중소기업의 구조조정 촉진을 위한 세제지원방안

Abstract

The tax incentives for the corporate restructuring are basically provided to all businesses that meet the given objective conditions. Accordingly, the tax system on the corporate restructuring should be applicable to the small and medium enterprises. But it should be considered that transaction costs of the small and medium enterprises might be higher than those of large enterprises because of the lack of operation resources that promote the market conversion, improvement in productivity, making into a high value-added business, diversification of business, and conversion of business. Thus, the corporate restructuring for small and medium enterprises should follow the taxation on corporate restructuring in principle, but could additionally receive the tax incentives for the reduction of transaction costs. However, if, even in this case, the character of corporate restructuring is the corporate reorganization such as merger, division, investment in kind, the taxation on corporate restructuring should convert into ordinary system. On the other hand, the character of corporate restructuring is the disposition of property or share, or the improvement of financial structure, the tax incentive system on corporate restructuring should be abolished except unavoidable cases.