论中国规制资本弱化税法的完善

正常交易原则及其方法并非管制资本弱化行为的有效方法。为提高税法的确定性和适用效率,我国应该利用“两税合一”的契机,建立和完善以固定比例法为主、正常交易原则为辅的资本弱化税制。新的资本弱化税制应无差别地适用于境内和境外交易。在采用固定比例法设计中国的资本弱化税制时,应结合中国的国情实际,一方面要尽可能地使其接近正常交易原则,另一方面也要确保该方法的灵活性。

On the Perfection of China's Tax Rules of Regulating Thin Capitalization

The Arm's length principle is not an effective method of regulating thin capitalization.In order to enhance tax law's certainty and its efficiency of enforcement,China should make full use of the opportunity of integrating two enterprise income tax law systems to perfect the tax legislation on thin capitalization.The new tax legislation should in principle adopt the Fixed Ratio Approach complemented by the Arm's length principle,and apply to domestic and transnational transactions indiscriminately.When designing the tax rules regulating thin capitalization in the Fixed Ratio Approach,China should take her practical situations into consideration,making them as close as possible to the Arm's length principle on the one hand,and ensuring their flexibility on the other hand.