防范资本弱化的税收政策研究

随着企业越来越多地利用资本弱化进行避税，如何制定税收政策防范资本弱化就显得十分重要。目前我国新的企业所得税法虽对资本弱化的防范有一些规定，但这些规定存在着安全港比率定得偏低、对债权性投资的认定过于笼统、对资本弱化避税征管的手段不完善、未及时修订双边税收协定、缺乏对资本金流向的监管等问题。针对上述问题，在借鉴国际经验的基础上，结合我国实际，提出了制定相应的税收政策的建议。

Study on Tax Policies to Defend against Thin Capitalization Prevention

As enterprises evade taxes more often, it seems more important to draw up tax policies to defend against thin capitalization prevention. At present the new Law of Business Income Taxes prescribes thin capitalization prevention to some degree. However, problems still exist on a large scale, e.g. too low fixed rate of safe port, too critical standards to declare affiliated enterprises, too vague standards to declare debt investment, too deficient means to tighten collection and management of thin capitalization prevention, bilateral tax agreements that are not revised on time, lack of supervision on capital funds flow. To deal with those problems, this article offers some proposals on corresponding tax policies with the concrete realities of China.