Research On Tax Risk Of Chinese State-owned Enterprises Going Global

Since the reform and opening up,the state has proposed "going global" and a series of open-door policies in order to improve the efficiency of business operations,alleviate domestic production capacity surplus,and alleviate the pressure on foreign exchange reserves.The implementation of these policies and the promotion of the “Belt and Road Initiative” have enabled the number of “going global” enterprises in China to achieve breakthrough development,and the foreign investment made by enterprises has been steadily both quantitatively and qualitatively.The improvement has achieved very impressive results.In recent years,although many private enterprises and mixedownership enterprises have joined the “going global” team,state-owned enterprises still occupy a high proportion,which is the main body for Chinese enterprises to “going global” for overseas investment.The "going global" of state-owned enterprises is of great significance.It not only broadens the development path of state-owned enterprises,increases the world influence of the Chinese economy,but also forces stateowned enterprises to carry out reforms,bringing the Chinese economy into line with the world.However,opportunities and risks always coexist.We cannot only see the benefits of “going global” of Chinese state-owned enterprises,but also fully realize the challenges and risks brought about by complex international situations and historical and cultural differences,among which tax risks is a part that cannot be ignored.This paper believes that this tax risk can be understood from four aspects: one is political risk,that is,the risk caused by the political environment that the host country is responsible for;the other is economic risk,the economic development level of a country determines the country's tax system.So,the tax risk can be understood as an economic risk;the third is the tax risk caused by the difference between the tax system and the tax policy;the fourth is the tax risk brought by the taxpayer's misconduct.If you cannot fully pay attention to and prevent the tax risks of cross-border operations,it will often increase the tax burden of enterprises and put enterprises into an unfavorable situation.Based on this,this paper analyzes the tax risks of “going global” of Chinese state-owned enterprises,and proposes specific countermeasures,in order to help Chinese state-owned enterprises to improve their tax risk prevention awareness and tax risk prevention and control capabilities while “going global”.This article is divided into five parts:Chapter one.It mainly introduces the background of the topic and the significance of the topic,and summarizes the relevant research results at home and abroad.At the same time,it also introduces the research content,research methods and possible innovations and deficiencies.The second chapter is about the theory and concept of “going global” and tax risk for state-owned enterprises.Firstly,it introduces the importance of “going global” of state-owned enterprises.Secondly,it introduces the concept and characteristics of taxation risks.Finally,it expounds the theory of enterprise value maximization and tax service.The third chapter is the status quo of China's state-owned enterprises' "going global" development.Due to the lack of relevant statistical data,this chapter analyzes the current development status of China's “going global” enterprises,and reflects the current development status of China's state-owned enterprises “going global”,mainly from the aspects of foreign direct investment and foreign contracted projects..The fourth chapter analyzes the tax risk of “going global” of Chinese state-owned enterprises.This chapter divides the tax risks of state-owned enterprises “going global” into endogenous risks and exogenous risks according to the sources of risk factors.Endogenous risk refers to tax risks caused by external factors of the tax system,including political risks and economic risks.Exogenous risks refer to tax risks caused by internal factors of the tax system,including tax system difference risks,international double taxation risks and anti-tax avoidance investigation risks.The fifth chapter is about the strategy of dealing with the “going global” tax risk of Chinese state-owned enterprises.This chapter proposes suggestions for dealing with tax risks from both the government and the state-owned enterprise.On the one hand,the government should give full play to its guiding role,continuously improve relevant tax incentives and tax treaties,and provide more comprehensive services for enterprises.On the other hand,state-owned enterprises must give full play to their initiative,continuously improve the level of risk management,and strengthen communication with the outside.