The research of corporate finance has already developed for a long period in China and UK.Corporate finance has been influenced by lots of factors during its development, such as government policies, company, staff and one of the most important factors is taxation.Many researches have already been done by some experts who are interested in these influenced factors and some important theories have been admitted by the public.But there is still no one standard for the influence of taxation on corporate finance in theory area.According to the situation in both China and UK, the research of the influence of taxation on corporate finance need more time and more practices to complete.The study of my paper tries to examine the influence of different taxation strategies on corporate finance in China and UK by finding their corporate finance problems under their taxation and to find some solutions.Finally, some conclusions and recommendations will be given to the companies in China & UK.