Consolidated Income Tax Impact Factor Analysis

Since the 20th century, along with world scope enterprise group advancement speeding up, as well as all quarters facing the finance information need daily enhancement, how consolidated financial statements to real, comprehensive enterprise groups to reflect on the whole issue of the complete picture, become one of important topics which international accounting profession in-depth study and explore.China has a corporate income tax law and accounting standards appropriate separation legal environment. Our country's environment is different from the United States, Britain and other countries' legal environment. Although this year the State Administration of Taxation and the Ministry of Finance made great efforts to coordinate the difference, but there are still a many differences. These differences result in income tax confirmed when the merger will have temporary differences, and these differences are of long term and continuity. They are bound to have an impact on the income tax after the merger process.This article is obtains from the analysis business combination correlation stipulation, analyzes the different merge method, the merge idea and the different group tax payment way involution and the income tax influence, hoped through the understanding influence merge income tax expense factor, comes in to be reasonable, to gather the gauge in the scope the involution and the income tax carries on the tax payment preparation, causes the group enterprise the merge income tax to spend as far as possible small, helps the realization enterprise value maximization the goal, enhances the enterprise competitive ability. Simultaneously understood the influence merge income tax factors can help us to make further understand of the relationship between different financial statements, and It could have important significance by helping the stakeholders who interpret consolidated financial statements.The article is divided into six parts:Part I: Introduction, this article introduces the topics motive, literature review of the combined income tax and both domestic and international current research process.Part II: raise issues, partly briefed different countries combined income tax accounting process of development and evolution, and put forward the merger described below will be the impact of the income tax factors.Part III: In this part I analysis the income taxation's impaction of corporate merger means. Corporate merger by different methods compare different methods that the merger will result in the merger of different cost basis of valuation, the author of the consequences for the merger of the income tax affected were analyzed.Part IV: the choice of the merger concept of the combined analysis of the impact of the income tax, which is part of the main body of the article. The influencing factors are analyzed based on the idea of merging the different, so the first part of the merger on the existing concept of different comparisons, analysis, and then further analyzed in different concept of the merger goodwill confirmed the initial and follow-up measures and unrealized internal transactions offset by income tax expenses of the merger deal with the specific impact. Finally, to sum up.Part V: The author list normative constraints on the income tax impact of the merger, which part of the legal system from the tax perspective, and income tax accounting standard norms in terms of the merger of the two income tax on their confirmation on the implications and limitations.Part VI: To the tax payment preparation enlightenment, the author had expounded in this part the analysis merge income tax factor carries on the tax payment preparation to the enterprise in the solid service operation the enlightenment and the significance.