跨境股权投资东道国的税收安全评价

The evaluation of the tax security in the cross-border equity investment

本文分析了跨境股权投资的影响因素,并与投资流量进行了相关分析,发现贸易依赖、税收优惠、税收协定、征税规范、个人所得税、政治稳定性六个因素与跨境股权投资显著相关,并设计了税收安全评价体系,测算了权重,根据商务部发布的178个国家的投资指南,对178个国家的税收安全评价指数进行测算,发现欧洲地区、西非、南非以及澳大利亚、加拿大、美国具有较高的税收安全性。建议在进行跨境股权投资过程中,可以参考本文的评价指数及排名,充分考虑跨境股权配置东道国的税收安全指数,并具体分析各个国家级区域的特征,规避跨境股权投资面临的税收风险。

This paper analyzes the influence factors of cross-border equity investment,and found that the investment flow,trade dependence,tax incentives,tax agreements,personal income tax,the political stability are significantly related to cross-border equity investment.Construct the tax safety evaluation system and measure the weights according to the 178 countries from Investment Guide issued by the Ministry of Commerce,we found that Europe,West Africa,South Africa,Australia,Canada,the United States have high security rate.Suggestions are proposed in the process of cross-border equity investment,which can consult the evaluation index and ranking,fully consider the cross-border equity allocation of the host country tax security index,and analyze each characteristic national area,so as to avoid tax risks of cross-border equity investment.