An Empirical Study Of The Impact Of The One Belt And One National Taxation Business Environment On China's Foreign Direct Investment

According to the data of the Ministry of Commerce,in the first 10 months of2018,the newly added investment of Chinese enterprises along the “Belt and Road”countries accounted for 13.36% of the total foreign investment.It can be seen that the status of the Belt and Road countries in China's foreign investment is becoming more and more important.At the same time,the tax business environment is a factor that companies will consider when investing abroad.Then,in the construction of the “Belt and Road”,how do the taxation business environment of these countries affect China's direct investment? What are the factors in the taxation business environment that companies need to pay special attention to when investing in the Belt and Road countries? Therefore,this paper combines the status quo of China's investment in the One Belt and One Road and the current situation of the national taxation taxation business environment of the Belt and Road,using the panel data of China's direct investment in the Belt and Road and the taxation business environment in 2014-2017,and establishing a model with a tax structure.The tax burden level,tax time,and tax external relationship are used as explanatory variables to study the impact of the Belt and Road National Taxation Business Environment on China's foreign direct investment.On this basis,the Belt and Road countries are divided into different income levels according to World Bank standards.The country studies how the taxation business environment will have an impact on foreign investment at different income levels.The results of the study show that the complexity of the tax system design,the level of tax collection and management,and the level of tax burden will have a negative impact on China's direct investment in the Belt and Road,and the signing of the tax treaty will have a positive impact on it.It also has different degrees of influence on countries with different income levels.The tax system design and tax time have a greater impact on low-and low-income countries.The tax burden and the signing of tax treaties have a greater impact on middle and high-income countries.Therefore,the paper conclude s with the suggestion that the Chinese government should speed up the signing of tax treaty agreements.Enterprises should have an overall understanding of the taxation business environment of each country wheninvesting abroad.The countries and the countries should carry out tax reforms in a targeted manner according to their own conditions.