Research On The Corporate Income Tax Policy Of Foreign Direct Investment In The "The Belt And Road" Background

China's foreign direct investment began in the period of reform and opening up.After 40 years of development,the scale of foreign direct investment has been expanding.Especially since the implementation of the "Belt and Road Initiative",China's foreign direct investment exceeded foreign investment in 2015-2016 for two consecutive years,2017 Further development,the new investment in the countries along the "Belt and Road" increased by 3.5 percentage points,According to Professor Deng Ning's investment development cycle theory,from the perspective of per capita national income,China should enter the fourth stage from 2011,the capital output will grow rapidly,and the transition to the net capital export stage will begin,but China will enter the "Belt and Road" in 2015.After deepening the implementation,China' s foreign direct investment has grown significantly,and the amount of foreign direct investment has begun to exceed the amount of foreign direct investment,achieving a trade surplus and transitioning to the net capital export stage.China' s foreign direct investment still lags behind the theoretical development stage and long-term investment.The surplus will increase the pressure on the appreciation of the renminbi and reduce the competitiveness of our products In order to reverse the unfavorable position of China's foreign economy,enterprises should be encouraged to make foreign direct investment and give full play to the important role of the "Belt and Road".At the same time,a large number of studies at home and abroad show that the corporate income tax policy of the home country has an important impact on foreign direct investment.In recent years,China's corporate income tax policy has been continuously improved,but the tax policy for China's foreign direct investment has lagged behind the development of foreign direct investment.Some problems need to be resolved.Based on the background of"Belt and Road",this paper studies the corporate income tax policy of China's foreign direct investment from the perspective of government,mainly from the following aspects:This paper first introduces the connotation and core content of the "Belt and Road",analyzes the practical significance of foreign direct investment in this context,and studies the impact of income tax policy on foreign direct investment.China's "The Belt and Road" focuses on "policy communication,facility connectivity,trade smoothness,capital finance,and people's hearts".Policy communication is the guarantee,facilities and connectivity are leading development,and finance and finance are the support.People's heart is the foundation,and trade is the key.It provides a development platform for China's foreign direct investment,and the development of foreign direct investment has also promoted the implementation of the "Belt and Road".There are many factors influencing foreign direct investment,including the host country's consumer market,exchange rate,tax attractiveness,and the economic level of the home country,and the policy attitude of foreign investment.The influence of the home country's tax policy on the foreign direct investment of enterprises is gradually strengthened.In China's tax investigation,tax claims have become one of the eight major demands of corporate foreign investment.This paper mainly analyzes the impact of corporate income tax rate,fee deduction,and dividend credit on investment decision-making,methods,and scale.By combing the corporate income tax policy and tax treaty of China's foreign direct investment,it is found that China has gradually improved the tax credit system,increased the comprehensive limit credit method,and reduced the proportion of investment in special equity tax treatment for equity and asset purchase business,and further expanded.Enjoy the range of deferred tax benefits.However,there are many shortcomings in China's corporate income tax policy.China's tax law requires enterprises to pay tax adjustments according to the provisions of China's enterprise income tax law,increase the financial and tax risks of enterprises,lack a risk reserve system,and have no tax on the“One Belt,One Road" strategy.Preferential policies,some provisions of the tax treaty are not conducive to the development of China's foreign investment cooperation,which has hindered the development of China's foreign direct investment in many ways,which is not conducive to the deepening development of the "Belt and Road".Taking Germany,the United States and Japan as reference,its foreign investment income tax policy is relatively perfect,and some tax policies are worth learning from.From the three aspects of the tax incentives policy of eliminating international double taxation and foreign direct investment and the international anti-tax avoidance law,it is found that all three countries have established a comprehensive tax incentive system to promote foreign direct investment.Simplified and meticulous foreign tax credits,combined with tax incentives and tax avoidance measures for production inspections,have established a strict anti-tax avoidance law,but some systems do not apply to China's current development requirements,China should draw on developed development according to its own development On the basis of the national tax policy,a tax policy is conducive to the foreign direct investment of enterprises.Finally,based on the principle of tax neutrality,this paper draws on the Developed countries taxation system to give reasonable advice on guiding tax incentives for enterprises' foreign investment,reducing double taxation and improving taxation agreements.with the continuous development of China's economy,the level of foreign direct investment is growing rapidly.Taxation policies are not neutral to foreign investment enterprises,and investment methods and investment contents are In the absence of full play of incentives and guidance,China should establish its income tax policy guidance system,improve the tax credit system,strengthen the construction of China's anti-tax avoidance system,and combine tax treaties to build a more stringent anti-tax avoidance system to provide tax incentives for enterprises.Protect national tax rights and interests.