Analysis: There are frequent notices of tax refunds for trading Hong Kong and US stocks, but the legal aspect of taxing overseas income is not sudden

Odaily Planet Daily News: Since March this year, many Chinese residents who have invested in Hong Kong and US stocks have received notices from local tax authorities, prompting them to self-check their personal income at home and abroad and file tax returns in a timely manner. On social platforms, some taxpayers posted that they had completed the personal income tax payment for cross-border investment income at a 20% tax rate before June 30. China's global taxation has always had a legal basis. However, it is understood that compared with previous years, this year's related tax payment and tax payment notices are more intensive and cover a wider range than in previous years, and the notification forms include text messages, phone calls, etc. (Zhitong Finance)