Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
The era of taxation in the crypto world has begun. Major leading exchanges are actively participating in CRS cross-border account information exchange, which means that the once gray areas are gradually becoming transparent. Simply avoiding compliance is no longer an option, especially when governments are tightening their fiscal policies; tax investigations akin to house searches are becoming commonplace.
But this doesn't mean there are no solutions. Tax planning has always existed. The key is to use legal methods to change the tax status of the reporting entity.
Why would someone choose to establish a single-family office in Hong Kong with an investment of 240 million HKD? It's for this reason. Hong Kong's favorable tax conditions and the flexibility in arranging CRS reporting entities are available. Instead of passively being targeted, it's better to take proactive measures—by designing a reasonable structure and effectively utilizing existing policy advantages.
In other words: properly planning the CRS reporting entity allows you to live more comfortably in the age of information exchange.