China’s New Tax Regime and Offshore Trusts

During the program, Cindy and Xiang will be joined by Lucy Ni, Managing Director at Andersen, to discuss China’s new individual income tax rules for offshore trusts. The panel will address how the rules apply to Chinese resident settlors and beneficiaries throughout a trust’s life cycle, as well as the anti-avoidance rules under the new offshore trust taxation regime.

Using case studies, the panel will illustrate how the new rules operate in practice and highlight open issues where further guidance is still needed. The speakers will also provide practical recommendations for advisors and families with PRC-connected trust structures, with an emphasis on compliance and coordination between US and Chinese advice.