Research On Tax Planning For Corporate Restructuring

Corporate restructuring is the inevitable outcome of market economy development.It is also the important way to improve industrial structure and optimize the allocation of resources.The restructuring can effectively realize the accumulation of capital and can offload non-core assets.At present,China's economy is in the transformation period.Corporate restructuring has become an important way to support the real economy used by the capital market.Therefore,more and more corporations treat restructuring as the important means of enhancing the competitive force and making strategic adjustment.Corporate restructuring is a complicated systematic project which includes tax factors through the whole process.In order to give full play to the role of restructuring in promoting the economy,all tax categories have preferential policies for restructuring.Starting from the basic principles,this paper adopts the methodology of the combination of normative research and case study.Firstly,this paper comprehensively analyzes tax policies used in the restructuring.Policy summaries and planning key-points of income tax,value-added tax,land value-added tax and contract tax are given one by one.Secondly,combining different methods of restructuring,this paper further analyzes the policy key-points and planning skills of merger,stock purchase,asset purchase,separation and debt restructuring.Related small cases are also introduced to quantitatively calculate the tax cost of different schemes in the methods of comparative analysis,which shows the role of tax planning.In addition,the acquisition case tax planning analysis of A AutomobileParts Co.,Ltd.Integrates theory with practice,and combines the tax planning methods for restructuring into the case,analyzes different restructuring schemes which can be adopted,clarifies the complete design idea of the tax planning scheme,gives taxation arrangements and risk warnings of different schemes,and summarizes the specific analysis and calculation methods of tax costs in the restructuring process,making the tax policy used in a good and flexible way.From the practical research in this paper,we can find that the design of the tax planning schemes for restructuring should take account of various tax categories,consider the overall tax cost of the corporation,design planning schemes from the perspective of the corporation's strategic development,and pay attention to the pre-design of restructuring scheme and the coordination between departments.China's tax policies should be used flexibly for timely adjustment of the scheme.Effective tax planning can help corporations to maximize the restructuring gain.