Research On Tax Issues Of Special Purpose Vehicle Of Asset Securitization In China

In the 1970 s,asset securitization originated in the United States,which is one of the most important innovations in the global financial sector.Unlike traditional financing methods,it is based on asset credit and is a structural structure supported by future cash flows of asset financing.Asset securitization has become a mainstream financial method in developed countries,such as the United States?the United Kingdom.It has also been widely used in Asian countries,such as Japan and South Korea.And has made huge contribution to the financial development and economic growth in these countries and regions.In addition to the introduction and conclusion,the paper is divided into five parts.The first chapter introduces the theory of asset securitization.It mainly introduces the connotation and function of asset securitization,the important participants in asset securitization and the organizational form of asset securitization SPV.The second chapter analyzes the SPV tax policy of asset securitization in China.This paper introduces several major tax principles that should be followed in China's SPV taxation in asset securitization;sorts out the tax policy of China's asset securitization SPV,and analyzes some problems in these policies.The third chapter analyzes the tax treatment of SPV in the asset securitization in China in the form of case.The fourth chapter introduces the tax treatment of asset securitization business in Europe,America and developed regions and countries,including the legislative level of asset securitization,the organization form of SPV and the reference to the improvement of SPV tax policy of asset securitization in China.The last chapter mainly focuses on unifying the SPV tax legislation of China's asset securitization and improving the taxation policies and tax collection and management of various taxes.This paper combines the latest VAT treatment methods for asset management products,and analyzes the handling of value-added tax on asset securitization SPV,and puts forward some suggestions for the asset taxation SPV tax treatment in combination with China's relevant taxation principles.Other researchers' innovations.