Abstract: This paper uses the method of DID to research the international tax avoidance of Chinese foreign direct investment enterprises by using the 2000~2010 customs database and the foreign investment list. The results are as follows: (1) Chinese foreign direct investment enterprises use transfer pricing to avoid Chinese tax by decreasing price to related enterprises in low-tax countries by 4.28%~7.79%, while correspondingly increasing the price to related enterprises in high-tax countries by 4.28%~7.79%; (2) there exists transfer pricing behavior in both the general trade and processing trade; (3) the bilateral tax agreement can restrain transfer pricing for tax avoidance. This study can effectively supplement the corporate tax avoidance literature and provide some policy recommendations to improve Chinese anti-tax avoidance system.

Key words: Transfer Price, Tax Avoidance, Commodity Trade

摘要： 本文利用交易层面的2000~2010年海关数据库和对外投资名录,通过双重差分法发现了中国对外直接投资企业通过转让定价进行国际避税的直接证据。研究发现:一是中国对外直接投资企业利用转让定价进行国际避税,出口到低税国关联企业的价格会显著下降4.28%~7.79%,相应的出口到高税国关联企业价格会显著提高4.28%~7.79%;二是一般贸易和加工贸易都存在转让定价行为;三是双边税收协定对企业转让定价避税起到抑制作用。本研究可以有效补充企业避税文献,并为中国反避税制度的完善提供了政策建议。

关键词: 转让定价, 企业避税, 商品贸易