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

AI Summary

China’s tax authorities are extending their scrutiny of offshore income and tax avoidance, including income held through offshore trusts. South China Morning Post journalists say some colleagues have recently been contacted by mainland tax officials about their incomes and Hong Kong MPF accounts.

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...