Research On The Coordination Of China's Enterprise Restructuring Tax Policy

Enterprise restructuring is an important means to promote the upgrading of industrial structure and optimize the capital structure.It can effectively strengthen resource integration,achieve rapid development,and enhance the competitiveness of enterprises.It is currently solving the problem of China's severe overcapacity,adjusting and optimizing the industrial structure,and improving the quality and efficiency of development.Important way.According to the statistics of wind database,China's domestic M&A transactions in 2015-2018 exceeded 2.5 trillion yuan/year,and the number of transactions exceeded 5,000.Domestic M&A is mainly based on domestic M&A,and China's M&A and reorganization has further developed,quantity and scale.It has also gradually expanded,and the form has become more diversified and complicated.However,the inconsistency between the taxation policies of various tax types in China has seriously affected the completion of the restructuring practice.The restructuring transactions of Yufeng Real Estate Company and SDIC Zhonglu and other companies were terminated due to the heavy tax burden caused by the uncoordinated restructuring tax policy.Therefore,it is imperative to resolve the uncoordinated reorganization policy and establish a unified and coordinated restructuring tax system.The logic of this paper is also about the coordination of corporate restructuring tax policy.This paper first analyzes the coordination theory of restructuring and restructuring policies.The coordination of restructuring tax policies plays a necessary and important role in corporate restructuring.It is the logical link between China Unicom's corporate restructuring and various tax restructuring policies,and is a reconciliation agent that regulates the contradiction between various tax types and restructuring tax policies.Only by establishing a coordinated and unified taxation system can the enterprise restructuring practice be successfully completed.After sorting out the evolution of tax policies for various tax types and analyzing the types of transactions that are currently applicable to various tax restructuring policies,the study found that some of the current restructuring tax policies are not coordinated,and the uncoordinated classification and causes.At the same time,with the transfer of assets of Yufeng Real Estate Co.,Ltd.and the case of Sinopec Zhonglu Assets Reorganization,further analysis and analysis of some of the uncoordinated taxation policies and their specific performance.In the fourth chapter,it summarizes in detail the uncoordinated and negative effects of the six aspects of China's current restructuring tax policy: there are differences in the definition of the concept of reorganization policy tax,the lack of some types of transactions between taxes,and the application conditions do not match the reorganization practice.The economic benefits of the same business tax treatment imbalance,the regulations are fragmented,and the regional tax authorities understand and implement inconsistency.In the chapter on the regulation and improvement of the reorganization of taxation policy,this paper combines the basic principles of tax law,the principle of tax law interpretation and the principle of deferred taxation,and proposes six suggestions for improving the reorganization policy for the six uncoordinated defects: standardizing the inter-tax restructuring policy.The definition of the concept,the type of reorganization transaction that is lacking in the taxation,the applicable conditions of the reorganization and reorganization,the reorganization of the practice,the balance of economic substance,the same reorganization transaction treatment,the integration of various tax reorganization policies to improve compliance,and the unification of the understanding and implementation of the inter-regional tax bureau.The research topic of this paper is the coordination of various tax reform tax policies in promoting the practice of restructuring,mainly using the combination of theoretical policy analysis and case analysis.Compared with the study of single tax restructuring policy,this paper also studies the small taxes such as land value-added tax and deed tax,and examines the rationality of the current restructuring tax policy from the perspective of cross-tax,and also deepens the legality of the concept of restructuring.Research.In the coordination of various tax restructuring policies,this paper has made a useful exploration.