Y Company Tax Risk Internal Control Research

With the rapid development of economy and the advancement of national tax system reform, tax risk has become one of the major risk to the enterprise, and then identifying and controlling the tax risk has become an important part of the company's survival and development. Especially the tax scandal of the companies in our country has alarmed the company and make them aware of the importance of the tax risk. Besides, This exposed internal control of tax risk in our country's company are incomplete. In recent years, snack food processing industry has developed rapidly. But its tax environment and tax matters are being more complicated, and them focus on performance and ignore risks, which make the snack food processing industry is facing huge risk of taxation. In this context, this article selects Y snack food processing company as the research object, studies the internal control of tax risk, which is helpful to improve Y Company's internal control of tax risk and promote sustainable development of the Y Company's comprehensive. Therefore, it will help the whole snack food processing industry control of the tax risk.This paper uses normative analysis and case analysis research methods. Firstly, based on a comprehensive review of the domestic and foreign research about internal control of the tax risk, this paper summarizes the main content of internal control of tax risk. Then this paper chooses Y snack food processing company as the research object, and based on the actual operation of Y Company, analyze present situation and the causes of tax risk.This paper comes to a conclusion that there are certain tax risks in Y company, including raw material supply, product manufacturing, product sales and invoice management and its main reason is that the internal control of tax risk in Y company is not perfect, including weak tax risk consciousness, poor professional quality of the accountants and tax officials,defective tax risk internal control department, incomplete risk control process management,incorrect information communication mechanism,and the lack of supervision and improvement. Finally, on the basis of above analysis, this paper aims at solving the existing problem of Y company tax risk internal control. The main aspects are the tax risk internal control environment, tax risk assessment, tax risk coping, tax information communication and the supervision of tax risk internal control.