Wei Kang comments on China’s new tax rule on offshore trusts in The Straits Times
min readHong Kong-based Private Client Partner Wei Kang has been quoted in The Straits Times discussing the impact of new measures targeting offshore trusts on existing arrangements, necessary due diligence and compliance checks before implementation.
Commenting in the piece, Wei highlights that the development underlines the continued importance of professional advice, with clients requiring guidance on navigating the new rules and ensuring their structures remain fit for purpose. Wei also notes that Singapore continues to benefit from a strong legal and regulatory framework, reinforcing its position as a leading wealth management hub for international families.
You can read the full article on The Straits Times here.
