1/248 0.15-1.77 <font color=red>n</font> 中国富豪的三件套是什么？08-28 22:13:59-08-28 22:14:02<font color=blue>What are the three things that Chinese wealthy people have?</font><br>2/248 2.009-4.41 <font color=red>bg</font> 答案是在开曼群岛注册一家公司，08-28 22:14:00-08-28 22:14:47<font color=blue>The answer is to register a company in the Cayman Islands.</font><br>3/248 4.77-6.45 <font color=red>aaa</font> 持有一个小国的护照，08-28 22:14:00-08-28 22:14:02<font color=blue>Possess a passport from a small country,</font><br>4/248 6.69-8.55 <font color=red>hp</font> 设立一个家族的离岸信托，08-28 22:14:01-08-28 22:14:04<font color=blue>Establish a family trust.</font><br>5/248 8.73-10.17 <font color=red>n</font> 这三件套各司其职啊，08-28 22:14:02-08-28 22:14:04<font color=blue>These three items each have their own function.</font><br>6/248 10.41-11.91 <font color=red>n</font> 境外公司能省税上市，08-28 22:14:03-08-28 22:14:05<font color=blue>Foreign companies can save taxes by going public.</font><br>7/248 12.21-14.07 <font color=red>aaa</font> 外国护照可以随时离境走人。08-28 22:14:03-08-28 22:14:05<font color=blue>Foreign passports can leave the country at any time.</font><br>8/248 14.43-16.29 <font color=red>hp</font> 离岸家族信托保障财产安全。08-28 22:14:04-08-28 22:14:07<font color=blue>Offshore family trust protects assets.</font><br>9/248 16.53-17.07 <font color=red>n</font> 过去二十年，08-28 22:14:05-08-28 22:14:06<font color=blue>Over the past two decades,</font><br>10/248 17.25-18.99 <font color=red>lx</font> 在中国做大做强的民营企业家，08-28 22:14:06-08-28 22:14:36<font color=blue>In China, a successful private entrepreneur.</font><br>11/248 19.17-20.49 <font color=red>n</font> 无论是房地产还是互联网，08-28 22:14:06-08-28 22:14:08<font color=blue>Whether it's real estate or the internet,</font><br>12/248 20.73-24.93 <font color=red>aaa</font> 只要生意做到了海外上市这一步都会不约而同走上这条路。08-28 22:14:07-08-28 22:14:09<font color=blue>Once a business has gone public, it will invariably follow this path.</font><br>13/248 25.23-25.47 <font color=red>n</font> 然而，08-28 22:14:08-08-28 22:14:08<font color=blue>However,</font><br>14/248 25.53-28.11 <font color=red>hp</font> 现在这三件套不太灵光了。08-28 22:14:08-08-28 22:14:12<font color=blue>These three pieces are not very stylish anymore.</font><br>15/248 34.38-35.88 <font color=red>n</font> 二零二六年七月二十四号啊，08-28 22:14:09-08-28 22:14:12<font color=blue>July 24, 2026.</font><br>16/248 36.06-38.88 <font color=red>n</font> 中国财政部发出了第二十一号公告，08-28 22:14:10-08-28 22:14:12<font color=blue>The Ministry of Finance of China issued Announcement No. 21,</font><br>17/248 39.12-40.62 <font color=red>aaa</font> 这份不到三千字的内容，08-28 22:14:10-08-28 22:14:12<font color=blue>This content, which is less than 300 words long,</font><br>18/248 40.92-41.58 <font color=red>de</font> 即插即用。08-28 22:14:12-08-28 22:14:30<font color=blue>Plug and play.</font><br>19/248 41.7-43.14 <font color=red>hp</font> 当日生效文件要求啊，08-28 22:14:12-08-28 22:14:16<font color=blue>The document, which came into effect today, requires...</font><br>20/248 43.44-46.86 <font color=red>n</font> 富人从没交过税的离岸家族信托里的股权增值，08-28 22:14:13-08-28 22:14:17<font color=blue>The equity appreciation in offshore family trusts, where the wealthy have never paid taxes on it.</font><br>21/248 47.16-49.44 <font color=red>aaa</font> 要一次性补交百分之二十的税款。08-28 22:14:14-08-28 22:14:15<font color=blue>Pay the overdue tax in one go.</font><br>22/248 49.62-50.22 <font color=red>n</font> 长期以来啊，08-28 22:14:14-08-28 22:14:16<font color=blue>For a long time,</font><br>23/248 50.46-52.86 <font color=red>aaa</font> 国内富豪圈子流行着一个所谓的神话，08-28 22:14:16-08-28 22:14:18<font color=blue>A so-called myth is circulating in the wealthy circles of China,</font><br>24/248 53.16-55.08 <font color=red>n</font> 那就是不管国内环境怎样，08-28 22:14:16-08-28 22:14:19<font color=blue>That is, no matter what the domestic environment is like.</font><br>25/248 55.2-56.88 <font color=red>hp</font> 只要把资产放进离岸信托，08-28 22:14:17-08-28 22:14:21<font color=blue>As long as the assets are placed in an offshore trust,</font><br>26/248 57.12-58.68 <font color=red>n</font> 这笔钱就算进了保险箱，08-28 22:14:18-08-28 22:14:20<font color=blue>This money, even if it's put in a safe,</font><br>27/248 58.92-59.82 <font color=red>aaa</font> 可以高枕无忧了。08-28 22:14:19-08-28 22:14:20<font color=blue>Now, you can rest assured.</font><br>28/248 59.94-61.86 <font color=red>xss</font> 但是从七月二十四号这天开始啊，08-28 22:14:19-08-28 22:15:31<font color=blue>However, starting from July 24th,</font><br>29/248 62.04-63.18 <font color=red>n</font> 这个神话也破灭了。08-28 22:14:20-08-28 22:14:21<font color=blue>This myth has also been shattered.</font><br>30/248 63.3-65.23 <font color=red>n</font> 这不是针对某某些人的定点清算，08-28 22:19:23-08-28 22:19:25<font color=blue>This is not a targeted crackdown on anyone.</font><br>31/248 65.47-70.09 <font color=red>aaa</font> 而是国内财富版图这几十年来意义最深远的一次规则的重写。08-28 22:14:21-08-28 22:14:24<font color=blue>Instead, it represents the most significant rewriting of rules in China's wealth landscape over decades.</font><br>32/248 70.39-73.03 <font color=red>n</font> 要搞清楚这次新规为什么是重新定义啊，08-28 22:14:22-08-28 22:14:24<font color=blue>To figure out why this new regulation is being redefined,</font><br>33/248 73.09-76.15 <font color=red>hp</font> 现得明白离亚信托是怎么替富豪挡刀的。08-28 22:14:23-08-28 22:14:27<font color=blue>Now I understand how the Asta Trust helps wealthy people evade taxes.</font><br>34/248 76.33-76.69 <font color=red>n</font> 说白了，08-28 22:14:23-08-28 22:14:24<font color=blue>In a nutshell,</font><br>35/248 77.08-80.62 <font color=red>aaa</font> 离岸就是把自己公司的主体和资产注册在本人生活、08-28 22:14:25-08-28 22:14:28<font color=blue>Offshore means registering your company's legal entity and assets under your own personal residence.</font><br>36/248 80.92-82.36 <font color=red>n</font> 经营和纳税以外的地方，08-28 22:14:26-08-28 22:14:28<font color=blue>Aside from operating and paying taxes,</font><br>37/248 82.62-83.7 <font color=red>n</font> 一般就是开曼群岛、08-28 22:14:26-08-28 22:14:28<font color=blue>Generally, it refers to the Cayman Islands.</font><br>38/248 84.06-87.12 <font color=red>hp</font> 英属威尔军群岛和自西岛这种地方有个共同点啊，08-28 22:14:28-08-28 22:14:32<font color=blue>The British Virgin Islands and places like St. Croix have something in common,</font><br>39/248 87.24-88.8 <font color=red>n</font> 就是对财主们非常友好，08-28 22:14:28-08-28 22:14:30<font color=blue>It is very friendly to the wealthy,</font><br>40/248 88.98-89.76 <font color=red>aaa</font> 像公司税啊、08-28 22:14:29-08-28 22:14:30<font color=blue>Like corporate tax,</font><br>41/248 89.94-90.24 <font color=red>n</font> 遗产税，08-28 22:14:29-08-28 22:14:30<font color=blue>Inheritance tax,</font><br>42/248 90.54-91.38 <font color=red>n</font> 还有资本利得税，08-28 22:14:30-08-28 22:14:31<font color=blue>There is also capital gains tax.</font><br>43/248 91.62-92.94 <font color=red>aaa</font> 低到几乎可以忽略不计，08-28 22:14:31-08-28 22:14:32<font color=blue>Almost negligible,</font><br>44/248 93.18-94.02 <font color=red>n</font> 甚至干脆是零。08-28 22:14:32-08-28 22:14:32<font color=blue>Even zero.</font><br>45/248 94.38-98.28 <font color=red>de</font> 离安信托就是把离安的壳套在信托这个工具外头，08-28 22:14:32-08-28 22:15:30<font color=blue>Offshore Trust is simply putting the shell of "offshore" around a trust.</font><br>46/248 98.46-101.34 <font color=red>n</font> 你的资产在离安地受托人也在离安地，08-28 22:14:33-08-28 22:14:35<font color=blue>Your assets are located in the same location as your trustee,</font><br>47/248 101.64-104.64 <font color=red>aaa</font> 整个架构都远离本人生活的司法管辖区。08-28 22:14:33-08-28 22:14:35<font color=blue>The entire architecture is located outside my area of jurisdiction.</font><br>48/248 104.94-105.84 <font color=red>hp</font> 听上去很悬啊，08-28 22:14:34-08-28 22:14:37<font color=blue>It sounds like a mystery.</font><br>49/248 106.08-108.42 <font color=red>n</font> 其实就是分开所有权和受益权。08-28 22:14:35-08-28 22:14:38<font color=blue>In essence, it's about separating ownership and beneficiary rights.</font><br>50/248 108.78-111.48 <font color=red>n</font> 傻小的拉尔胡自顾自通常情况下啊，08-28 22:14:36-08-28 22:14:39<font color=blue>A small, self-absorbed Larhu often thinks to himself...</font><br>51/248 111.6-113.59 <font color=red>aaa</font> 一笔财产是谁谁的就归谁支配，08-28 22:14:36-08-28 22:14:38<font color=blue>Whose property is, belongs to them.</font><br>52/248 113.83-114.55 <font color=red>lx</font> 谁就得负责。08-28 22:14:37-08-28 22:14:45<font color=blue>Who is responsible.</font><br>53/248 114.85-116.47 <font color=red>hp</font> 但信托恰恰相反啊，08-28 22:14:37-08-28 22:14:40<font color=blue>But the trust is exactly opposite.</font><br>54/248 116.65-118.93 <font color=red>n</font> 委托人把财产托付给了受托人，08-28 22:14:38-08-28 22:14:41<font color=blue>The principal entrusts his property to the agent.</font><br>55/248 119.11-121.75 <font color=red>aaa</font> 受托人通常会是一家专业的信托公司。08-28 22:14:39-08-28 22:14:41<font color=blue>The trustee is usually a professional trust company.</font><br>56/248 121.93-122.77 <font color=red>n</font> 从法律上讲啊，08-28 22:14:40-08-28 22:14:41<font color=blue>Legally speaking,</font><br>57/248 122.89-123.91 <font color=red>hp</font> 在完成这步以后，08-28 22:14:41-08-28 22:14:43<font color=blue>After completing this step,</font><br>58/248 124.09-126.07 <font color=red>n</font> 这笔钱就不再归委托人所有，08-28 22:14:42-08-28 22:14:44<font color=blue>This money will no longer belong to the client.</font><br>59/248 126.19-127.75 <font color=red>aaa</font> 而是归受托人支配了。08-28 22:14:42-08-28 22:14:44<font color=blue>Instead, it is under the control of a trustee.</font><br>60/248 127.99-129.91 <font color=red>n</font> 委托人一般只保留受益人的身份。08-28 22:14:43-08-28 22:14:45<font color=blue>The beneficiary is usually only identified by their name.</font><br>61/248 130.15-133.33 <font color=red>hp</font> 这里的受益人就是按照信托契约的规定，08-28 22:14:44-08-28 22:14:49<font color=blue>The beneficiaries are those who, according to the terms of the trust agreement,</font><br>62/248 133.63-135.01 <font color=red>n</font> 定期拿钱的那个人。08-28 22:14:45-08-28 22:14:46<font color=blue>The person who receives money regularly.</font><br>63/248 135.13-137.35 <font color=red>aaa</font> 当然受益人不一定是委托者本身，08-28 22:14:45-08-28 22:14:48<font color=blue>Of course, the beneficiary is not necessarily the person who made the request.</font><br>64/248 137.65-139.45 <font color=red>n</font> 也可以是他指定的其他人。08-28 22:14:46-08-28 22:14:47<font color=blue>It can also be someone he designates.</font><br>65/248 139.63-140.17 <font color=red>lx</font> 比如子女，08-28 22:14:47-08-28 22:15:05<font color=blue>For example, children.</font><br>66/248 140.35-141.61 <font color=red>n</font> 这看起来有点矛盾啊，08-28 22:14:47-08-28 22:14:49<font color=blue>This seems a bit contradictory.</font><br>67/248 141.85-143.3 <font color=red>n</font> 一个人把钱送给别人，08-28 22:14:48-08-28 22:14:49<font color=blue>A person gives money to another.</font><br>68/248 143.66-145.04 <font color=red>bg</font> 反而成了最安全的做法。08-28 22:14:49-08-28 22:15:15<font color=blue>This is the safest approach.</font><br>69/248 145.22-146.96 <font color=red>aaa</font> 但恰恰就是这个送的行为，08-28 22:14:49-08-28 22:14:51<font color=blue>But it's precisely this kind of behavior,</font><br>70/248 147.2-148.94 <font color=red>hp</font> 编织了一张安全的防护网。08-28 22:14:50-08-28 22:14:53<font color=blue>Woven a safe protective net.</font><br>71/248 149.12-149.66 <font color=red>n</font> 你想想看，08-28 22:14:51-08-28 22:14:52<font color=blue>Think about it,</font><br>72/248 149.78-151.88 <font color=red>de</font> 这笔财产既然已经不在你的名下了，08-28 22:14:51-08-28 22:15:14<font color=blue>Since this property is no longer in your possession,</font><br>73/248 152.0-153.74 <font color=red>n</font> 那么以后和配偶离婚的时候，08-28 22:14:52-08-28 22:14:54<font color=blue>So, when I divorce my spouse in the future,</font><br>74/248 153.92-155.06 <font color=red>aaa</font> 自然就分不到这笔钱。08-28 22:14:53-08-28 22:14:54<font color=blue>It's just a matter of natural division.</font><br>75/248 155.24-155.9 <font color=red>n</font> 同样的道理啊，08-28 22:14:53-08-28 22:14:55<font color=blue>The same goes for the other one.</font><br>76/248 156.08-157.4 <font color=red>n</font> 财产不在你公司名下，08-28 22:14:55-08-28 22:14:56<font color=blue>The property is not owned by your company.</font><br>77/248 157.64-159.38 <font color=red>aaa</font> 万一哪天你的公司被人追债，08-28 22:14:55-08-28 22:14:57<font color=blue>In case your company is ever sued by creditors,</font><br>78/248 159.56-162.92 <font color=red>n</font> 被债主向法院申请冻结的时候也一样牵连不到。08-28 22:14:56-08-28 22:14:59<font color=blue>It's the same as when creditors apply to freeze assets.</font><br>79/248 163.1-165.5 <font color=red>n</font> 更觉得啊是这笔钱压根儿就不在中国，08-28 22:14:57-08-28 22:15:01<font color=blue>I think it's more likely that this money never even made it to China.</font><br>80/248 165.68-169.4 <font color=red>hp</font> 而是待在开曼或是某个太平洋璀璨的明珠上，08-28 22:14:58-08-28 22:15:02<font color=blue>Instead, stay in the Cayman Islands or another dazzling gem of the Pacific.</font><br>81/248 169.64-170.9 <font color=red>aaa</font> 适用当地的信托法律。08-28 22:14:58-08-28 22:15:00<font color=blue>Applicable to local trust laws.</font><br>82/248 171.27-172.77 <font color=red>n</font> 国内法院就算判下来，08-28 22:15:00-08-28 22:15:03<font color=blue>If the case is decided by a domestic court,</font><br>83/248 172.95-174.99 <font color=red>aaa</font> 想强制执行也是鞭长莫及。08-28 22:15:01-08-28 22:15:03<font color=blue>Even if you try to force it, it's not effective.</font><br>84/248 175.17-181.29 <font color=red>n</font> 这套防火枪真正让中国富豪们安心的不在于能防配偶劈腿或是债主追债。08-28 22:15:02-08-28 22:15:07<font color=blue>What truly makes wealthy Chinese people feel secure is not the ability to prevent their spouses from cheating or creditors from pursuing them.</font><br>85/248 181.47-184.53 <font color=red>hp</font> 它最大的价值啊是因为过去税务部门摸不着它。08-28 22:15:03-08-28 22:15:07<font color=blue>Its biggest value is that it was previously inaccessible to the tax authorities.</font><br>86/248 184.71-187.23 <font color=red>n</font> 其实中国政府过去并不是不知道这笔钱，08-28 22:15:04-08-28 22:15:07<font color=blue>Actually, the Chinese government was not unaware of this money.</font><br>87/248 187.53-191.44 <font color=red>aaa</font> 因为中国早在二零一五年就加入了 c r s 共同申报准则。08-28 22:15:04-08-28 22:15:07<font color=blue>Because China had already joined the CRS common reporting standard in 2015.</font><br>88/248 191.62-195.52 <font color=red>lx</font> 这是一套全球金融账户涉税信息自动交换的机制。08-28 22:15:05-08-28 22:15:38<font color=blue>This is a mechanism for automatic exchange of tax information related to global financial accounts.</font><br>89/248 195.76-200.8 <font color=red>n</font> 这套机制能让国内税务部门拿到中国税务居民在海外金融账户的资讯。08-28 22:15:07-08-28 22:15:12<font color=blue>This mechanism allows domestic tax authorities to obtain information about the financial accounts of Chinese residents overseas.</font><br>90/248 201.04-202.78 <font color=red>aaa</font> 所以问题从来不是知不知道，08-28 22:15:08-08-28 22:15:10<font color=blue>So the problem is not whether you know or don't know,</font><br>91/248 202.96-206.02 <font color=red>n</font> 而是管不管得到及关键的想不想管，08-28 22:15:09-08-28 22:15:13<font color=blue>Instead, it's about whether to intervene or not, and what the key considerations are.</font><br>92/248 206.32-207.76 <font color=red>hp</font> 只要这笔钱待在海外，08-28 22:15:09-08-28 22:15:12<font color=blue>As long as this money remains overseas,</font><br>93/248 207.88-208.36 <font color=red>aaa</font> 信托不动，08-28 22:15:11-08-28 22:15:12<font color=blue>Trust, not to move.</font><br>94/248 208.54-209.62 <font color=red>de</font> 不会回中国境内，08-28 22:20:12-08-28 22:20:22<font color=blue>Will not return to the Chinese mainland.</font><br>95/248 210.06-213.18 <font color=red>n</font> 那么照过去的税法政府就找不到交税的时间节点。08-28 22:15:12-08-28 22:15:16<font color=blue>Therefore, according to the past tax laws, there is no specific time point for paying taxes.</font><br>96/248 213.36-214.62 <font color=red>aaa</font> 所以对国内富豪来说，08-28 22:15:13-08-28 22:15:14<font color=blue>Therefore, for wealthy individuals in China,</font><br>97/248 214.74-217.2 <font color=red>hp</font> 就等于领到了一张无限期的免税通行证。08-28 22:15:13-08-28 22:15:17<font color=blue>It's like getting an unlimited toll pass.</font><br>98/248 217.44-217.62 <font color=red>n</font> 其实，08-28 22:15:14-08-28 22:15:15<font color=blue>Actually,</font><br>99/248 217.74-221.1 <font color=red>de</font> 美国政府早在二零一零年起就开始推行肥卡法案，08-28 22:15:15-08-28 22:16:41<font color=blue>The U.S. government began implementing the "Fat Card Act" as early as 2010,</font><br>100/248 221.28-224.76 <font color=red>aaa</font> 让全球金融机构交出美国人在海外的资产信息。08-28 22:15:15-08-28 22:15:18<font color=blue>Require global financial institutions to disclose information about U.S. citizens' assets abroad.</font><br>101/248 224.94-230.66 <font color=red>n</font> 而上面提到的 c r s 全球税务信息交换系统参与的国家也超过了一百多个中国。08-28 22:15:16-08-28 22:15:21<font color=blue>And the countries that participate in the CRS global tax information exchange system mentioned above also exceed 100, including China.</font><br>102/248 230.84-232.58 <font color=red>bg</font> 这样做是遵循国际惯例，08-28 22:15:17-08-28 22:15:49<font color=blue>This is in accordance with international conventions.</font><br>103/248 232.88-233.48 <font color=red>n</font> 无可非议。08-28 22:15:17-08-28 22:15:19<font color=blue>Undisputed.</font><br>104/248 233.66-234.86 <font color=red>hp</font> 二零二六年七月二十四号，08-28 22:15:18-08-28 22:15:21<font color=blue>July 24, 2026</font><br>105/248 234.98-236.24 <font color=red>aaa</font> 中国财政部的这份公告，08-28 22:15:19-08-28 22:15:20<font color=blue>This announcement from the Chinese Ministry of Finance,</font><br>106/248 236.42-238.88 <font color=red>n</font> 等于把时间无限期这个窗口给焊死了，08-28 22:15:19-08-28 22:15:23<font color=blue>It's like welding the window shut, making it impossible to open.</font><br>107/248 239.12-240.14 <font color=red>aaa</font> 钻不着他的空子了。08-28 22:15:21-08-28 22:15:22<font color=blue>He's been caught.</font><br>108/248 240.32-241.94 <font color=red>n</font> 他不再等你把钱汇回国内，08-28 22:15:22-08-28 22:15:24<font color=blue>He no longer expects you to transfer the money back home.</font><br>109/248 242.06-242.66 <font color=red>hp</font> 才做数额，08-28 22:15:23-08-28 22:15:24<font color=blue>Amount,</font><br>110/248 242.84-243.32 <font color=red>aaa</font> 开始征税，08-28 22:15:23-08-28 22:15:24<font color=blue>Start collecting taxes,</font><br>111/248 243.68-248.0 <font color=red>n</font> 而是把纳税的关卡迁移到了信托运作的每一个环节。08-28 22:15:24-08-28 22:15:27<font color=blue>Instead, the tax levy is shifted to every stage of trust operation.</font><br>112/248 248.18-250.94 <font color=red>aaa</font> 当你把股权房产装进信托的那刻开始，08-28 22:15:25-08-28 22:15:27<font color=blue>Once you put your equity in real estate into a trust,</font><br>113/248 251.12-254.9 <font color=red>n</font> 税务机关就会认定这是一次需要缴税的财产转让行为，08-28 22:15:25-08-28 22:15:29<font color=blue>The tax authorities will then recognize this as a taxable property transfer transaction.</font><br>114/248 255.02-260.91 <font color=red>hp</font> 就会按照你把财产装入信托那个时刻的市场价值减去最初成本的查额以后，08-28 22:15:26-08-28 22:15:34<font color=blue>After that, the trust will be distributed according to the net amount of your assets after deducting the initial cost from the market value at the time of transfer.</font><br>115/248 261.3-264.9 <font color=red>aaa</font> 按照财产转让所得缴纳百分之二十的所得税。08-28 22:15:27-08-28 22:15:29<font color=blue>Pay 20% of the income tax on property transfer.</font><br>116/248 265.14-267.36 <font color=red>n</font> 如果你把放在信托里的钱买了股票，08-28 22:15:28-08-28 22:15:31<font color=blue>If you put money in a trust and bought stocks,</font><br>117/248 267.54-269.64 <font color=red>n</font> 并且产生了现金分红和股息，08-28 22:15:29-08-28 22:15:31<font color=blue>And generated cash dividends and stock dividends.</font><br>118/248 269.88-273.12 <font color=red>aaa</font> 那么你还得按照百分之二十的税率交纳个人所得。08-28 22:15:30-08-28 22:15:33<font color=blue>Then you still have to pay personal income tax at a rate of 20%.</font><br>119/248 273.36-274.14 <font color=red>de</font> 换句话过去，08-28 22:15:31-08-28 22:15:44<font color=blue>In the past,</font><br>120/248 274.26-276.06 <font color=red>n</font> 中国富人心里的那套小九九，08-28 22:15:31-08-28 22:15:35<font color=blue>The little tricks that rich people use to get more money,</font><br>121/248 276.24-279.94 <font color=red>n</font> 觉得钱只要放在信托不动就安然无恙的逻辑，08-28 22:15:32-08-28 22:15:36<font color=blue>The logic that money is safe as long as it's kept in a trust account,</font><br>122/248 280.06-283.18 <font color=red>xss</font> 从七月二十四号这天开始就已经行不通了。08-28 22:15:33-08-28 22:16:59<font color=blue>From July 24th, it has been out of service.</font><br>123/248 283.3-285.52 <font color=red>aaa</font> 这让我想起了潘世屹和张鑫夫妇。08-28 22:15:34-08-28 22:15:36<font color=blue>This reminds me of the couple Pan Shiyi and Zhang Xin.</font><br>124/248 285.64-286.3 <font color=red>hp</font> 二零零五年啊，08-28 22:15:35-08-28 22:15:38<font color=blue>The year 2005,</font><br>125/248 286.42-292.84 <font color=red>n</font> 夫妻两人在 soho 中国即将在岗上市前夕做了一件被当时很多人看来是神来之笔的操作，08-28 22:15:36-08-28 22:15:42<font color=blue>Before Soho China's IPO, the couple pulled off a move that many people at the time considered to be brilliant.</font><br>126/248 293.08-296.8 <font color=red>n</font> 潘世屹把自己名下股权全部无偿转让给了美国籍的太太。08-28 22:15:36-08-28 22:15:41<font color=blue>Pan Shiyi transferred all of his equity to his American-born wife without any consideration.</font><br>127/248 296.92-297.88 <font color=red>hp</font> 张鑫十一天之后，08-28 22:15:39-08-28 22:15:41<font color=blue>Ten days after Zhang Xin,</font><br>128/248 298.12-300.46 <font color=red>lx</font> 张鑫又把几乎全部股权装进了一个。08-28 22:15:39-08-28 22:16:16<font color=blue>Zhang Xin put almost all the equity into one.</font><br>129/248 300.52-302.08 <font color=red>aaa</font> 在开曼群岛的家族信托里，08-28 22:15:40-08-28 22:15:42<font color=blue>In the family trust of the Cayman Islands,</font><br>130/248 302.26-306.28 <font color=red>n</font> 潘世屹本人从这一刻开始就从公司股权里彻底消失了。08-28 22:15:42-08-28 22:15:45<font color=blue>Pan Shiyi completely disappeared from the company's equity at this moment.</font><br>131/248 306.46-308.99 <font color=red>hp</font> 他甚至自嘲自己是无产阶级身出户，08-28 22:15:42-08-28 22:15:46<font color=blue>He even joked that he was a peasant from the countryside.</font><br>132/248 309.11-311.03 <font color=red>aaa</font> 这个操作才当时被奉为经典。08-28 22:15:43-08-28 22:15:45<font color=blue>This operation was once considered a classic.</font><br>133/248 311.27-312.05 <font color=red>n</font> 二十年过去了，08-28 22:15:44-08-28 22:15:45<font color=blue>Twenty years have passed,</font><br>134/248 312.23-317.51 <font color=red>de</font> soho 中国分红以及资产增值在开曼群岛的信托账户里一直源源不断的滚存，08-28 22:15:45-08-28 22:17:00<font color=blue>The profits and asset appreciation in Soho China have been continuously accumulating in the trust accounts on Cayman Islands.</font><br>135/248 317.69-320.57 <font color=red>aaa</font> 而境内则是零申宝一分钱的水都没交。08-28 22:15:45-08-28 22:15:48<font color=blue>And inside, the Zero-Shenbao has not paid a single penny in water fees.</font><br>136/248 320.75-323.63 <font color=red>n</font> 当年张鑫特意保留美国国籍和香港永居身份。08-28 22:15:46-08-28 22:15:51<font color=blue>In the past, Zhang Xin deliberately kept her American citizenship and Hong Kong permanent residency.</font><br>137/248 323.87-329.45 <font color=red>n</font> 这部在过去二十年看起来天衣无缝的布局也在二十年后被这份公告堵死了。08-28 22:15:47-08-28 22:15:51<font color=blue>This seemingly perfect plan, which has been in place for the past twenty years, was blocked by this announcement.</font><br>138/248 329.63-332.75 <font color=red>hp</font> 过去那种境内境外信息差所带来的安全感，08-28 22:15:47-08-28 22:15:52<font color=blue>The sense of security that came from the information gap between inside and outside.</font><br>139/248 332.87-334.91 <font color=red>aaa</font> 现在基本上已经被彻底抹平了。08-28 22:15:49-08-28 22:15:50<font color=blue>It has basically been completely erased.</font><br>140/248 335.09-335.45 <font color=red>bg</font> 公告说，08-28 22:15:50-08-28 22:16:13<font color=blue>The announcement states that...</font><br>141/248 335.75-336.71 <font color=red>aaa</font> 即便是外国国籍，08-28 22:15:51-08-28 22:15:52<font color=blue>Even if you are a foreigner,</font><br>142/248 336.89-339.84 <font color=red>n</font> 或是已经取得境外长拘留和永居的个人，08-28 22:15:51-08-28 22:15:55<font color=blue>Or individuals who have obtained overseas long-term residence and permanent residency,</font><br>143/248 340.02-342.54 <font color=red>n</font> 只要经济利益来源仍在中国境内一样，08-28 22:15:52-08-28 22:15:55<font color=blue>As long as the source of economic benefits remains within China,</font><br>144/248 342.72-344.52 <font color=red>hp</font> 可以被视作有住所的居民。08-28 22:15:53-08-28 22:15:57<font color=blue>Can be considered as residents with a fixed residence.</font><br>145/248 344.64-344.88 <font color=red>aaa</font> 个人。08-28 22:15:54-08-28 22:15:54<font color=blue>Individual.</font><br>146/248 345.12-345.48 <font color=red>aaa</font> 说白了，08-28 22:15:55-08-28 22:15:56<font color=blue>In simple terms,</font><br>147/248 345.72-351.3 <font color=red>de</font> 只要你的公司主要收入和核心资产在中国在税务上就会被认定为中国居民。08-28 22:20:56-08-28 22:21:31<font color=blue>As long as your company's main income and core assets are in China, it will be considered a Chinese resident for tax purposes.</font><br>148/248 351.56-353.27 <font color=red>n</font> soho 张鑫的确是美国护照，08-28 22:15:56-08-28 22:15:58<font color=blue>Soho, Zhang Xin definitely has a US passport.</font><br>149/248 353.45-355.73 <font color=red>aaa</font> 可 soho 中国的核心资产和主要收入来源。08-28 22:15:57-08-28 22:16:00<font color=blue>Soho China is the core asset and main source of income for SoHo.</font><br>150/248 355.97-358.38 <font color=red>hp</font> 过去二十年从来没有离开过中国，08-28 22:15:58-08-28 22:16:02<font color=blue>I haven't left China in the past twenty years.</font><br>151/248 358.56-359.28 <font color=red>n</font> 有媒体估算啊，08-28 22:15:59-08-28 22:16:01<font color=blue>According to some media estimates,</font><br>152/248 359.46-362.94 <font color=red>n</font> 潘世屹一家这次要补交的税款在二十亿到三十亿元，08-28 22:15:59-08-28 22:16:05<font color=blue>Pan Shiyi's family had to pay back taxes ranging from 20 billion to 30 billion.</font><br>153/248 363.0-365.81 <font color=red>aaa</font> 人甜笔时间加上其他潜在的收益和滞纳金，08-28 22:16:01-08-28 22:16:03<font color=blue>The time spent writing, plus any potential profits and losses,</font><br>154/248 365.99-368.96 <font color=red>n</font> 有人估计潘世屹甚至要交七十亿。08-28 22:16:01-08-28 22:16:05<font color=blue>Some estimates suggest that Pan Shiyi may have to pay up to 7 billion.</font><br>155/248 369.14-373.52 <font color=red>hp</font> 前几天被深圳市中级人民法院公开宣判的许佳印在恒大暴雷一前，08-28 22:16:03-08-28 22:16:10<font color=blue>A few days ago, Xu Jia-yin, who was publicly judged by the Shenzhen Intermediate People's Court before the Hantian Group went bankrupt,</font><br>156/248 373.7-380.12 <font color=red>aaa</font> 其实就已经在美国的特拉华州给自己的两个儿子设立了一笔价值二十三亿美元的离案家族信托。08-28 22:16:04-08-28 22:16:07<font color=blue>In fact, he had already established a family trust worth $23 billion in Delaware, USA, for his two sons.</font><br>157/248 380.42-383.3 <font color=red>n</font> 结果恒大一倒香港高等法院一致判决，08-28 22:16:06-08-28 22:16:10<font color=blue>The result is that the Hong Kong High Court has issued a unanimous verdict,</font><br>158/248 383.6-387.62 <font color=red>n</font> 直接把这笔境外信托也一起划进了清算接管的范围。08-28 22:16:06-08-28 22:16:10<font color=blue>Include this foreign trust in the scope of liquidation and takeover directly.</font><br>159/248 387.86-388.94 <font color=red>aaa</font> 所以在法院眼里啊，08-28 22:16:08-08-28 22:16:09<font color=blue>In the eyes of the court,</font><br>160/248 389.24-391.88 <font color=red>aaa</font> 信托这道防火墙也并非不可穿透。08-28 22:16:10-08-28 22:16:11<font color=blue>This firewall is not impenetrable.</font><br>161/248 392.06-395.3 <font color=red>n</font> 富有戏剧性的一幕还发生在娃哈哈的宗富利身上。08-28 22:16:11-08-28 22:16:14<font color=blue>A dramatic scene also occurred with Zongfuli from Wahaha.</font><br>162/248 395.54-396.44 <font color=red>n</font> 他老爹踪庆后，08-28 22:16:11-08-28 22:16:13<font color=blue>After his father's passing,</font><br>163/248 396.56-398.0 <font color=red>hp</font> 在二零二四年二月去世之前，08-28 22:16:12-08-28 22:16:16<font color=blue>Before his death in February 2024,</font><br>164/248 398.37-401.91 <font color=red>aaa</font> 原本计划为三个非婚生子女每人设立一笔七亿美元，08-28 22:16:13-08-28 22:16:16<font color=blue>The original plan was to set aside $7 million for each of the three children who were not born from marriage.</font><br>165/248 402.09-404.61 <font color=red>bg</font> 总计二十一亿美元的不动本信托。08-28 22:16:13-08-28 22:17:00<font color=blue>Total of twenty-one billion dollars in real estate trust.</font><br>166/248 404.85-406.349 <font color=red>n</font> 可还没等这个手续走完，08-28 22:16:14-08-28 22:16:16<font color=blue>But before this procedure was completed,</font><br>167/248 406.71-407.85 <font color=red>n</font> 老宗就去世了。08-28 22:16:15-08-28 22:16:16<font color=blue>Old Zong has passed away.</font><br>168/248 408.14-410.09 <font color=red>lx</font> 这二十一亿美元里的十八亿，08-28 22:16:16-08-28 22:16:48<font color=blue>Eighteen out of the twenty-one billion dollars.</font><br>169/248 410.27-414.35 <font color=red>n</font> 目前在法律上挂在一家叫建浩创投的离安公司名下。08-28 22:16:18-08-28 22:16:21<font color=blue>Currently, it is legally registered under the name of Jianhao Investment's subsidiary.</font><br>170/248 414.59-417.59 <font color=red>aaa</font> 这家公司的唯一股东和董事就是宗富利。08-28 22:16:18-08-28 22:16:20<font color=blue>The only shareholder and director of this company is Zhong Fuli.</font><br>171/248 417.77-418.19 <font color=red>n</font> 也就是说，08-28 22:16:19-08-28 22:16:20<font color=blue>That is to say,</font><br>172/248 418.37-419.57 <font color=red>aaa</font> 这笔钱在法律意义上，08-28 22:16:21-08-28 22:16:22<font color=blue>This money is legally,</font><br>173/248 419.81-421.79 <font color=red>n</font> 连一个正式信托都还算不上。08-28 22:16:21-08-28 22:16:24<font color=blue>It's not even a formal trust.</font><br>174/248 421.91-425.99 <font color=red>n</font> 所以这才有了三个同父异母的弟弟妹妹和宗富利打官司的室友，08-28 22:16:22-08-28 22:16:29<font color=blue>Therefore, there were only three siblings and a roommate who had the same father but different mothers, and they all went to court against each other.</font><br>175/248 426.23-428.57 <font color=red>hp</font> 他们争的就是这笔钱该如何定性，08-28 22:16:23-08-28 22:16:27<font color=blue>They are arguing about how to define this amount of money.</font><br>176/248 429.08-430.4 <font color=red>aaa</font> 到底是该宗福丽支配，08-28 22:16:23-08-28 22:16:25<font color=blue>Who should be the master of this property?</font><br>177/248 430.64-433.16 <font color=red>n</font> 还是按照老父亲的遗愿走完信托流程？08-28 22:16:25-08-28 22:16:29<font color=blue>Should I follow my late father's wishes and complete the trust process?</font><br>178/248 433.4-436.22 <font color=red>aaa</font> 这起案子刚好撞上了财政部第二十一号，08-28 22:16:26-08-28 22:16:28<font color=blue>This case happened to coincide with the 21st fiscal year.</font><br>179/248 436.4-437.3 <font color=red>hp</font> 公告里的一条规定，08-28 22:16:28-08-28 22:16:30<font color=blue>A regulation in the announcement,</font><br>180/248 437.48-440.0 <font color=red>aaa</font> 就是无论这笔信托有没有正式设立完成，08-28 22:16:28-08-28 22:16:30<font color=blue>Whether this trust has been formally established or not,</font><br>181/248 440.24-442.04 <font color=red>n</font> 只要财产进入了离案架构，08-28 22:16:29-08-28 22:16:32<font color=blue>As soon as the property enters into the estate,</font><br>182/248 442.28-444.14 <font color=red>n</font> 就可能触发纳税义务。08-28 22:16:30-08-28 22:16:32<font color=blue>This may trigger tax obligations.</font><br>183/248 444.26-445.34 <font color=red>hp</font> 而且公告还明确啊，08-28 22:16:31-08-28 22:16:33<font color=blue>And the announcement is clear,</font><br>184/248 445.58-448.58 <font color=red>aaa</font> 哪怕个人通过别人或其他组织转移财产，08-28 22:16:31-08-28 22:16:33<font color=blue>Even if a person transfers property through another or other organizations,</font><br>185/248 448.76-449.96 <font color=red>n</font> 但只要财产失控，08-28 22:16:32-08-28 22:16:35<font color=blue>But as long as the property is out of control,</font><br>186/248 450.08-450.56 <font color=red>n</font> 人还是你，08-28 22:16:33-08-28 22:16:34<font color=blue>It's you,</font><br>187/248 450.86-452.36 <font color=red>hp</font> 那么一样视同你本人。08-28 22:16:34-08-28 22:16:37<font color=blue>Then, it's like you are yourself.</font><br>188/248 452.48-454.16 <font color=red>aaa</font> 把财产装入离案架构。08-28 22:16:34-08-28 22:16:36<font color=blue>Place the assets in a separate account.</font><br>189/248 454.46-457.22 <font color=red>n</font> 如果香港高等法院最后认定这笔信托无效，08-28 22:16:35-08-28 22:16:39<font color=blue>If the Hong Kong Court of Final Appeal ultimately rules that this trust is invalid,</font><br>190/248 457.4-462.99 <font color=red>n</font> 这十八亿美元就要全部算作宗富丽个人未完税收入补交个人所得税。08-28 22:16:36-08-28 22:16:42<font color=blue>The $18 million will be treated as Mr. Zong's unpaid income tax, which he must pay personally.</font><br>191/248 463.38-464.37 <font color=red>aaa</font> 有人粗略估计过啊，08-28 22:16:36-08-28 22:16:38<font color=blue>I've heard that someone has made a rough estimate,</font><br>192/248 464.61-466.11 <font color=red>hp</font> 至少是二十四亿人民币。08-28 22:16:38-08-28 22:16:41<font color=blue>At least 2.4 billion RMB.</font><br>193/248 466.37-469.55 <font color=red>aaa</font> 从二零二六年七月二十四日公告颁布生效之日起，08-28 22:16:39-08-28 22:16:42<font color=blue>From the effective date of the announcement on July 24, 2026.</font><br>194/248 469.73-471.65 <font color=red>n</font> 到今年十月二十一日的九十天里，08-28 22:16:40-08-28 22:16:43<font color=blue>In the 90 days from October 21st to this year,</font><br>195/248 471.95-475.01 <font color=red>de</font> 只要主动申报补交二零二三年以来所欠的税款，08-28 22:16:42-08-28 22:17:32<font color=blue>As long as you proactively declare and pay the taxes owed since 2023,</font><br>196/248 475.19-476.45 <font color=red>hp</font> 就可以不收滞纳金。08-28 22:16:42-08-28 22:16:45<font color=blue>You can waive the late fee.</font><br>197/248 476.7-478.35 <font color=red>n</font> 但如果错过了这个创口期，08-28 22:16:43-08-28 22:16:45<font color=blue>But if you miss this window of opportunity,</font><br>198/248 478.77-481.54 <font color=red>aaa</font> 等待你的就是每天万分之五的滞纳金。08-28 22:16:43-08-28 22:16:46<font color=blue>What awaits you is a daily 5% late fee.</font><br>199/248 481.88-484.52 <font color=red>n</font> 折合年化高达百分之十八点二五，08-28 22:16:44-08-28 22:16:47<font color=blue>Equivalent to an annual average of 18.25%,</font><br>200/248 484.76-487.76 <font color=red>n</font> 金额巨大的还可能面临最多五倍的罚款，08-28 22:16:46-08-28 22:16:49<font color=blue>The amount of money can also face a maximum penalty five times the original.</font><br>201/248 487.88-489.77 <font color=red>hp</font> 且追溯年限无限延伸。08-28 22:16:46-08-28 22:16:49<font color=blue>And the time span is unlimited.</font><br>202/248 489.95-490.49 <font color=red>aaa</font> 据统计啊，08-28 22:16:47-08-28 22:16:48<font color=blue>According to statistics,</font><br>203/248 490.73-496.07 <font color=red>n</font> 二零二三年中国高净值人群存在离岸信托里的钱高达两千亿美金，08-28 22:16:48-08-28 22:16:55<font color=blue>In 2023, the amount of money held in offshore trusts by high-net-worth individuals in China reached two trillion US dollars.</font><br>204/248 496.25-498.23 <font color=red>aaa</font> 大约折合人民币一点四万亿。08-28 22:16:48-08-28 22:16:50<font color=blue>Approximately 1.4 trillion yuan.</font><br>205/248 498.44-499.58 <font color=red>lx</font> 时间又过去了几年。08-28 22:16:49-08-28 22:16:57<font color=blue>Years have passed.</font><br>206/248 499.82-501.38 <font color=red>hp</font> 根据市场机构最新的测算，08-28 22:16:50-08-28 22:16:54<font color=blue>According to the latest estimates from a market research agency,</font><br>207/248 501.62-505.04 <font color=red>n</font> 这个价值到二零二六年大概约为二点三万亿。08-28 22:16:51-08-28 22:16:55<font color=blue>The value is expected to reach around 2.3 trillion in 2026.</font><br>208/248 505.22-507.44 <font color=red>aaa</font> 到二点七万亿元人民币之间，08-28 22:16:51-08-28 22:16:53<font color=blue>Between 2.7 trillion and 3 trillion yuan,</font><br>209/248 507.68-509.0 <font color=red>aaa</font> 这里再补充一个信息啊，08-28 22:16:54-08-28 22:16:55<font color=blue>Here's another piece of information,</font><br>210/248 509.18-513.08 <font color=red>hp</font> 就是信托是分为可撤销和不可撤销两种的，08-28 22:16:55-08-28 22:16:58<font color=blue>Trusts are divided into revocable and irrevocable types.</font><br>211/248 513.26-515.36 <font color=red>n</font> 可撤销信托就是委托人保留，08-28 22:16:55-08-28 22:16:59<font color=blue>Revocable trust is a type of trust where the grantor retains control and can modify or terminate it at any time.</font><br>212/248 515.48-516.2 <font color=red>n</font> 随时可以撤销，08-28 22:16:56-08-28 22:16:58<font color=blue>Can be undone at any time.</font><br>213/248 516.32-517.04 <font color=red>aaa</font> 把钱收回来，08-28 22:16:57-08-28 22:16:58<font color=blue>Get the money back,</font><br>214/248 517.22-518.54 <font color=red>lx</font> 说白了就是可以随时返悔。08-28 22:16:58-08-28 22:17:33<font color=blue>In simple terms, it means you can cancel at any time.</font><br>215/248 518.66-522.62 <font color=red>aaa</font> 这在法律上啊就会被视作没有真正完成财产所有权的转移。08-28 22:16:59-08-28 22:17:01<font color=blue>This would then be considered legally as not having truly completed the transfer of property ownership.</font><br>216/248 522.84-528.21 <font color=red>n</font> 所以这种信托是躲不过债主和法院的一告一个准不可撤销信托就是委托人。08-28 22:16:59-08-28 22:17:06<font color=blue>Therefore, this type of trust is an irrevocable and unchallengeable one that cannot be revoked by creditors or the court. It's a trustee-controlled trust.</font><br>217/248 528.45-529.59 <font color=red>hp</font> 一旦把财产装进去，08-28 22:17:00-08-28 22:17:03<font color=blue>Once the property is loaded,</font><br>218/248 529.71-532.53 <font color=red>xss</font> 就彻底放弃了这笔财产的控制权和撤销权，08-28 22:17:01-08-28 22:18:19<font color=blue>Completely relinquish control and revocation rights of this property.</font><br>219/248 532.77-534.63 <font color=red>n</font> 也就是真的把钱给了受托人。08-28 22:17:01-08-28 22:17:04<font color=blue>That is, actually giving money to the trustee.</font><br>220/248 534.81-536.13 <font color=red>de</font> 因为这种放弃不可逆，08-28 22:17:02-08-28 22:17:21<font color=blue>Because this is irreversible,</font><br>221/248 536.43-538.65 <font color=red>bg</font> 所以才能真正建立起到防过墙，08-28 22:17:03-08-28 22:17:49<font color=blue>Therefore, it can truly establish a defense against the wall.</font><br>222/248 538.95-541.77 <font color=red>aaa</font> 做到离婚不分钱和财产不牵连。08-28 22:17:03-08-28 22:17:05<font color=blue>Achieve a divorce without dividing assets and property.</font><br>223/248 541.95-542.97 <font color=red>hp</font> 所以过去二十年啊，08-28 22:17:04-08-28 22:17:07<font color=blue>So, over the past twenty years...</font><br>224/248 543.15-547.11 <font color=red>n</font> 中国的顶级富豪们清一色用的都是不可撤销信托。08-28 22:17:05-08-28 22:17:08<font color=blue>The top wealthy people in China are all using irrevocable trusts.</font><br>225/248 547.23-548.97 <font color=red>aaa</font> 可财政部这份二十一号公告，08-28 22:17:06-08-28 22:17:08<font color=blue>According to the Ministry of Finance's announcement on 21st,</font><br>226/248 549.21-550.65 <font color=red>n</font> 连这条路都给你堵死了。08-28 22:17:07-08-28 22:17:09<font color=blue>You've blocked this road for me.</font><br>227/248 550.83-553.48 <font color=red>hp</font> 因为公告走的是实质大于形式的原则，08-28 22:17:08-08-28 22:17:12<font color=blue>Because the notice follows a principle of substance over form,</font><br>228/248 553.72-556.96 <font color=red>n</font> 即无论你的信托契约是可撤销还是不可撤销的，08-28 22:17:08-08-28 22:17:11<font color=blue>Whether your trust agreement is revocable or irrevocable,</font><br>229/248 557.2-559.54 <font color=red>aaa</font> 只要你还掌握着这笔财产的控制权，08-28 22:17:09-08-28 22:17:11<font color=blue>As long as you still have control over this asset,</font><br>230/248 559.78-562.0 <font color=red>n</font> 那么就仍被视为税务居民。08-28 22:17:10-08-28 22:17:12<font color=blue>Therefore, they are still considered tax residents.</font><br>231/248 562.4-564.92 <font color=red>aaa</font> 无论是通过担任离岸公司董事的方式，08-28 22:17:11-08-28 22:17:13<font color=blue>Whether through serving as a director of an offshore company,</font><br>232/248 565.1-567.2 <font color=red>n</font> 或是私下写一封我的意思，08-28 22:17:12-08-28 22:17:13<font color=blue>Write a private message to me,</font><br>233/248 567.32-567.8 <font color=red>hp</font> 你懂的。08-28 22:17:13-08-28 22:17:15<font color=blue>I understand.</font><br>234/248 568.04-569.96 <font color=red>n</font> 这类意愿书的方式暗地遥控，08-28 22:17:13-08-28 22:17:16<font color=blue>This type of application is done remotely, in secret.</font><br>235/248 570.2-572.18 <font color=red>aaa</font> 只要这笔财产还是你说了算。08-28 22:17:14-08-28 22:17:16<font color=blue>As long as this property is still under your control.</font><br>236/248 572.42-574.54 <font color=red>n</font> 那么不可撤销信托这个事儿，08-28 22:17:15-08-28 22:17:17<font color=blue>So, the irrevocable trust is a matter of...</font><br>237/248 574.66-577.48 <font color=red>hp</font> 在税务机关的眼里就当没有发生。08-28 22:17:15-08-28 22:17:20<font color=blue>In the eyes of tax authorities, it's as if nothing happened.</font><br>238/248 577.84-578.44 <font color=red>aaa</font> 过去二十年，08-28 22:17:16-08-28 22:17:17<font color=blue>Over the past two decades,</font><br>239/248 578.83-581.65 <font color=red>n</font> 中国富豪们认为规则是有缝隙可端的，08-28 22:17:17-08-28 22:17:20<font color=blue>Chinese tycoons believe that the rules have loopholes,</font><br>240/248 581.77-583.45 <font color=red>n</font> 但现在游戏规则变了，08-28 22:17:18-08-28 22:17:20<font color=blue>But now the rules of the game have changed.</font><br>241/248 583.7-585.62 <font color=red>aaa</font> 只要你的钱扎根在中国的土壤，08-28 22:17:18-08-28 22:17:21<font color=blue>As long as your money is rooted in the soil of China,</font><br>242/248 585.96-587.73 <font color=red>n</font> 那么你就要履行纳税义务。08-28 22:17:21-08-28 22:17:23<font color=blue>Then you have to fulfill your tax obligations.</font><br>243/248 588.05-593.37 <font color=red>hp</font> 这或许才是二零二六年这场信托风暴所带来的最震撼的一刻吧。08-28 22:17:22-08-28 22:17:27<font color=blue>This might be the most shocking moment of this trust storm in 2026.</font><br>244/248 593.67-594.21 <font color=red>aaa</font> 嚣章不生事，08-28 22:17:22-08-28 22:17:23<font color=blue>No incidents occurred.</font><br>245/248 594.45-595.05 <font color=red>de</font> 简约不简单。08-28 22:17:23-08-28 22:17:35<font color=blue>Simple but not simple.</font><br>246/248 595.29-595.77 <font color=red>n</font> 感谢收看，08-28 22:17:24-08-28 22:17:25<font color=blue>Thank you for watching.</font><br>247/248 596.01-596.67 <font color=red>n</font> 立刻九分钟，08-28 22:17:24-08-28 22:17:25<font color=blue>9 minutes, immediately.</font><br>248/248 596.85-597.86 <font color=red>aaa</font> 我们下期见。08-28 22:17:25-08-28 22:17:26<font color=blue>See you next time.</font><br>