DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!China Intensifies Tax Collection on Overseas Income
China Intensifies Tax Collection on Overseas Income

China Intensifies Tax Collection on Overseas Income

Update: 2025-11-12
Share

Description

China intensifies tax collection from overseas earnings, utilizing big data to identify non-compliant individuals. Notable cases include Fu from Xiamen and Li from Sichuan, each paying millions in back taxes. This move aligns with the Common Reporting Standard and marks a significant shift in enforcing tax regulations on global income.

The Daily News Now! — Every city. Every story. AI-powered.


Hosted on Acast. See acast.com/privacy for more information.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

China Intensifies Tax Collection on Overseas Income

China Intensifies Tax Collection on Overseas Income