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.
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GasFeePhobiavip
· 9h ago
Finally, someone dares to say it openly, this move is truly unbeatable. --- 2.4 billion HKD to establish a family office? This guy plays differently. --- Legal tax avoidance VS tax evasion, the difference is really big. --- You're absolutely right. Instead of lying flat and waiting for inspection, it's better to proactively plan. --- CRS is coming, and the gray era is really coming to an end. --- Hong Kong still has cards to play, and there is indeed room for structural design. --- Those who understand tax planning are already taking action. What are you hesitating for? --- This is the kind of awareness Web3 players should have. --- Can't beat policies, so we can only follow them. --- Reasonable planning ≠ tax evasion. This concept needs to be clarified.
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ClassicDumpstervip
· 14h ago
I've already said that compliance is the key to long-term viability, not arguing with you.
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GasFeeCriervip
· 14h ago
Well... to put it simply, you need to find a good shell, the Hong Kong approach is indeed very skilled. --- I've seen it for a long time, as exchanges surrender one by one, the gray area is getting smaller and smaller. --- Setting up a family office with 240 million HKD, now that's smart tax planning, much more comfortable than directly challenging CRS. --- The key is to use your brain, don't just wait foolishly to be investigated. --- That's why wealthy people are studying jurisdictions. --- You're right, instead of fighting, it's better to turn around and find a favorable reporting entity, that's the way to go. --- Wait, so should I consider changing my tax status? I'm a bit tempted... --- Hong Kong's card can still be played, provided you have the money to tinker.
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WalletInspectorvip
· 14h ago
Now it's really impossible to hide. Once CRS is implemented, all countries can see your accounts. Hmm... sounds like just moving money somewhere else and changing your identity to keep playing? The Hong Kong operation of 240 million, whether for tax avoidance or elite privilege, anyway, retail investors like us can't afford to play. So in the end, it's still a game for the wealthy. Terms like structural design and reporting entities just sound exhausting. Stop talking nonsense. Tax authorities have long been watching this area. How long those loopholes can last is really hard to say. Legal is legal. This wave of policy changes indeed marks a new chapter for the wild growth era of the crypto world.
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fomo_fightervip
· 14h ago
I've long seen through it; the gray era has indeed passed. --- HKD 240 million to set up a family office—that's the real game. --- What sounds nice as tax planning is just putting on a different coat. --- Chinese big shots might need to rethink this move. --- CRS is really coming; those days of lying back and making money are truly gone. --- It seems those who understand have already moved to Hong Kong; it's a bit late to react now. --- Legal tax avoidance sounds great, but you need to think carefully about the risk assessment.
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