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Now China wants its tax share for overseas income but not pensions

Summary by Pattaya Mail
Chinese tax policy on overseas assets targets the super-rich. Thailand is far from unique in chasing up taxes on financial resources held overseas. The Straits Times reports a Chinese crackdown on overseas investments such as cryptocurrency, offshore banking and stakes in Hong Kong and US international companies. Peter Li, from the Zhong Lum Law Firm, commented that Chinese tax authorities are now targeting income received from outside China as …
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