Study On Optimization Of China's Overseas Direct Investment Tax Policy Under "The Belt And Road" Background

Since “Chinese Economic Reform and open up”,the strategy of "Bringing-in" and "Go globally" is the economic policy advocated by our country,which strengthens our economic relations with the world.Early,our country economic development level wasn't high,the country's major was committed to "Bring-in",in order to attract foreign investment to bring advanced technology and high-quality workforce,"Go globally" was only in the stage of simple commodity exports,overseas direct investment(For short,ODI)for most enterprises was still a new word.With the improvement of China's opening to the outside world degree,enterprises "go globally" is no longer limited to the export commodities,gradually,there are some enterprises setting up factory or contracting projects abroad,overseas direct investment has developed.China's increasingly frequent overseas investment activities need corresponding tax policies to assist,so the foreign tax system of our country is gradually established.In 2013,"The Belt and Road" propose which was put forward provides the new development opportunity with our country and countries along."Go globally" strategy has been on to a new journey from now,overseas direct investment as an important part of the "Go globally" strategy also benefits from this strategy,developing rapidly in recent years,the foreign tax policies in China are also put forward higher requirements.Based on the background of "The Belt and Road",this paper studies the role of taxation on ODI in China,mainly from the following aspects:First,analyzing the tax theory of overseas direct investment provides theoretical support for the study of the influence mechanism;Second,through the analysis of relevant tax laws and regulations from both domestic and international perspectives,we can understand the basic framework of China's ODI tax policy and study the status quo of China's ODI tax policy,in addition,it is concluded that the current tax policy on tax credit,tax incentives,tax treaty,tax management and service and so on also has shortcomings,to reform and perfect;Third,to establish the empirical model,through the panel data regression study the correlation between tax factors and China's ODI to countries along "The Belt and Road",the influence degree and direction of tax factors can be seen from the regression results,and concludes that the different influence mechanism of taxation to our country enterprises' direct investment in developed countries and developing countries along;Fourth,to understand the developed capital exporter's perfect foreign-related tax system,summarizes the advanced experience,aiming at theproblems of related taxation system in our country,put forward constructive optimization scheme,mainly from this a few aspects: improve the system of domestic tax credits and tax preferential policies,strengthen the role of international tax treaty,improve tax management and service level and strengthen international cooperation in tax collection and administration,specific operation still need to suit the remedy to the case in combination with the actual problem.