Odaily Planet Daily News: Recently, many individuals engaged in U.S. stock trading have received reminders from local tax authorities, urging them to self-check for any foreign income and to voluntarily declare and pay taxes. Most of the clients requested to declare have assets exceeding one million dollars. The local tax authorities' actions to recover taxes on foreign income have been ongoing for a year, primarily focusing on foreign investment income, such as interest and dividends. Most of the recoveries mentioned are for income from 2022 to 2024, with no cases observed where the recovery period exceeds five years. It is reported that Liang Shuang (pseudonym), a client manager at a financial institution in Hong Kong serving high-net-worth clients, confirmed to Caixin that many of his clients have already received self-check notifications from the tax authorities, requiring them to declare income and profits from foreign bank or brokerage accounts from 2022 to 2024. Most of the clients requested to declare have assets exceeding one million dollars, and these clients come from places like Beijing and Shanxi. (Caixin)