Research On Tax Planning Of A Company Mergered B Company

With the continuous development of economy,enterprises need to search a breakthrough to improve their competitiveness and sustainable development capacity in the context of global competition,enterprises not only need to innovation of science and technology,also need to continue to explore in the business model.For China's enterprises,the use of industrial chain relations on its upstream and downstream vertical integration and horizontal merger and reorganization of the industry is undoubtedly the optimal model.The process of merger and acquisition of Chinese enterprises is speeding up,and the rules are becoming more and more standardized.Throughout the whole process of M&A,tax factors could be one of the important factors of success.The purpose of this paper is to balance the tax cost and M&A risk,to provide reference for the tax planning in the enterprise M&A,so as to maximize the enterprise value.This paper reviewed the study of the theory of the tax planning in the M&A,analyzes the development trend of M&A and the relevant tax laws,regulations and policies.This article adopts the method of combining normative research and case study,from the aspect of tax planning to research the M&A motivation,M&A financing scheme,selection of payment and tax risk in M&A.At the same time,this paper expounds the balance of the capital structure and tax planning of the enterprise after merger and acquisition.On this basis,this paper case with A group co.,LTD.Mergers and acquisitions B company as the research object,combing the investment links and financing aspects of tax theory,analysis of tax factors under different schemes with financial cost.Finally,combined with the case from the perspective of tax rational M&A scheme is put forward.Hope that through this article research on corporate M&A tax planning has a certain guiding significance.