China's State Taxation Administration sets Oct 22, 2026 deadline for offshore trust tax filings. New rules require Chinese tax residents to pay personal income tax on capital gains from asset transfers to offshore trusts & annually report trust earnings, even undistributed. This 90-day window (for 2023-2025 transfers & pre-2026 earnings) offers penalty exemption for timely filing. Non-compliance leads to legal action. China emphasizes cross-border financial transparency & tax compliance.
#crypto #blockchain #news
Blockchain Report
npub1cg…nmysr
2026-10-20 06:11:35 UTC
Author Public Key
npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrPublished at
2026-10-20 06:11:35 UTCEvent JSON
{
"id": "13ab066cdb19621b052abd8195aa73e6b71acc324542b8d26eebf0547482fbc8",
"pubkey": "c215990326b98e7fff0ccbc865c159332802d9fd39ffa281ec0f8949bd2a3113",
"created_at": 1792476695,
"kind": 1,
"tags": [],
"content": "China's State Taxation Administration sets Oct 22, 2026 deadline for offshore trust tax filings. New rules require Chinese tax residents to pay personal income tax on capital gains from asset transfers to offshore trusts \u0026 annually report trust earnings, even undistributed. This 90-day window (for 2023-2025 transfers \u0026 pre-2026 earnings) offers penalty exemption for timely filing. Non-compliance leads to legal action. China emphasizes cross-border financial transparency \u0026 tax compliance.\n\n#crypto #blockchain #news ",
"sig": "d573d02de13c991572010a8bb3f9c7c28f8e4aa04eb445a365cf47921fe2d665ed123f6ebdbd18d6f146566cdcbd9a1849deb39d5c6666e30b6c61a8ae5e44b1"
}