Research On Tax Planning Of Listed Company M&A

In recent years, with the deepening of Chinese economic system reform and the gradualmature of market economy, mergers and acquisitions among enterprises are more frequent. Inthe process of M&A implementation, the listed company should fully consider the influenceof taxation and combine M&A stages with tax planning, so as to reduce the M&A cost and torealize the purpose of benefit maximization of M&A. At present, in our country, both theoryresearch and practice operation of listed company M&A tax planning are just starting out. Themacro taxation environment and the corresponding tax laws and policy that it faces is alsoconstantly improving and developing. Therefore, it is very necessary to further study the issueof listed company M&A tax planning for listed company conducting effective and reasonabletax planning work in the process of M&A implementation.The paper treats the listed company M&A tax planning strategy choice as the main body,and applies these methods including induction, comparison analysis, combining qualitativeanalysis with quantitative analysis, etc. From the two aspects of related main taxes and M&Astages, analyze the tax planning of listed company M&A, and test and verify the tax planningstrategies of listed company M&A combining with specific case. Firstly, the paper inducesdomestic and abroad related articles, extracts the typical research point of view andsummarizes relevant basic theories on listed company M&A and tax planning. Then, analyzethe status of listed company M&A, the internal and external environment of tax planning andcost and benefits of tax planning early. Under the theory auxiliary and analysis work, from thetwo aspects of related main taxes and M&A stages, analyze the planning strategies choice.Related main taxes planning refers to the tax planning carried on added-value tax, businesstax, consumption tax, income tax, deed tax, stamp tax and land value added tax. Main M&Astages planning refers to the tax planning carried on the stages of target selection, tradingmode selection, financing mode selection, accounting method selection and integration afterthe M&A. Analyze the risks of listed company M&A tax planning and put forward thespecific control measures. At last, test and verify the tax planning strategies of listed companyM&A in terms of A pharmaceutical co., LTD M&A activity.