Taxation Issues and Taxation Policy in Asset-backed Securitization Business

Asset-backed securitization is one of the most advanced financial tools in the world. At present, the development of Chinese asset backed securitization is still in the beginning phase, lacking practical experience. The taxation technique is not so consummate to sustain asset-backed securitization .That is an issue for the expansion of ABS financings in China. On the basis of drawing on successful experience of securitization in developed countries,this paper focuses on taxation issues and taxation policies of asset-backed securitization. With a consideration of the characteristics of asset-backed securitization,this paper proposes some suggestions .