China’s New Trust Tax Rules: What Does It Mean for PPLI?

Podcast: Offshore Tax with HTJ.tax · htjtax

Opublikowano: 2026-10-06

China’s New Trust Tax Rules: What Does It Mean for PPLI? China’s new offshore-trust rules raise an important question for advisers working with Chinese-resident clients and Private Placement Life Insurance (PPLI): Does a life-insurance wrapper remain outside the new offshore-trust tax regime simply because it is legally an insurance policy rather than a trust? The answer requires more nuance than either “yes” or “no.” The starting point is that CRS classification and Chinese domestic tax classification are separate questions. 1. Why PPLI has traditionally been analysed through CRS Under...