When enterprises go into liquidation according to the Corporations Law and the Enterprise Bankruptcy Law, they need to do with the Corporate Income Tax problems related to liquidation income, liquidation income tax and dividend distribution. In addition, the transfers for lands, buildings as well as property rights, bonded debts and other transactions are related to Land Value Increment Tax, Deed Tax and other tax problems. Because of the numerous assets and accounts, liquidation will always cost considerable time and energy, especially when related to the fixed assets that have high value and have been used for a long time. An irrational liquidation schemes will not only lead to prolonging the liquidation’s time and increasing liquidation’s hardness, but also cause risks on commercial benefits and recognition of tax authority. It will bring more benefits to plan liquidation and coordinate in advance step by step. Hwuason Law Firm will help enterprises make feasible program based on professional evaluation for condition of assets as well as claims and debts to avoid risks and gain benefits.

Our services include:

• Control compliance during assets disposal and tax policies’ operation
• Evaluate the influence which is caused by each mode of assets disposal
• Control realizable value, sound value and transaction value.
• Select the forms of equity allocation
• Coordinate the liquidation of claim and debt
• Offer professional ways to do with tax problems in modification of accounting principles and policies
• Offer accounting and tax treatments on accrued expenses and deferred expenses of long-term business, intangible assets and so on.
• Offer tax treatment and third-party witness on deficit coverage and finial settlement
• Tax management on surplus property distribution and property transfer