Countdown to CRS Implementation! The Era of Asset Exposure Has Arrived

Countdown to CRS Implementation! The Era of Asset Exposure Has Arrived

Date: March 17, 2018 (Saturday) 10:00—13:00 Location: Room 603-604, 6th Floor, Tai Tung Building, 8 Fleming Road, Wan Chai, Hong Kong Reservation: (852) 2802 8799

Countdown to CRS Implementation! The Era of Asset Exposure Has Arrived


Date: March 17, 2018 (Saturday) 10:00—13:00
Location: Room 603-604, 6th Floor, Tai Tung Building, 8 Fleming Road, Wan Chai, Hong Kong
Reservation: (852) 2802 8799


    2017 marked the inaugural year of CRS, and 2018 is the year of CRS implementation. With the arrival of 2018, the countdown to China’s first implementation of CRS financial account tax information exchange in September 2018 has begun. The time left for high-net-worth individuals to respond to global taxation under CRS is truly limited.

 

    The CRS tax information exchange simply means that in the future, foreign tax residents' account information in China will be collected and submitted to their home country's tax authorities; conversely, the account information of Chinese tax residents abroad will also be collected and submitted to Chinese tax authorities by foreign tax departments. This means that the Chinese tax authorities will be able to obtain information about how much assets high-net-worth individuals have abroad and how much money they have deposited in banks from foreign financial institutions.

 

    The year of CRS implementation has arrived, and the overseas asset information of high-net-worth individuals is becoming increasingly transparent. It is urgent to plan tax residency status and avoid the disclosure of global asset allocation information!

 

    Worldway ImmigrationGroup leverages 21 years of successful professional experience to select high-quality investment immigration projects for investors, assisting them in reasonable overseas asset allocation and tax planning based on their dreams of investment immigration, and diligently safeguarding client interests! We provide meticulous services to help you on the path of "planning life and creating a second home."




Countdown to CRS Implementation! The Era of Asset Exposure Has Arrived

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