Iax Planning Research Of Chinese Large International Engineering Contracting Enterprises

Recent years, International engineering contracting enterprises in China have made significant progress in international construction market, thanks to a series of domestic support policies. After years of exploring, Chinese construction companies are able to expand their business into every corner of the world, participate in the infrastructure constructions of countries in Asia, Africa, Oceania, even Latin America. However, with the increasingly competitive international market and rising domestic labor costs, profits of international engineering project dropped substantially. Except for external factors, construction companies themselves are challenged by some situations inside which has eaten into their profits, like irregular accounting progress, ignorance of tax risks, lack of international tax planning, etc.There exists challenge as well as opportunity for Chinese construction companies in this complicated and changeable international business environment. Different tax systems and preferential policies of different countries make it possible to do tax planning, which will be an important strategy to win out in the perfectly competitive market. There for, studying how to make use of all kinds of tax planning tools to maintain competitiveness of Chinese international engineering contracting enterprises have important theoretical and practical significance.