Asset Securitization Tax Research

The definitaion of asset is the capital of foresee tranquiliaztion cash which lack of liquidity, or asset was sold to special department SPV through arrangment, separation and capital income and risk recompose, build up the credit of capital, transferred to currency securities.then sale to investors of market. Asset securitization is mostly refer to sponsors, SPV, and investors, three parts. In our country, Asset securitization is still on its infancy, tax system lag it.However, tax determine the implementation and development of asset securitization, its tax leagal soundness relevant to asset securitization development in our country.Deficiency of tax leagal of asset securitization, caused iteration taxation, unperfet favorate tax policy, confusion tax system, which affect security and stability of asset securitization business. The establishment of asset securitization should combine the following four principles together, appropriate revenue, efficiency taxation, tax benefition and preventing the avoiding tax. As the piont the tax benefition and preventing the avoiding tax, base on the 3 parts's different funtions and charactors, It set up our tax asset securitazation tax system through learn from experience of western countries expecially America. First of all, it should be dinitude structure, and qualified SPV taxfree, preventing the iterance taxation; For the investor, it's more sound than previous two parts, although, favorate tax measurements still need to further crystallize. Finally, It's enhance the development of our asset securitization through a series of soundness and efficient plan.