On Perfection Of Income Tax Rules For Debt Exemption Of Bankrupt Reorganization Enterprises

In the "post-EPIDEMIC era",in order to effectively alleviate the economic downturn,the state has issued a series of economic recovery incentive policies,in order to stimulate the vitality of market players,give full play to the enthusiasm and initiative of enterprises to optimize the market economic environment,so as to reduce the impact of COVID-19 on China’s economic system.In this context,a batch of high-quality enterprises due to the economic environment,supply and demand changes and other factors,have embarked on the road of restructuring,they hope to seek their own "rebirth" through bankruptcy restructuring.Due to the particularity of reorganization procedure,enterprises will be restricted by many factors in the process of reorganization,and the tax issue of bankruptcy reorganization is one of them.With the continuous application of restructuring system in practice,restructuring of corporate tax burden has become a major obstacle on the road of enterprise rebirth.For restructuring enterprises,in order to achieve the revival of enterprises,creditors will more or less make debt exemption,and according to the current legal norms,The restructured company,which is the debtor,has to pay a large corporate income tax on this portion of the exempted debt.As we all know,the reorganization of enterprises is different from the normal operation of the enterprise,its operation and debt paying ability will often be greatly reduced,and at this time the hasty tax,will undoubtedly increase the tax burden of enterprises,for the smooth implementation of the reorganization of great obstacles.In the field of bankruptcy reorganization,especially the income tax method of debt exemption,China has not formulated special provisions at present,only referring to the rules of enterprise reorganization business,which greatly reduces the efficiency of restructuring system,is not conducive to the realization of the goal of saving enterprises.As for how to complete the corporate tax collection system,the academic community does not yet form a unified design,and it has solved the tax burden of the enterprise by establishing a special income tax reduction model.Then,the body started from the "reorganization trouble" phenomenon,and analyzed the existing law and the present state of application,and analyzed the cause and the cause of the trouble and the problem.This paper attempts to develop a general course of the reform of the corporate debt income tax exemption system,to design the system for the reduction of the corporate debt income tax,to propose a substantial proposal for reform and to propose a proposal for the reform of the corporate debt income tax reduction system.The enforcement of this detailed rule ensures that the act of "law enforcement" etc.can be ensured,prevented,and the relevant measures are completed,and the corporate tax reform is appropriately reduced,and it is useful for the reproduction of the enterprise,and the law fusion between the bankruptcy law and the tax law is promoted to some degree.Optimizing the socialist modernization bankruptcy law system.