Study On The Influence Of Equity Reorganization Of HK Company Tax Planning

When enterprises conduct the restructuring transactions, accounting treatment is not only related to the assets, liabilities and owners’ equity transfer, but also involves the income tax and other tax treatment. Enterprise income tax as one of the main factors which affects corporate restructuring costs, it is the important consideration object in the reorganization of the decision-making and implementation for the enterprise. China implements the new tax law system Since 2006 and promulgated the " the notice about the treatment of enterprise income tax" and " management approach of enterprise reorganization about the enterprise income tax " in 2009 and 2010, the policy of enterprise income tax restructuring into a more comprehensive and unified system.This thesis is based on the restructuring of enterprises and tax planning and other related theories, income tax and its related policies according to the 2009 and 2010 successively promulgated by the reorganization of enterprises, it is a comprehensive analysis of the implementation of specific conditions of tax regulations involved in the reorganization of the current income tax, besides, it puts forward relevant tax planning scheme, and combining with the case of HK company to carry out the empirical study. This paper starts from the equity restructuring business of HK company to be the tax planning program by the method of case study, elaborates how to through the reorganization of the way to achieve the optimal tax cost and resource advantage of concentration, and enhance market competitiveness, realize the strategic objective of the enterprise. This paper analyzes the role of tax planning in the enterprise restructuring process through theoretical and empirical research.Excepting from the introduction, the full text is divided into 5 chapters, as follows:1. this paper analyzes the causes of the reorganization of the HK company, it is not only the need of dealing with the problem of company’s business growth rate is decreasing, and deal with the problems of HK group is facing in the development. The way of this restructuring is the special tax treatment of the provisions of the tax [2009]59.2. Tax planning has an important influence on the reorganization of the HK company. The environment of HK company restructuring is changing, HK company is facing the change of the furniture market competition, the home demand of family has been upgraded, competitors adjust their strategies, the enterprise has broken the system of individual ability through into the system of winning. Secondly, the completion of HK company through special reorganization after the reorganization, the basis of tax is the "the notice of enterprise income tax in enterprise restructuring process"(tax [2009]59) of the relevant provisions. The corporate restructuring of HK company aims to achieve industrial upgrading, integration of similar business, enhance the utilization efficiency of financing capacity and funds, and hope to be able to apply for special tax preferential policies.3.Tax planning affects HK selecting the objects of the company reorganization. the choice of industry of restructuring about HK company under the tax planning, it according to the China’s preferential policies for business tax. The decision of enterprise reorganization is the first problem to be solved for the reorganization of the object. HK company’s reorganization selects the real estate industry, circulation industry and the financial industry as its object. The tax planning for HK company selects the objects of reorganization in order to save 563186800 yuan for restructuring.4. tax planning has an impact on selecting the way of corporate restructuring. The change of tax environment affects the way of corporate restructuring. The introduction of new accounting standards, providing a good protection of the laws and regulations for the tax planning in the enterprise merger and acquisition. The new law on corporate income tax, value-added tax transformation but also for mergers and acquisitions of enterprises tax planning to provide another line of thought. The acquisition of assets and equity are two kinds of company mergers and acquisitions’ mode, but there are significant differences. especially is the difference of tax. The HK companies take the way of equity restructuring, tax planning for the equity restructuring options of HK group has saved 324711900 yuan, and greatly saves the cost of restructuring.5.The risk of tax planning under restructuring including the policy risk before restructuring, risk of plan implementation, reorganization of the law enforcement risk and the business after the reorganization. According to the risk of tax planning, enterprises needs to adapt to the national tax policy and tax environment, the enterprise must evaluate the deference of tax planning before the tax planning, in order to seek the most suitable planning scheme. Give full consideration to the impact of policies and regulations on the way of restructuring, to keep the tax planning appropriate and flexible. To strengthen contacting with the tax authorities and the risk management of tax planning.