Spatial Analysis Of Tax Planning For Enterprise Merger And Acquisition And Reorganization

Relying on abundant coal resources and the full support of the state,the steel industry has had a brilliant period of achievements,laying a foundation for the rapid development of China’s economy.Along with our country economy has begun to enter the low speed development stage,economic volume tends to saturation,economic growth is slowing,and rapid economic development in recent years,problems also gradually emerges,the capacity of iron and steel industry is one of the world’s level,but the utilization rate is extremely low,supply exceeds demand in the market stalled relations for the iron and steel industry development,industry concentration lags far behind the developed countries,also make the products less competitive,cannot win international voice,2015 more than half of the iron and steel enterprises are losing money,the entire steel industry into a freezing point.Manufacturing industry is the foundation of economic development.Only by solving the difficulties faced by the steel industry can economic development be promoted.Mergers and acquisitions are a process of resource re-integration,which can effectively complete the transfer of assets,reduce production capacity,improve industrial intensity,eliminate uncompetitive enterprises,rejuvenate the steel industry and make a qualitative leap in economic development.M&A has become the development trend of the iron and steel industry,this paper incorporates the two leading companies case as the analysis object,from asset merger and acquisition,equity acquisition,merger to absorb three angles,combined with the current preferential tax policies,to pay the way and the way of financing way as planned,the overall tax burden calculation analysis of mergers and acquisitions both sides,and to consider factors other than taxes,and then obtain the optimal planning scheme,comparing with actual project,finally,in view of the tax planning of merger,acquisition and reorganization,iron and steel enterprises and the national tax authorities should be how to face put forward reasonable Suggestions.This paper is divided into seven parts:The first part: the development of China’s iron and steel industry,the theoretical and practical significance of mergers and acquisitions.The second part: the basic principles and types of M&A and the concept of tax planning are discussed.The third part: the main tax policies related to M&A and reorganization are sorted out and the planning space is briefly described.The fourth part: First of all to the merger,acquisition and reorganization of the enterprise background,a brief introduction to the business situation of mergers and acquisitions both sides,the second for M&A financing planning,again to pay the way as the research object,according to obtain the subject matter,from asset merger and acquisition,equity merger and acquisition,merger acquisition three Angle design planning scheme,each scheme by use of payment,you can choose the general tax treatment and special tax treatment respectively,the current tax burden also is not the same,both sides by estimating M&A tax burden,tax cost analysis combined with deferred tax situation,it is concluded that combined absorption is the lowest tax planning scheme,Then,the non-tax factors are brought into the planning scope.Finally,the optimal scheme obtained comprehensively is compared with the actual scheme,and the theory and practice are combined.The practice proves that the theory can provide guiding opinions for practice.The fifth part: how to implement the theoretical optimal planning scheme,this paper puts forward feasible Suggestions on the enterprise preliminary preparation,process design and the final feedback.The sixth part: how to distinguish the difference between reasonable tax planning and stealing tax avoidance in the face of enterprise tax planning,how to ensure the national interests are not infringed,how to improve the national tax policy and put forward reasonable suggestions.The seventh part: summarize the research of tax planning space of merger and acquisition.