Research On Tax Planning Of Going-out Enterprises In The Background Of "the Belt And Road Initiative"

With the deepening of participation in the global economic integration,Chinese enterprises have made leap-forward development of foreign investment and cooperation,"going-out" enterprises continue to increase.In 2013,President Xi Jinping put forward the strategic concept of “The Belt and Road Initiative”(building " the Silk Road Economic Belt" and "the 21 st Century Maritime Silk Road"),and encouraging enterprises to invest overseas is a strategic economic decision in China.The economic globalization has made the international investment environment complex and changeable,especially on the tax environment."Going-out" companies will face much more tax issues than simply doing domestic business.The tax planning,which includes investment structuring,deals planning and financing,is one of the key factors in business operation.Because of the general lack of international management experience,Chinese enterprises don't have a well developed tax management system and a full understanding of tax policy.Therefore,how to proceed tax planning scientifically and reasonably has become a challenge to Chinese “going-out” enterprises.Based on the above considerations,this paper discusses the tax planning problems of Chinese “going-out” enterprises.Firstly,based on the theory of international tax planning,the paper introduces the basic strategy of tax planning,such as ownership structure,thin Capitalization,transfer pricing,and the use of Tax Agreements.Secondly,taking S Company as a model,the paper analyzes the specific application of S overseas investment tax planning.Finally,with the purpose of avoiding tax legally,achieving the goals of saving costs and enhancing international competitiveness during overseas investment,the risks of tax planning and how to control them have been put forward.