China’s wealthy used grey zones to avoid taxes. Have new rules painted them into a corner?
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Source: South China Morning Post
Published: 2026-08-19 08:00 UTC+10:00
Section: British Virgin Islands
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Asia, Economy & Finance, China, Tax & Budget, Business & Economy, Asia Pacific
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Snippet:
Once a reliable vehicle for tax avoidance, offshore trusts are being reconsidered as enforcement bodies step up their efforts, backed by new regulations
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