Introduction to "Offshore Trust"
"Offshore Trust" draws on two real cases of the Wahaha Heritage Trust dispute and JD. Com's listed offshore equity trust, telling the story of the ups and downs of domestic entrepreneurs' overseas family trusts in parallel. Industrial giant Lin Wangshan plans to set up a tens of billions of offshore inheritance trusts, and the overseas funds will be deposited in the BVI shell company for a long time. The asset delivery has not been completed for a long time. After the sudden change, his children started a cross-border inheritance war in the Hong Kong High Court. Internet founder Jiang Qiming set up a Cayman trust before his company went public in the United States, trying to isolate marriage risks and preserve family equity. Just when everyone firmly believes that offshore trusts are a haven for wealth, new personal tax regulations for offshore trusts have been officially introduced, making the tax planning model that was common in the past completely invalid. The book completely restores the practical processes of trust negotiation, structure construction, asset injection, etc., Tears away the veil of one-sided propaganda by financial intermediaries, and faces real-life problems such as CRS information exchange, Sino-US double taxation, cross-border litigation, and huge tax burdens. Two mainstream trust schemes have fallen into trouble one after another, profoundly revealing that there is no once-and-for-all wealth safe, and the offshore fantasy weaved by relying on regulatory gaps will eventually face the liquidation of the rules of the times.
