CFC规则完善下“走出去”企业的税务风险分析——以赴中国香港地区上市公司为例

On Tax Risk of Going-out Enterprises under the Ever-improving CFC Rules: The Case of Listed Companies in Hong Kong

本文主要研究"走出去"企业在更加完善的受控外国企业(CFC)规则下面临的税务风险。通过对近十年在中国香港地区上市的境内公司集团架构数据的整理和分析,结合当前CFC规则及BEPS行动计划的建议,讨论这些公司被判定为CFC的可能,从认定范围、归属收入范围以及加强监管等方面分析"走出去"企业可能面临的CFC税务风险,并对"走出去"企业如何应对不断完善的CFC规则提出合理的政策建议。

This paper mainly studies the tax risks faced by Chinese “going-out” enterprises under the ever-improving controlled foreign company (CFC) rules. Through the analysis of the equity structure of domestic companies listed in Hong Kong in the past decade, combined with the current CFC rules and the recommendations of the BEPS action plans, this paper discusses the possibility of these companies being regarded as CFC and also analyses the tax risk that Chinese “going-out” enterprises may face from the perspectives of recognition scope, income attribution and supervision enhancement. The article also proposes reasonable policy recommendations on how these “going-out” enterprises to cope with the ever-improving CFC rules.