부산대학교 도서관

Reviews the tax challenges facing mergers and acquisitions transactions in China, and how the regulatory regime may choose to address these. Discusses the commercial reasons for pre and post-acquisition restructuring, and the difficulties of obtaining corporate restructuring relief, including persuading the tax authorities that the transaction has "reasonable business purposes". Outlines how the existing transfer pricing regime hampers corporate restructuring, and anticipates possible reforms by the Chinese tax authorities.