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China’s Tax Clampdown Brings in $24 Billion from Offshore Trusts

Source Bloomberg 财经13h ago
Summary

China’s ultra-wealthy have declared more than 160 billion yuan ($24 billion) in back taxes tied to offshore trusts, bowing to pressure from authorities increas…

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Desk
Business
Region
Americas
Language
English
Item ID
business-1117e1db

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China’s Tax Clampdown Brings in $24 Billion from Offshore Trusts · Meridian Globe