source":265,"logo":5,"time":70},1346393,"China Intensifies Global Tax Hunt as Beijing Targets Overseas Wealth","https://slguardian.org/china-intensifies-global-tax-hunt-as-beijing-targets-overseas-wealth",{"id":267,"title":268,"source":269,"logo":35,"time":270},1346390,"China Intensifies Tax Crackdown on Offshore Trusts, Closing Loophole for Wealthy Families - Annual Report","https://po-news-eg.net/expert-time/China-Intensifies-Tax-Crackdown-on-Offshore-Trusts-Closing-Loophole-for-Wealthy-Families-46-17094","13D AGO",{"id":272,"title":273,"source":274,"logo":31,"time":70},1346391,"China Reportedly Slaps 20% Tax on Offshore Insurance Gains, HSBC Tumbles 7% in London","https://finance.biggo.com/news/4074f247-c65a-4151-8506-cedfd843e9e4","#77326cff","#77326c4d",1786185068645]