Research on Legal Issues of Corporate Income Taxes in Corporate Restructuring
|Keywords||corporate restructuring corporate income tax legal issue empirical analysis|
Corporate restructuring is one of the main methods for a company to realize intensification and scaling as well as to enhance its market competitiveness. As China attaches great importance to Corporate restructuring increasingly, more and more scholars begin to notice the legal issues concerning Corporate restructuring. However, few scholars have systematical research on tax issues (corporate income taxes in particular) during the course of company reorganization, which does not accord with the restructuring tide in China. This article starts from this angle exactly, deals with the legal issues of corporate income taxes in Corporate restructuring, and carries out empirical analysis.Besides the foreword and concluding remarks, the whole article is divided into four parts. The first part is the elementary theory analysis to Corporate restructuring, which emphasizes the connotation and classification of company reorganization, specially analyses the theoretical basis of tax laws concerning Corporate restructuring. Through comprehensive analysis, the author concludes that the transaction behaviours during company reorganization shall be confirmed by paying taxes, yet such tax payment may be delayed when certain conditions stipulated in tax laws are met. The second part presents how China’s current tax law provisions regulate the business income taxes during Corporate restructuring and make empirical analysis, and on this basis futher analyse the perfection of current provisions compared with old ones. Part three particularly analyses the principal problems in the current income tax system for Corporate restructuring. The last part specially puts forward perfection suggestions on principal problems in income tax system in Corporate restructuring.