China tax authorities probe Hong Kong MPF accounts of SCMP journalists

China's tax enforcement campaign, previously targeting offshore trusts of the super-rich, has expanded to include Hong Kong-based journalists' Mandatory Provident Fund (MPF) accounts. Several SCMP staff have been contacted by tax officials, signaling a broadening of scrutiny beyond high-net-worth individuals. This marks a notable escalation in Beijing's cross-border tax enforcement reach into Hong Kong's financial system.