China Tax Crackdown May Spark Digital Dollar Boom
BEIJING – China’s wealthiest families face a hard deadline today. The 90-day grace period for declaring and paying tax on offshore trust income ends on October 22. Under rules issued in July, resident individuals must report gains on assets moved into overseas trusts and pay a flat 20 percent individual income tax. The crackdown closes […] The post China Tax Crackdown May Spark Digital Dollar…
We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.
