HONG KONG -- China is prodding its citizens to pay taxes on overseas investment gains, as authorities harness the power of big data to close gaps in enforcement.
Wealth Management
Inside China's data-driven hunt for taxes on overseas gains
Rich told to self-assess and pay up, boosting local coffers but risking exodus
Chinese tax authorities are harnessing the power of big data to step up enforcement and collect levies on offshore gains. (Nikkei montage/Source photo by Akira Kodaka)
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