The Research On Tax Planning In Enterprises Merger & Acquisition

In recent years, a great number of increasing in merger and reorganization in our Chinese’s enterprises. In the past year(2013),because of the number and the scale of M & A, 2013 was be known as "the first year of M & A". It affirmed and in a rapidly growing. In the global integration of the world in recent years, as it has been seen as the state’s macro social redistribution of resources an important form and companies improve the quality of its own "weapon" merger. Today the competition between enterprises is becoming more and more serious situation. But the enterprise through understanding M & A rules and master the technology M & A can gain an advantage in the severe competition.The article consists of five parts: the first part introduces the research background,significance and purpose, reviewed the domestic and foreign related enterprises in merger and reorganization of the tax planning and the related research features and innovations of this dissertation. The second part is mainly from the concept of tax planning, understanding why do described three aspects of tax planning and the related tax policy occurs when the merger and reorganization of enterprises. The third part introduces the main tax in the merger and reorganization of enterprises occurred when planning method and the choice of method. The fourth part analyzes respectively corporate merger and reorganization of mergers and acquisitions, mergers and acquisitions object choice the choice of the form of payment, considering how to effect the tax saving for the business enterprise, and finally chose a case recently more attention- "united to select and purchase a car network" conducted a comprehensive analysis. The fifth part is the conclusion of the study and inspiration: This paper adopts the method of combination of theory and practice, in-depth study of the enterprise in M & A activities to choose the target enterprise, recombinant form choice, mode of payment, financing ways of the tax planning methods. But in the realistic society of corporate mergers and acquisitions activity is composed of a lot of links, and in the different links in the industry are in a corresponding stage objective may tax planning will make the tax method before and after the links between the choice of conflicting results. So the enterprise to consider when carries on the tax planning should be run through the entire acquisition link, key points of tax planning comprehensive measure of each link, the relationship between comparative enterprise tax planning by the expenditure of the cost and obtain the corresponding income. Finally to reduce the corporate tax and improve the economic efficiency of enterprises, realize the maximization of enterprise value of M & A.This paper is different from previous theoretical research consistently, It’s involved in restructuring on M & A taxes in China, such as the enterprise business tax, value-added tax, consumption tax and income tax and so on. According to contact tax policy, We use some China’s current related M & A data to analyze tax planning.