South China Morning Post

Why are mainland China’s tax officials suddenly so interested in my Hong Kong MPF?

For the past few months, this newspaper has extensively covered China’s ongoing clampdown on tax avoidance, especially its push to tax the income of super-rich families held in offshore trusts. We never expected to become targets of the campaign ourselves. But there have been signs in recent weeks that officials are starting to take an interest even in the incomes of South China Morning Post journalists, with several of us being contacted by the tax man. First, a colleague with our Beijing...

By South China Morning Post

1 min read
Why are mainland China’s tax officials suddenly so interested in my Hong Kong MPF?
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