{"product_id":"the-role-of-tax-law-chunyang-zhang-9789403537412","title":"The Role of Tax Law in Mergers and Acquisitions: A Chinese Perspective","description":"\u003cp\u003e\u003cstrong\u003eSeries on International Taxation, Volume 82\u003c\/strong\u003e\u003c\/p\u003e \u003cp\u003eThe economic value of China's mergers and acquisitions (M\u0026amp;A) market is exceeded only by that of the United States. However, China's rapid and somewhat chaotic economic transformation has made the task of taxing M\u0026amp;A transactions in a consistent and prudent manner difficult, leading to a patchwork of fragmented rules that are hard to grasp not only for taxpayers but even for tax professionals and tax officials. Responding to this complex situation, this groundbreaking book explores in detail how income derived from M\u0026amp;A transactions is taxed in China. Using empirical studies in order to provide a first-hand understanding of the context in which the tax law operates, the book critically examines China's income tax regime for M\u0026amp;A and, based upon this examination, sets out reform proposals.\u003c\/p\u003e \u003cp\u003eIn six informative chapters of great practical relevance, the author thoroughly describes and explains the intersection of such aspects as the following: \u003c\/p\u003e \u003cul\u003e \u003cli\u003e\n\u003cp\u003eM\u0026amp;A transactions in the eyes of tax law;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003edisparities between ordinary and special tax treatment;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003eeligibility for special tax treatment;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003eapplying taxation principles such as neutrality and equity;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003econtinuity of interest doctrine;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003estock acquisition versus asset acquisition; and\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003eadjustment to tax basis.\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eIn addition to its empirical research, the analysis makes use of an examination of the rules and theories on taxing M\u0026amp;A in other jurisdictions such as Australia and the United States as part of its proposed blueprint for improving China's M\u0026amp;A taxation.\u003c\/p\u003e \u003cp\u003eDrawing on commonly recognized taxation principles, this book definitively sets up the normative criteria for evaluating the income taxation of M\u0026amp;A and reveals the fundamental problems encountered by China's current regime. Its comprehensive analysis of the Chinese income tax rules for M\u0026amp;A and detailed disclosure of how they are both divergent from and convergent with that of some other major economies will prove of immeasurable value to in-house counsel for multinational corporations, business enterprises with interests in China, taxation consultants, taxation academics, and taxation authorities worldwide.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Chunyang Zhang\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 9403537418\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9789403537412\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Kluwer Law International\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 08\/08\/2022\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 248\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.16lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.21h x 6.14w x 0.63d","brand":"Chunyang Zhang","offers":[{"title":"Hardcover","offer_id":44080438116607,"sku":"9789403537412","price":132.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_620e47f6-d6c3-414e-8a56-33be4b06f65e.jpg?v=1685486780","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-role-of-tax-law-chunyang-zhang-9789403537412","provider":"WR Book House","version":"1.0","type":"link"}