RT AB Kuai.Dong (@_FORAB)目前盈透券商 IBKR 那边，对注册新规的要求。来自身边人的亲测：国外雇佣证明、税单通知、海外信用卡在当地的消费记录，可过。整体来说，审核门槛不高，感觉像是象征意义加的要求。事件背景：由于 IBKR 适用于美国的 FATCA，不会与中国的 CRS 连接，导致最近查税风波后，开户和转移扎堆。 https://t.co/IpxX0MNvX1 ...

Core Viewpoint - The article discusses the complex overseas asset management and inheritance issues faced by the Wahaha family, particularly focusing on the late founder Zong Qinghou's extensive international investments and the ensuing legal battles over his estate [3][8]. Group 1: Overseas Asset Management - Zong Qinghou's overseas asset layout began as early as the 1990s, with a significant focus on the U.S. real estate market, including a mansion purchased for $25 million in Los Angeles [5][8]. - The family's overseas assets are estimated to exceed 15 billion RMB, including properties in the U.S. and Hong Kong, as well as stakes in various offshore companies [20][19]. - The article outlines three main pathways through which Zong Qinghou's family managed to move funds abroad: obtaining green cards in the 1990s, leveraging disputes with Danone for financial maneuvering, and utilizing offshore structures to facilitate asset acquisition [21][24][26]. Group 2: Taxation and Legal Challenges - The article highlights the tax implications of Zong Qinghou's estate, particularly the potential 40% tax burden on his heirs due to U.S. tax laws regarding "covered expatriates" [39][41]. - Zong Qinghou's estate planning strategies, including the use of offshore trusts, are scrutinized for their effectiveness in light of changing tax regulations and the risk of significant tax liabilities upon his death [54][56]. - The article emphasizes the importance of compliance in cross-border asset management, noting that the global exchange of tax information under CRS could impact individuals with overseas assets [48][53].

Core Viewpoint - Recent notifications from tax authorities indicate that taxpayers must declare and pay taxes on overseas income, including stock trading profits, as per Chinese tax law [1][2]. Taxation on Overseas Stock Trading - Taxpayers engaged in overseas stock trading are uncertain about tax obligations, especially regarding the calculation of gains and losses from transactions [1]. - According to Chinese tax law, income from stock trading is classified as property transfer income and is subject to a 20% tax rate. There is no tax exemption for overseas stock trading, and taxpayers must declare income in the following year [1][3]. - The tax authorities allow taxpayers to offset gains and losses within the same tax year but do not permit cross-year loss offsets [2][3]. Tax System Comparison - Other countries, such as the US, Germany, and Australia, also tax overseas stock trading, but they often employ a progressive tax rate system that can exceed China's flat 20% rate [3]. - China's tax system combines comprehensive and classified taxation, allowing for annual calculation of gains and losses, which is considered a reasonable approach [3]. Regulatory Measures - The tax authorities are enhancing oversight of overseas income taxation as part of efforts to regulate high-income earners and promote fairness [3][4]. - The implementation of the Common Reporting Standard (CRS) allows tax authorities to access data on residents' overseas financial accounts, facilitating the detection of underreported overseas income [3]. Compliance and Penalties - Taxpayers who fail to declare overseas income may face penalties, including back taxes and late fees. Serious cases could lead to investigations by tax authorities [6]. - Taxpayers are encouraged to correct any previous underreporting of overseas income promptly [6].

Core Viewpoint - Recent notifications from tax authorities require taxpayers to declare and pay taxes on overseas income, particularly from stock trading, which raises questions about tax obligations and calculation methods [1][2]. Taxation on Overseas Stock Trading - According to China's individual income tax law, income from stock trading is classified as capital gains and is subject to a 20% tax rate. Unlike domestic stock trading, which is currently exempt from personal income tax, overseas stock trading does not have such exemptions and must be declared in the following year after income is earned [1]. - Taxpayers are allowed to offset gains and losses from overseas stock trading within the same tax year, but cross-year loss offsets are not permitted under current regulations [2][3]. Tax System Comparison - Other countries, such as the US, Germany, and Australia, also tax overseas stock trading, but they often employ a progressive tax rate system that can exceed China's flat 20% rate. China's tax system combines both comprehensive and classified approaches, allowing for annual calculation of gains and losses [3]. Regulatory Measures and Compliance - The tax authorities are enhancing oversight of overseas income taxation as part of broader efforts to promote fairness and common prosperity. The implementation of the Common Reporting Standard (CRS) allows for automatic exchange of tax information, enabling authorities to identify underreported overseas income [3][4]. - Recent cases from tax departments in regions like Hubei and Shandong highlight the proactive measures taken against taxpayers who fail to declare overseas income, resulting in significant penalties and back taxes [4][6].

Group 1 - The recent notifications from tax authorities to taxpayers regarding the need to declare overseas income and pay corresponding taxes highlight the importance of compliance with tax regulations [1][6] - The core legal basis for declaring overseas income in China is the Individual Income Tax Law, which states that tax residents must pay taxes on global income [1][3] - Tax residents are defined by two criteria: the domicile standard and the residence duration standard, which determine whether individuals are subject to tax on their global income [2][4] Group 2 - Types of overseas income that are taxable include income from employment or services rendered abroad, dividends, interest, and capital gains from the transfer of overseas assets [3][4] - Taxpayers are allowed to offset gains and losses from overseas stock transactions within the same tax year, but not across different years [4] - China has adopted the Common Reporting Standard (CRS) for automatic exchange of tax information, which helps tax authorities identify underreported overseas income [5] Group 3 - Recent cases of individuals being penalized for failing to declare overseas income emphasize the significance of tax compliance [6] - Taxpayers can now declare overseas income through online platforms, and those with complex tax matters can visit tax service offices for assistance [6] - Taxpayers are encouraged to correct any previous underreporting of overseas income, even after the annual tax settlement period has ended [6]

Group 1 - The global financial information exchange is becoming increasingly tight, and the transparency of overseas assets is continuously improving, prompting Chinese institutions to consider tax compliance issues when establishing USD funds abroad [1][3] - Recent international efforts to combat cross-border tax evasion have led to the emergence of two significant financial information automatic exchange standards: the U.S. Foreign Account Tax Compliance Act (FATCA) and the OECD's Common Reporting Standard (CRS) [3] - FATCA requires foreign financial institutions to report U.S. taxpayers' overseas asset data to the IRS, while CRS mandates participating countries to report account information of foreign tax residents to their respective tax authorities [3] Group 2 - The closed-door meeting featured presentations by KPMG partners discussing tax and compliance issues relevant to Chinese institutions managing USD funds [5] - A partner from Chenyu Group provided insights on the latest strategies for obtaining personal identification in Hong Kong, which is beneficial for Chinese managers frequently traveling between mainland China and Hong Kong [6] - The event, organized by New Intelligence Fund Network and NuBright, aims to provide Chinese USD fund managers with essential information on fund establishment, fundraising, and transactions through closed-door exchanges [8]

Core Viewpoint - Recent reports indicate that individuals engaged in overseas stock trading have received notifications from local tax authorities urging them to self-check for overseas income and voluntarily declare taxes, while fraudulent activities are exploiting this situation under the guise of tax collection [1][3][6] Group 1: Tax Notifications and Fraud - Multiple brokerage firms have urgently sent risk alerts to clients, clarifying that they have not received any official tax collection notifications and advising against responding to suspicious messages [2][8] - There has been a rise in discussions on social media regarding the collection of overseas investment taxes, with some individuals claiming to have received notifications from local tax authorities [3][6] - New types of telecom fraud have emerged, using tax collection as a pretext, where scammers send messages impersonating brokerage firms, prompting investors to update tax information via dubious links [6][7] Group 2: CRS and Investor Concerns - The Common Reporting Standard (CRS) has been mischaracterized as a source of personal information leaks, causing investor anxiety despite its purpose of facilitating tax compliance among participating countries [8][9] - CRS is an automatic exchange of financial account information established by the OECD, with over 100 countries participating, including major immigration destinations [8] - CRS does not directly impose tax obligations on clients; tax liabilities depend on the regulations of the client's tax jurisdiction [9] Group 3: Exemptions and Misconceptions - There are misconceptions regarding potential exemptions from CRS reporting, particularly concerning U.S.-registered brokerages, which still must comply with CRS regulations [10] - The U.S. operates under a separate tax information exchange system (FATCA), which also requires compliance from financial institutions, including those in Hong Kong [10]