The article "Do Individual Overseas Income Tax Circles and Investors in the US and Hong Kong Stocks Need to Be Worried About Tax Inspections in Multiple Regions of China" (by FinTax) focuses on the situation of individual overseas income tax inspections in multiple regions of China. It points out that in March 2025, tax authorities in Hubei, Shandong, Shanghai, and Zhejiang will carry out centralized inspections on the declaration of overseas income by domestic residents, showing the characteristics of expanding the inspection objects to the middle class group and coordinating and complementing the inspection scope. The article provides a detailed introduction to China's taxation principles for residents' overseas income, including taxpayer identification, taxable income scope, and specific taxation methods for investment income in US and Hong Kong stocks. At the same time, the possibility of taxation for Web3 practitioners was discussed, such as the controversial points in the tax treatment of encrypted assets and the potential focus of Web3's overseas earnings as a key inspection target. Finally, Web3 practitioners are reminded to truthfully declare taxes and prevent risks, emphasizing that US stock, Hong Kong stock, and Web3 investors should pay attention to cross-border income declaration compliance issues. read the whole passage: https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=47&id=42284