Study On The Tax Risk Management Of Xingyuan Business Chain Co., Ltd.

As the economy develops quickly, enterprises will be faced with a variety of risks ina changing environment and tax risk is an inevitable one. The thesis aims to prove thenecessity of tax risk management in company, to design tax risk management system forsolving tax risk, and to take the necessary measures with the tax risk management systemto fully hedge the company’s tax risk.Firstly, the paper defines risk and risk management, analyzes the reasons for tax risksand proposes that the tax risk management is a comprehensive management, staffmanagement philosophy. Tax risk management is comprehensive management includingnot only risk identification, risk evaluation and risk response management, but also riskmonitoring, risk awareness, organizational structure and so on. Tax risk managementconcerns all staff who need to participate and establish a sense of paying tax by law and anawareness of tax risk management which should be valued by every employee in anenterprise.Secondly, combined with the actual situation of the company, the paper analyzescompany tax risk from a different perspective, analyzing the main causes of the tax risk. Inorder to enhance tax management and corporate governance and promote an enterprise’svalue, enterprises need to lose no time in establishing a tax risk management system.Thirdly, based on the foundation and core of the tax risk management system for thecompany, the paper establishes the tax risk management for enterprises. The tax riskorganization system is designed to establish related posts and specifies job responsibilitiesfor a tax risk management organization system, from the viewpoint of an enterprise. Thetax risk management system is centered on the tax risk evaluation system. Tailored toenterprises’ practical situations, the paper designs a tax risk detection table to identify taxrisks and conducts comprehensive evaluations for individual items by using tax evaluationindices. The paper establishes the tax risk reporting system to report tax risks; andestablishes the tax risk monitoring system, strengthening of tax risk management.Finally, based on tax risk of company, the paper presents guarantee measures for thetax risk management system. Measures such as improving other Systems, improving the corporate tax planning risk control, establishing the company’s conception of paying taxesaccording to law, enhancing communication, and so on, are to be taken to help companyto improve the level of overall risk management.