Study On Tax Planning In Merger And Reorganization Of Real Estate Enterprises

With the high-speed development of today's market economy,the real estate industry increasingly fierce competition,many real estate enterprises have closed down,even the real estate giant put forward the slogan of "live",in this context,mergers and acquisitions become not only the way a small enterprise,has become a large enterprise,expand the scale of operation,is one of the important means of the combination.Enterprises can promote the self-development of enterprises through mergers and acquisitions.Although the taxes involved in the mergers and acquisitions of real estate enterprises are complex and the taxes involved are usually relatively large,there is also a large space for tax planning.A successful tax planning is conducive to reducing the tax expenditure of mergers and acquisitions,reducing the pressure on the cash flow of enterprises,promoting the successful completion of mergers and acquisitions,and also conducive to the maximization of the overall interests of enterprises.Therefore,it is of great significance for real estate enterprises to carry out active tax planning in M&A.Because the problem of merger and acquisition in real estate industry is very complex,this paper first introduces the concept of merger and acquisition,the types of merger and acquisition,and summarizes several motives for real estate enterprises to merge and acquisition,including land supply and demand,national policies and other reasons.In addition,the principles of tax planning for enterprises and the motives of tax planning for real estate enterprises are also discussed.The third part of this paper mainly introduces the possible tax planning points in the M&A of real estate enterprises in the way of M&A,the target of M&A,the choice of payment means and financing methods,and the integration link after the merger.It briefly analyses the impact of different choices on enterprises,analyses their advantages and disadvantages,and lays a solid theoretical foundation for the following analysis cases.Take the M&A of real estate and D real estate as an example,analyze the different tax burden caused by different M&A methods,payment methods,financing methods,and so on.Deeply understand the M&A scheme chosen by Z real estate in M&A of D real estate,analyze the effectiveness of the M&A,and provide some suggestions on tax planning in M&A and M&A.