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China's New Offshore Trust Tax Scrutinises Pan Shiyi's Wealth
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China's New Offshore Trust Tax Scrutinises Pan Shiyi's Wealth

Beijing's new tax rules for offshore trusts are tightening scrutiny on China's ultra-rich, bringing property tycoon Pan Shiyi's Cayman Islands structure back into focus. A flat 20 per cent levy applies across a trust's lifespan.

By Asianomist Desk · 4 August 2026