TechubNews

Written by: FinTax
News Overview
On January 15, 2026, multiple media reports indicated that the retroactive period for tax residents in mainland China to pay back taxes on overseas income has been extended from previous years, potentially back to 2017 or even 2020. Since 2025, many tax residents have received reminders and notices from tax authorities, urging them to self-audit their domestic and overseas income and file taxes promptly. The scope of tax repayment retroactivity mainly covers the past 3 years, focusing on 2022 and 2023.
On January 16, the relevant department of the State Taxation Administration of China stated that tax authorities will continue to strengthen publicity and guidance on the taxation of residents' overseas income, reminding taxpayers since last year to self-audit income obtained from overseas from 2022 to 2024.
FinTax Brief Commentary
1. Event Interpretation:境

The collaboration between clearing bank ClearBank and digital asset custodian Taurus marks the entry of compliant stablecoins into financial infrastructure, driving a major transformation of payment systems. This will lower cross-border payment costs, improve efficiency, and change the financial ecosystem, while also posing new challenges to central banks' monetary management. The future of the financial system is subtly being reshaped by this partnership.

Although the Federal Reserve signals that rate cuts will remain patient, gold and copper prices are rising against the trend, indicating that the market is pricing in liquidity changes in advance. Historical experience shows that in the early stages of an easing cycle, metal prices are driven by changes in real yields and expectations, while Bitcoin reacts with a lag. The current market pattern seems to be replicating this rule; if real yields continue to decline, the trend in metals may foreshadow a subsequent rise in Bitcoin.

Recently, silver prices have surged strongly, breaking historical records, and abnormal market phenomena have appeared. JPMorgan analysis suggests that the easing of tariff risks and strong demand have driven the increase. However, it warns of risks such as capital outflows and supply slowdown, which could lead to price adjustments. In the long term, silver remains an attractive investment, especially considering inflation factors.

The simultaneous rise of the stock market, gold prices, and silver prices differs from conventional market cycles, indicating that investors are hedging against the risks of the existing financial system. The behavior of institutional investors shows distrust in debt, monetary policy, and geopolitical issues. The market is undergoing a "structural reallocation," with capital being reallocated to prepare for a potential collapse rather than simply chasing upward trends.