The repeated taxation, the difficulty of enjoying preferential tax treatment, the special tax adjustment, the emergence of a dispute... In the process of accelerating the "going out" of Chinese enterprises, overseas tax issues and risks are becoming more and more prominent, which has become a pain in many enterprises.
"Enterprises must pay attention to tax risks when they go out." Recently, nobunaga Zhao Weigang neutralization (Beijing) tax accountant firm partners in an interview with the China trade news reporter said that many companies fully understanding of the tax law and tax treaty for the host country, the investment can only eat YaBaKui overseas.
At the end of last year the state administration of taxation, statistics, said China has signed with 99 countries, avoidance of double taxation agreement with the mainland and Hong Kong and Macao special administrative region tax arrangements, signed a total of 102 agreements and arrangements. Recently, however, to "go out" enterprises, according to the survey data of enterprise overseas income 90% from signed the countries and regions of the tax treaty with China, but only 10% of the enterprises enjoyed the tax treaty "treatment".
"A lot of big companies have operations in overseas countries, tax system with the domestic large differences between some countries and regions, and policy changes frequently, complex taxes, enterprise is difficult to fully grasp all information and preferential policy of the tax law." A head of the international revenue management office of Beijing's national taxation bureau told reporters that sometimes companies are taxed repeatedly overseas and are not aware of the situation.
"The old tax agreement between China and some countries is also an important reason for the double taxation." Companies can only settle this issue through consultation between the two countries' tax authorities on the basis of the tax agreement, which also adds uncertainty to companies' avoidance of repeated taxes, the people said.
"Area" initiative "going out" for the enterprise investment has created a rare historical opportunity, but "neighbourhood" all the way along the large difference of national tax system, tax treatment also contributed to the different enterprise tax risk.
2017-08-2514:42:37 source: China trade news