On Corporate Income Tax Risks In Chinese Resident Enterprises' Foreign Direct Investment In One Belt And One Road Countries

The implementation of “One Belt and One Road” strategy has strongly promoted the direct investment of Chinese resident enterprises to these countries along.“One Belt and One Road” strategy involves more than 60 countries and regions,historically,which are not the priority areas of Chinese foreign investment.These countries are abundant in resources,however,we should also see their differences in the political system,the level of economic development,history and culture.Some countries is characterized by turbulence,which makes the direct investment of our resident enterprises “going abroad” to these countries faces more risks.In particular,the risks of corporate income tax can not be ignored.It is not enough to study the tax risk of corporate income tax that Chinese resident enterprises face in direct investment of the countries along the line from the perspective of "One Belt and One Road".Therefore,it is of great theoretical and practical significance to study the researches on the related tax risks caused by the enterprise income tax,to enrich the connotation of the tax risks and to prevent the tax risks of the corporate income tax of the resident enterprises from direct investment in the “One Belt and One Road” countries.From the maintenance of the economic interests of Chinese residents,this paper analyzes the potential or existing tax risks in the process of "going abroad" by using the literature research method,the comparative analysis method and the case analysis method.It analyzes the corporate income tax risk from two perspectives,three categories in detail.Two perspectives are from the corporate and the government,then the paper does a further study from the three categories to analyze the main characteristics of the corporate income tax risk.In order to explore the various types of corporate income tax risks faced by Chinese resident enterprises in their direct investment further and to find out the shortcomings of Chinese resident enterprises in preventing such risks,this paper selects 11 typical countries that China invests directly in the " One Belt and One Road " and three specific cases to make more in-depth analysis of corporate income tax risks.According to the foregoing analysis in deficiencies of corporate income tax risks,this paper puts forward a strategy for the first time to prevent the risk of enterprise income tax for Chinese resident enterprises.In addition,this strategy will take measures from both the enterprise and the government to prevent corporate income tax risk,and combines the theory of enterprise value maximization,the new public service and the prevention of the tax risk of the enterprise income tax,which is also one of the innovative points in this article.For Chinese resident enterprises,the entire overseas investment process is divided into the each stage of investment from the enterprise value maximization theory.For the government,it helps enterprises to prevent income tax risk from the new public service theory,so as to have a positive guiding effect on the establishment or improvement of tax risks internal control system for "going abroad" enterprises.