Partner Ivy Yang speaks on tax compliance and risk management issues involving HNWIsunder the CRS Regime., covering tax residency rules, identification of offshore income, CRS reporting and exchange mechanisms, and related risks and responses.
On the afternoon of 30 November 2025, the Jiangxi University of Finance and Economics (JUFE) Shanghai Alumni Association’s Finance & Public Administration Chapter and Accounting Chapter jointly hosted an event titled “Tax Compliance and Risk Management Issues Involving High-Net-Worth Individuals under the CRS Regime.” The event was held at Shanghai ForTran Law Firm, with Partner Ivy Yang invited as the keynote speaker.
Focusing on key issues in cross-border tax compliance, Ms. Yang began by outlining the rules governing the identification of tax residency. She then provided a systematic overview of the concept and classification of offshore income.
When turning to the Common Reporting Standard (CRS), Ms. Yang used practical case examples to explain the reporting and information-exchange obligations imposed on financial institutions, and highlighted the tax risks that account holders may face across different jurisdictions. Her analysis helped participants better understand how CRS operates in practice.
In the final section, Ms. Yang addressed risk identification and compliance strategies for high-net-worth individuals within the current regulatory landscape. She summarized the core areas of exposure and shared practical considerations for managing cross-border tax risks.
The session concluded with an active discussion, during which participants engaged Ms. Yang on topics including the reporting of offshore income, CRS implementation issues, and cross-border tax arrangements.
