“走出去”的中国企业在外汇资金的运营方面经常会遇到麻烦,特别是进行资金跨国转移时,不仅会受到当地外汇政策的限制,还需要兼顾其税务政策的要求。中国某跨国公司2011年在非洲的一家子公司获得了较高的工程利润,年末账户上有大量本地币余额。考虑到大量收入留在当地将面临高额的所得税成本,且当地货币近几年一直处于贬值状态,为保证资金安全和规避贬值风险,公司决定将账户余额转回国内。这家公司有五个资金转移方案:一是利润分红方案, Chinese enterprises that “go global” often encounter difficulties in the operation of foreign exchange funds. In particular, when transnational funds are trans-nationalized, they will not only be subject to restrictions on local foreign exchange policies, but also take into account the requirements of their tax policies. A multinational Chinese company in Africa in 2011 gained a higher engineering profit, a large number of local currency balances at the end of the account. Considering that a large amount of income will stay in the country, it will face high income tax costs. In addition, the local currency has been devalued in recent years. To ensure the safety of funds and avoid devaluation risks, the Company decided to transfer the account balance back to China. The company has five funds transfer program: First, the profit-sharing program,