Reserach On The Tax Planning Of Merger And Acquisition Of Guotai Group

As a basic industry in China,civil explosion industry plays an important role in economic development.With the increasingly fierce market competition,some civil enterprises choose merger and acquisition integration mode to expand the scale of enterprise operation and enhance the effect of scale economy.Tax burden is an important part of transaction cost in the process of civil explosive enterprise merger and acquisition.In order to save the tax cost and maximize the profit after tax,civil explosive enterprises pay more and more attention to the tax planning in the process of merger and acquisition.Therefore,this paper takes Guotai group as an example to study the important theoretical and practical significance of tax planning of mergers and acquisitions.Firstly,based on the domestic and foreign literatures on M&A and tax planning,this paper studies the motivation and planning of M&A in Guotai group by referring to relevant theories of m&a tax planning.Then,from the perspective of asset acquisition and equity acquisition,the income tax and value added tax of Guotai group's acquisition of Jiangtong civil explosion are planned and studied,and the tax costs of the two acquisition schemes will be compared,and the optimal scheme with moderate M&A costs and risks is selected.Secondly,from the perspective of general tax treatment and special tax treatment,this paper studies the tax planning of Guotai group's asset acquisition and equity acquisition of Weiyuan civil explosion,and compares the results of merger and acquisition tax planning to obtain the optimal plan of Guotai group's merger and acquisition of Weiyuan civil explosion.Finally,the thesis makes a horizontal comparison of the planning schemes ofmerger and acquisition of Jiangtong civil explosion and merger and acquisition of Weiyuan civil explosion,and proposes a tax planning scheme.