资本经营以资本为基础,通过优化资源配置来提高经济效益的经营活动。它利用合并、分立等有效途径,使企业的资本投入取得尽可能多的资本收益。税收作为宏观经济中影响任何一个微观企业的重要经济因素,是企业资本经营中不可忽视的重要内容。有些企业甚至将取得节税收益当作其资本经营的直接动机之一。 Capital Management Capital-based business activities that increase economic efficiency through optimizing the allocation of resources. It takes advantage of the merger, separation and other effective ways to make the capital investment of enterprises to obtain as much capital gains as possible. As an important economic factor that affects any one micro-enterprise in the macroeconomy, tax revenue is an important content that can not be ignored in the operation of the enterprise’s capital. Some enterprises even regard the tax savings as one of the direct motives for their capital operation.