Prudential shares tumble on report China will tax offshore insurance returns | live
By Danilo Masoni and Alun John Aug 5 (Reuters) - Shares in insurer Prudential fell as much as 13% on Wednesday after Caixin reported Chinese mainland tax authorities have started levying personal income tax on returns from offshore insurance policies, the latest sign of greater scrutiny of offshore investments.
By Danilo Masoni and Alun John Aug 5 (Reuters) - Shares in insurer Prudential fell as much as 13% on Wednesday after Caixin reported Chinese mainland tax authorities have started levying personal income tax on returns from offshore insurance policies, the latest sign of greater scrutiny of offshore investments.
What's Your Reaction?
