论文总字数：16932字

摘 要

在股权激励的实施过程中，由于政策及制度的不完善或是上市公司出于避税的目的，必然会产生相应的税收风险。所以分析股权激励产生的税收风险无论是对政府还是对上市公司都十分必要。

既然是对政府和上市公司都有必要那么就需要从两个角度去思考分析股权激励的过程中到底会给双方带来什么样的税收风险。首先应对什么是股权激励以及什么是税收风险进行理论上的界定。其次从两个不同的视角对该风险进行分析，第一是从上市公司角度看股权激励过程中，相关的税收政策会释放什么样的信号，会不会因为监管过度造成税负过重；亦或是会不会因为有关的政策不到位反而会造成股权激励的效果不明显；甚至是会不会在对股权激励征税的过程中产生重复征税、政府寻租等现象。这些都是值得思考的问题。另一方面，上市公司在股权激励的过程中会不会借此避税甚至偷税漏税，这也是从税收征管部门的角度需要面对并解决的。同时，政府的姿态该如何摆正，如何有效的利用相关税收政策去引导上市公司好好运用好股权激励这把双刃剑；如何才能保证既要达到预定的税收目标又要让企业良好健康的发展，这都是摆在我们面前的问题。本文在接下来的论述中也将逐一探讨并试图给出浅显的见解。

股权激励作为上市公司近年来激发员工创造性、搞活企业的一个重要手段，在其运用过程中不可避免的会与纳税征管打交道，所以必然产生相关之税收风险。但只要做好风险分析并对此完善相应的风险管控机制，便能够处理好、解决好、应对好上市公司在股权激励的过程中产生的此类风险。

关键词：上市公司；股权激励；税收风险

Analysis on Tax Risk of Equity Incentive of Listed Companies in China

Abstract

In the process of implementation of equity incentive, as a result of the policy and the system is not perfect or is a listed company for the purpose of tax avoidance, will produce the corresponding tax risk. So the analysis of equity incentive of tax risk either to the government or to the listed companies are very necessary.

Since it is for the government and the listed companies are necessary then from two angles to think process analysis of equity incentive in the end will bring about what kind of tax risk to both sides. But first, or the first of what is and what is the risk of tax equity incentive to do some theoretical definition. Then it is necessary to analyze the risk from two aspects, the first is the process of equity incentive of listed companies from the perspective of the tax policy will release what kind of signal will not be because of excessive regulation caused by heavy taxes; or will the result for the relevant policy is not in place but will cause the equity incentive effect is not obvious even. Will have to double taxation in the process of tax equity incentive, government rent-seeking and other phenomena. These are worth thinking about the problem. On the other hand, the listed companies in the equity incentive. In the process of tax avoidance will not take even tax evasion, which is from the angle of tax administration departments need to face and solve. At the same time, the position of the government how to straighten out, how to effectively use the tax policy to guide the listed companies to use equity incentive is a double-edged sword. How to ensure the development of both to achieve revenue target and the book let the enterprise of good health. This is the question before us, this paper in the following discussion will also discuss and try to give an opinion.

The equity incentive of Listed Companies in recent years as stimulating creativity, an important means of management of enterprises, in the process of applying inevitably and dealing with the tax collection, it will produce tax risk is also expected. But as long as do the risk analysis and the corresponding risk control mechanism, will be able to handle, solve well, have good response to the listed companies in the equity incentive of tax risk.

Key words: listed companies; Equity incentive; Tax risk

目 录

摘 要 I

Abstract II

第一章 绪论 1

1.1研究背景 1

1.2研究目的及意义 1

1.3研究方法 1

1.4论文框架 1

第二章 文献综述 3

2.1国外文献综述 3

2.2国内文献综述 3

第三章 股权激励以及税收风险的相关理论 4

3.1股权激励的有关理论 4

3.2税收风险的有关理论 4

第四章 现行股权激励税收政策及存在的税收风险 5

4.1现行股权激励税收政策 5

4.2从上市公司视角分析会产生的税收风险 5

4.2.1税负过重导致股权激励效果减弱 5

4.2.2大股东低价转让股票导致重复征税 5

4.2.3在行权或解禁时纳税引起现金流短缺 6

4.3从政府视角分析会产生的税收风险 6

4.3.1股权激励税收优惠政策有适用局限 6

4.3.2股权激励税收政策优惠力度不足 6

4.3.3制度缺陷导致企业故意避税 7

第五章 股权激励税收风险实例 9

5.1风险描述 9

5.2风险分析 9

5.3风险管控 10

第六章 关于减少股权激励税收风险的相关建议 11

6.1政府层面 11

6.2上市公司层面 11

结 论 13

致 谢 14

参考文献(References) 15

第一章 绪论

1.1研究背景

随着国家大力鼓励全民创业，无论是在官方还是在民间都掀起了一股大众创业的热潮。在一波又一波的创业潮中自然涌现了一大批优秀的公司而新三板的火热也让众多的新兴公司成了上市公司。而与此相适应推而广之的就是在企业股改过程中的员工股权激励方案。在员工股权激励方案的设计推行过程中，如何实施有效的税收风险成本控制是设计者必然要考虑的核心要素之一。

1.2研究目的及意义

分析上市公司股权激的税收风险主要目的可以分成两个角度来看。

首先，从上市公司自身的角度来说。通过分析股权激励产生的税收风险能有效了解上市公司在发展的进程中如果需要通过股权激励达成对员工的激励目标会面临何种风险；包括在企业持续经营过程中应如何应对此类风险。

剩余内容已隐藏，请支付后下载全文，论文总字数：16932字