Research On Tax Risk Prevention Of Outward Foreign Direct Investment Of Chinese Enterprises

With the development of economic globalization and the proposal of "One Belt and One Road" in China,more and more enterprises go abroad to invest directly.Since 2015,China’s OFDI flows have ranked second in the world,only after the U.S.A.Whether in terms of investment stock,flow or investment range,China has become a major foreign direct investment country.China has become a major country of OFDI.The rapid development of China’s outbound direct investment reflects the enthusiasm and confidence of Chinese enterprises to go out.However,the process of many enterprises is not smooth,some of them experience all kinds of risks and finally come back.Among them,tax risk is one of the important risks faced by enterprises.Especially in today,with the changeable international situation,tax risk prevention is more important than tax risk response.Some risks can be solved in the incubation period.Some tax risks are difficult to recover once the risk arises.It is particularly important and urgent for Chinese enterprises to prevent tax risks of OFDI.At present,scholars at home and abroad have studied the issue of corporate foreign direct investment tax risk.Chinese scholars mainly study the tax risks faced by Chinese enterprises from three aspects: tax risk status,influencing factors and countermeasures.Especially in the risk prevention countermeasures,scholars have put forward their own views from different angles and different levels.Many scholars have proposed to construct a tax risk prevention mechanism,but few scholars have further in-depth on this issue.Based on the current situation of severe tax risks faced by Chinese enterprises and the weak points of current research,this paper analyzes the basic theoretical analysis and current situation of foreign direct investment tax risks of Chinese enterprises.And this paper constructs a tax risk prevention system.Combined with the general theory of risk manageent and provided a complete risk prevention framework from risk identification,risk assessment and risk prevention.Among them,in the stage of tax risk assessment,the risk degree is quantitatively analyzed to provide new analysis ideas and methods for enterprises.In the hope of providing reference suggestions and strategies for enterprises to better grasp investment opportunities and prevent tax risks,it will help enterprises to improve their own tax risk prevention system and avoid falling into investment quagmire.At the same time,it also puts forward some opinions on the government’s assistance to Chinese enterprises in resolving and preventing tax risks in the process of OFDI.Firstly,this paper introduces the research background and significance of the tax risk of OFDI,and combs the current research results at home and abroad in the literature review section.Secondly,it introduces the basic concepts and theoretical basis of the target problem.Based on the above research,this paper proposes to establish an enterprise tax risk assessment system,and conduct quantitative analysis of the structure of enterprise tax risk.In the third chapter,we took the CNOOC ‘s investment as a case to apply the evaluation system,and finally get the different tax risk prevention priorities of CNOOC in different investment target countries.In the last part of this paper,based on the theoretical analysis,system analysis and case analysis,the author summarized the experience of theory and reality,put forward the countermeasures to improve the tax risk prevention of OFDI,and put forward concrete and feasible suggestions from two aspects of enterprises and the government.