The Study On Income Tax Law Problem In The M&A Of Enterprise

M&A market economy is to a certain extent the product of a more complex behavior of capital operation. As the activity will not only help enterprises to achieve economies of scale, gain a competitive advantage in the market; but also for the national industrial structure adjustment, promoting national economic development. Rapid economic development in the community, the corporate mergers and acquisitions of Chinese enterprises has gradually become the main way to grow. In the process of mergers and acquisitions tax, but play an important role, mergers and acquisitions and tax the close ties between the two makes the current income tax system in China’s mergers and acquisitions of many defects show it, M&A tax system can not satisfy the theoretical study and adapt to the development needs of practice, In this context, it is necessary for M&income tax system to study the issue, and the inadequacies of its research and analysis, looking for reasons to explore solutions.This article is normative analysis, empirical analysis and comparative study of mergers and acquisitions in China to study tax law system. This total of three parts:The first part of the income tax system is a legal analysis of mergers and acquisitions, introduced the concept of mergers and acquisitions related to mergers and acquisitions and business come together to study what is, and describes the type of mergers and acquisitions and corporate mergers and acquisitions tax incentives. At the same time, respectively, from mergers and acquisitions and corporate income tax law and the relationship between the regulations of corporate income tax law should follow the principles of corporate mergers and acquisitions both income tax system for mergers and acquisitions legal analysis of issues, from the theoretical foundation of its grasp.The second part of our current income tax system mergers and acquisitions issues described; analysis of the new "Income Tax Law", China’s current income tax system in framework of mergers and acquisitions overall situation; Key mergers and acquisitions in China income tax system to analyze the defects and shortcomings, mergers and acquisitions from the lack of a unified system of income tax law, the operation of the current tax system is not conducive to mergers and acquisitions, the lack of comprehensive anti-avoidance system, income tax law inconsistent with four aspects of the accounting system discussed in detail.The third part, based on the above analysis, described M&A tax system improvement issues, from improving their tax-free merger regulation, improve the anti-avoidance system, improve corporate mergers and acquisitions financing system, and coordinating the acquisition of income tax system and accounting the relationship between the four major aspects of the system are given for improvement strategies.