【作者】 林渝；

【导师】 陈汉文；

【作者基本信息】 厦门大学 ， 工商管理， 2009， 硕士

【摘要】 本文以并购国外持有油气资产的公司为假设前提,深入探讨影响收购价格的主要的影响因素与收购价格的确定、如何在税务负担与补偿间权衡的税务筹划,从纷繁零乱的实践中找到基本的应对原则,从而为中国企业“走出去”获取海外油气资源提供有益的启示。本文共分四章。第一章阐述论文选题的意义;第二章主要对收购海外油气资产公司的基本依据—石油合同进行简要介绍;第三章围绕油气资产价值与价格的确定这些财务问题展开论述。第四章围绕收购过程中的重要税务问题:主权国与注册国的税款抵扣、预扣税的考虑、主权国纳税影响因素、石油特别收益金、R系数在税务上的考虑、税务补偿进行阐述。最后结合石油行业特色,指出良好的财税尽职调查、收购合同的条款、税务筹划框架为保证项目收购以及其后运营成功奠定坚实的基础和保障。本文的基本观点是长期看,油气相关的并购数量和规模将日益扩大,油气资产的并购因其行业特点和一般涉及多个国家的交易框架,其并购过程中石油合同条款的条件和限制以及税务框架同样是决定价值的重要因素,由此前期的尽职调查与税务筹划对于收购中资产价值的确定和今后的运营非常关键。更多还原

【Abstract】 This paper takes mergering and acquiring companies which hold oversea petroleum and gas property as an assumption, discusses the main factors which influencing the purchasing price, the determination of the purchasing price, and the tax planning regarding the trade-off between the tax burden and the compensation, finding the fundamental dealing principle from the numerous and complicated practice; therefore, provides the beneficial insights for Chinese enterprises " going out" to gain the oversea petroleum and gas resources.The dissertation includes three parts with five chapters. PartⅠ(ChapterⅠ) introduces background and purposes of this research. PartⅡincludes ChapterⅡ,Ⅲ, andⅣ.ChapterⅡbriefly introduces the petroleum contract which is the fundamental basis of acquiring the oversea petroleum company. The third chapter discusses the financial issues like the valuation and price determination of the petroleum and gas property. The fourth chapter focusing on the important tax issues in the acquisition, elaborates the tax deductions between the Sovereign State and the State of registration, the consideration of the with-holding tax, the tax impact factors of the Sovereign State, Special oil gain levy, the consideration of the R factor in taxation, and the tax compensation.In PartⅢ, the fifth chapter combines characteristics of the petroleum industry, states that the well financial and taxation investigation, the acquisition contract terms, and the tax planning framework are the foundation and guarantee of the acquisition and the successful operation thereafter.The basic view of this paper is that, in the long term, the quantity and scale of the petroleum acquisition will expand gradually. Because of the characteristics of the petroleum industry and the transactions framework which involves many countries in general, the conditions and constraints of the petroleum contract terms and the tax framework are important factors of the valuation; therefore, the due diligence, and the tax planning during the prior period are very important for the acquisition and the successful operation thereafter.更多还原