资产证券化下税收问题的比较研究

资产证券化是实现某些债权流动性的金融工程。明确资产证券化在相关环节中是否需要承担以及承担多少税收负担,对于其发展及价值评估迫切而且必要。本文分三部分,在纳税环节角度的分析中提出了在资产证券化3个纳税环节中的税收问题;在纳税主体角度的分析中对中外资产证券化操作3个纳税主体的税收问题进行比较;最后分析了我国资产证券化中存在的问题并提出相应的对策。

Securitization is a kind of structured finance to liquid some ill - liquid assets from issueing asset - back securities. Why and how much tax should it burden is one of the key questions for the valuation. There were three parts in this article, it mentioned the material tax questions from the point view of taxpaying; analysed and compared seeuritizational tax questions in different countries from the point view of taxpayer; put forward some suggestions in the last part.