我国离岸信托业务监管的演进脉络、实践特色及经验借鉴  

Research on the Evolution, Practical Characteristics, and Experience Reference of Offshore Trust Business Supervision in China

作　　者：韦泽辉 田洪昌 WEI Zehui;TIAN Hongchang(Guanghua School of Management,Peking University,Beijing 100871,China;Shenzhen Financial Stability and Development Institute,Shenzhen 518000,China)

机构地区：[1]北京大学光华管理学院,北京100871 [2]深圳市金融稳定发展研究院,广东深圳518000

出　　处：《开发研究》2024年第6期151-160,共10页Research On Development

基　　金：广东省社科“十四五”规划常规项目(GD22CYJ04);深圳市哲学社会科学规划项目(SZ2022B011)。

摘　　要：我国正值财富动力源转化与代际传承“两期叠加”时期,离岸信托作为一种具有优越的保密性和税务优势的避税工具,已成为高净值人群尤其是上市企业家规避国内税务监管的重要手段。在巨额财富积累与税收规避需求的双重驱动下,离岸信托出现爆发式增长,随之而来的是源源不断的监管难题。以探讨我国离岸信托业务的发展现状及其监管问题为主旨,通过文献分析法和比较分析法,在系统梳理我国离岸信托业务发展及国际发展经验的基础上,分析了离岸信托在我国的发展历程及其面临的税制缺位、涉税信息交换受阻、监管队伍专业性不足和资本管制滞后、设立监管薄弱等主要挑战,以英、美等国离岸信托监管的部分经验为基础,在完善税制、加强信息交换、构建人才培养体系及优化资本管制政策、构建高效监管架构等方面给出一系列可行性建议。China is currently experiencing a period of“convergence of two phases”of wealth dynamics transformation and intergenerational wealth transfer.Offshore trusts,as a tax avoidance tool with superior confidentiality and tax benefits,have become a key tool for high-net-worth individuals,particularly listed entrepreneurs,to evade domestic tax regulation.Driven by the dual forces of substantial wealth accumulation and the demand for tax avoidance,the offshore trust market has seen explosive growth,accompanied by numerous regulatory challenges.The research aims to explore the development status and regulatory issues of offshore trusts in China.Through literature analysis and comparative analysis methods,based on systematically reviewing China’s offshore trust business development and international development experiences,this study analyzes the development history of offshore trusts in China and identifies major challenges such as tax system gaps,difficulties in tax information exchange,insufficient regulatory talent,lagging capital control and weak establishment supervision.Drawing on regulatory experiences from countries like the United Kingdom and the United States,this paper proposes a series of feasible recommendations to improve the tax system,enhance information exchange,build talent training systems,optimize capital control policies,and establish efficient regulatory frameworks.

关 键 词：离岸信托 监管政策 反避税 跨境监管 

分 类 号：F832.49[经济管理—金融学]