Tax risks and countermeasures of China’s OFDI under the Belt and Road Initiative

Since China put forward the "Belt and Road" Initiative in 2013, the investment exchanges between China and countries along the routes have become increasingly close, and gradually opened up a new pattern of global geo-economic trade. However, opportunities and challenges coexist. As the tax environment of countries along the "Belt and Road" is very different, Chinese enterprises face many tax risks in the process of OFDI. Based on the "Belt and Road" initiative, this paper studies the tax environment of the countries along the "Belt and Road". Through analyzing and discussing the tax risks of China's outward direct investment in the countries along the "Belt and Road", it proposes relevant countermeasures to resolve the tax risks. It is hoped that through the joint efforts of the government and enterprises, the tax risks of OFDI can be effectively avoided and a good investment environment can be created, thus promote high-quality development along the Belt and Road. So this paper has both theoretical and practical significance.