Tax Risk Analysis And Prevention Of "Going-Global" By The Chinese Enterprises

The implementation of the "Belt and Road" initiative concept has provided a historical opportunity and a broader arena for Chinese enterprises to "go global".The curtain of global operation of enterprises has rapidly opened and China's foreign investment has reached new heights.At the same time,it also gives new opportunities and challenges to Chinese companies in the management of taxation under the “Belt and Road” initiative.From the perspective of tax management,tax regulations involving multiple tax jurisdictions in China,investment host countries,and related third parties,tax regulations,collection methods,and understanding of international tax rules often have inconsistencies,these differences put forward higher requirements for the company's overseas project tax management.Most Chinese companies lack the practical experience of investing and operating globally,and are still at the initial stage of overseas investment tax management.Inexperience in international taxation and risk prevention,limited capacity.Facing the challenge of quickly learning the expertise of overseas project tax management,establishing a taxation management system for overseas investment,and exploring effective taxation management methods.With regard to the above issues,Chinese enterprises should actively respond to the improvement of tax-related business processing capabilities.This paper selects 13 key investment target countries along the “Belt and Road” based on the statistics of foreign direct investment.Combining the provisions of the corporate income tax law of these countries,the tax treaty agreements with China,and the tax collection and management system,deeply analyze the common tax risks and manifestations of companies going abroad.The tax risk of the company is divided according to the different stages of its life cycle,namely: investment preparation stage,investment operation stage,and investment withdrawal stage.Analyze the tax risks that may be encountered at each stage and how to deal with them.Finally,draw lessons from relevant theories of tax risk management and internal control,and try to establish a streamlined and sophisticated tax risk prevention mechanism for “going global” enterprises,to achieve the effect of reducing corporate tax costs and increasing revenue.