On July 24, 2026, China's Ministry of Finance and the State Taxation Administration issued an announcement requiring individual residents to pay a 20% personal income tax on assets transferred into offshore trusts and the income generated during their existence, with a 90-day transition period.
Evidence EVIDENCE
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SourceTypeReliabilityLink
中美对标
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江峰·視界
2026-09-24 01:27 · 江峰·視界 发布了新视频:五中全會已定,溫家寶拆掉李強三張底牌;方星海落馬、DeepSeek突然停融、蔣罔正收聲【江峰視界20260730第449期】
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老北京茶館 - 幽默時政
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Context CONTEXT
Cause
07.24
·Reported
·Importance III
·China
This event
China's Ministry of Finance and State Taxation Administration Require 20% Tax on Offshore Trust Income
2026.07.24 · Official claim
Effect
09.28
·Reported
·Importance III
·China
10.07
·Reported
·Importance III
·Beijing
10.16
·Reported
·Importance III
·China
10.19
·Reported
·Importance III
·China
10.19
·Verified
·Importance IV
·China
09.28
·Reported
·Importance II
·Guangzhou
Part of
2026.07
·Reported
·Importance II
·China
Coverage of this event COVERAGE