The Study On Tax Planning For Merger And Acquisition

With the global economic integration and entering into WTO for China, competition has become more and more intense. How to be a winner in this environment? Chinese enterprises should carry on strategic recombination and the arrangement of resource. Merger and acquisition is an effective expansion means from product to capital management, it is also becomes the main way of enterprise reorganization. Now, enterprises are more and more concerned about tax planning----- the important components of merger and acquisition finance. Effective tax planning can help reduce costs, and reach the largest profit after tax. In the long run, it can make merger and acquisition more scientific and impel the behaviors of enterprises more rationally. But in our country, the studies on tax planning for merger and acquisition haven't formed systematic and mature theories. Therefore, out sprouts this thesis which aims to study tactics of tax planning for merger and acquisition. The thesis aims to helping enterprises to upgrade the idea of paying taxes.The main body of the thesis is divided into five chapters:Chapter one is about elementary theories of tax planning, including the concept, principle, risks and the arrangement of risks.Chapter two is about the relation of merger and acquisition and tax planning. Firstly, it elaborates the elementary theories of merger and acquisition, including concept, type and process. Secondary, it analyzes the motivation of the enterprise to tax planning on merger and acquisition. Thirdly, it introduces some laws about the tax in merger and acquisition. Finally, it analyzes the possibility of tax planning on merger and acquisition.Chapter three is about the practical operation of tax planning before merger and acquisition. It mainly refers to the choice of the objective enterprise to merger.Chapter four is about the practical operation of tax planning during merger and acquisition. It includes choosing transaction method of merging, choosing the way of funding, choosing the accounting treatment method of merging.Chapter five is about the practical operation of tax planning after merger and acquisition. There are two aspects to plan, one is the reorganization of the enterprise, the other is the sales of the used properties.