Enterprises' Overseas Production And Operation Of Tax Policy Studies

In the late 1990s, our government put forward the stratagem of "going out", for inverting "come in" to the integration of "coming in" and "going out". The stratagem of " going out" is essential for the economic globalization, facing the challenge from transnational corporations and utilizing resource abroad as well as the development of companies operating abroad. Since the reform and open policy, the opening up level of our country economy to foreign countries has been enhanced. More and more enterprises go out to produce and operate and some companies have obtained very good results. However, there still have many problems existing. Thus, in order to encourage more enterprises to develop beyond the border as well as solve the new problems facing by enterprises in the process of going out, the foreign open policy needs to be adjusted. Among many policies, the tax policy has strong influence in our country enterprises' development beyond the border. Quite a number of companies operating abroad have problems in the export drawback, income tax beyond the border. These problems cannot be solved by the current tax policy. Thus, in the dynamic international competition environment, how can we adjust and perfect our tax policy, especially export drawback and income tax beyond the border within the frame of WTO and how to utilize tax policy to guide and support our companies to develop abroad, are significant for advancing our companies' competition power around the world. Therefore, studying on these topics is full of meaning in both theory and practice aspects.On the basis of relevant theories existed, this paper tries to analyze the advantages and disadvantages of the current tax policies. After analyzing corresponding international experience, this paper provided further tax measures, considering the facts of our economy and social development. In all, after brief introducing writing background and the framework of this paper, this study began with the general problem analysis. After defining the meaning of produce and operation abroad, the first chapter discussed the necessity from the angles of companies and our country and then pointed out the importance to encourage companies. The second part is theory analyzing about the relevance between taxation and company producing and operating abroad, including tax's role in company's producing and operation as well as the effect of tax policy of deducting international double taxation on company's producing and operating abroad. For the third part, it is about the current tax policies of our country, including the current policies as well as main problems existing. The fourth part illustrated some international experience and particular policies, which are helpful for perfecting our tax policies. The specific advice was provided in the last chapter.