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    China cracks down on offshore trusts with new tax rules for the wealthy

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    Source: South China Morning Post
    Published: 2026-07-27 10:00 UTC+10:00
    Section: tax
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Asia, China, Tax & Budget, Business & Economy, Asia Pacific
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    Snippet:
    Beijing’s new tax rules aim to close loopholes and boost fiscal revenue amid slowing economic growth and rising fiscal burdens
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