The Aporia
Qi, T. (2026, October 21). China eases uncertainty over offshore trust taxes before grace period ends. South China Morning Post. https://www.scmp.com/business/money/wealth/article/3371606/china-eases-uncertainty-over-offshore-trust-taxes-grace-period-ends
Qi, Themis. “China eases uncertainty over offshore trust taxes before grace period ends.” South China Morning Post, 21 Oct. 2026, https://www.scmp.com/business/money/wealth/article/3371606/china-eases-uncertainty-over-offshore-trust-taxes-grace-period-ends.
Qi, Themis. “China eases uncertainty over offshore trust taxes before grace period ends.” South China Morning Post, October 21, 2026. https://www.scmp.com/business/money/wealth/article/3371606/china-eases-uncertainty-over-offshore-trust-taxes-grace-period-ends.
Dated from the outlet's own feed. Check the original for its byline.
The Chinese State Taxation Administration has issued new guidance easing uncertainty over offshore trust taxes just days before a grace period ends, exempting some offshore stock incentive trusts. This follows an appeal by a Hong Kong-listed mainland Chinese company that successfully argued against paying tax on an offshore trust for a non-Chinese executive. The clarification comes after the State Taxation Administration published a question-and-answer series indicating alignment with international practices regarding these taxes. The new guidance aims to provide greater regulatory clarity, which was initially prompted when the company was asked to pay taxes related to the trust set up in 2021 before its initial public offering (IPO).