China’s 25-year tax reach will cost it more than it collects

China is now chasing decades of unpaid tax on money its wealthiest citizens moved offshore, in some cases reaching back as far as 25 years. Call it what it actually is: a state deciding, after the fact, that wealth it once let leave the country is now fair game to reclaim. To be sure, taxing
The post China’s 25-year tax reach will cost it more than it collects appeared first on Asia Times.Asia TimesRead More