Comparison Of Corporate Income Tax Systems And Investment Tax Research In Asian Countries Along The "Belt And Road"

The 40 years of reform and opening up is a great revolution in the history of China’s development.In 2013,Xi Jinping proposed the “Belt and Road” initiative for the first time and listed it as a major national policy for deepening reform and opening up.After five years of practice,the “Belt and Road” has covered 71 countries,with a total population accounting for 47.6% of the global population,GDP accounting for 18.4% of the world total,and trade volume accounting for 27.8% of the world total.In the past five years,the trade volume between China and related countries has surpassed 5 trillion US dollars,increasing China’s foreign investment of 60 billion US dollars,and the taxes and fees paid to the host country totaled 2.01 billion US dollars,creating 244,000 jobs for the local area.Through the “Belt and Road”,China is seeking more balanced regional development and opening up a new pattern of opening up between the East and the West.The “Belt and Road Initiative” combines the interests of China with countries along the route,highlighting the inseparable destiny and connection between China and Asia.Since the 1990 s,Asia has been the engine of the development of the world economy,but it also faces serious development challenges.China has always maintained a good trading partnership with most Asian countries.Under the guidance of the “Belt and Road”,more and more Chinese companies are “going out” and investing in Asian countries along this route.Chinese companies will consider a variety of factors when conducting foreign investment projects.The complex and evolving and changing tax system in each country is an important and complex one of many factors.However,most of these companies still lack practical experience in investing and operating on a global scale and are still in the early stages of overseas investment tax administration.Therefore,comparing the corporate income tax system and related tax treaties in Asian countries along the way,combined with investment projects for tax analysis,can help Chinese companies to familiarize themselves with the tax environment of the country where the project is located,and further utilize the relevant tax incentives and applicable tax treaty provisions.Maximize profits as much as possible.This paper attempts to use the literature research method,comparative analysis method and case analysis method to compare the enterprise income tax system and related tax treaties from the perspective of Asian countries along the route,and to combine the Chinese enterprises’ investment status in Asian countries along the “Belt and Road”.The tax analysis proposes countermeasures for Asian countries along the “Belt and Road” investment in Chinese enterprises,so that domestic enterprises can refer to cross-border investment.