CPA Insights
In-depth firm perspective and planning strategy: estate freezes, cross-border structures and complex cases — published after CPA review.
China's Offshore Trust IIT Rules Land: Look-Through Taxation Arrives for Cross-Border Wealth Structures
MOF/STA Announcement No. 21 of 2026 sets out China's first systematic individual income tax regime for offshore trusts: funding a trust can be a deemed disposition, income accruing inside the structure may be reportable annually on a look-through basis (CFC/PFIC/FAPI-style anti-deferral), and loans or paid expenses can be deemed distributions. With practical notes on China–Canada–US mismatch and the 90-day catch-up window.
IRS Circular 230 AI Guidance: Compliance Risks for Tax Pros and Cross-Border Filers
IRS OPR's June 2026 guidance applies Circular 230 to AI use. Learn compliance risks for tax pros and cross-border filers.
Frequently asked
How is this section different from the others?
CPA Insights are original, in-depth firm analysis and planning views — each is reviewed and signed off by a CPA before publishing.
Can I rely on these articles as tax advice?
No — all content is general information and not advice for your specific situation; consult a licensed CPA for your own case.