Research On Sunflower Pharmaceutical Group Tax Risk Management

The pursuit of profit maximization is the destination of enterprises development,which is certainly contradictory to the characteristics of revenue-unpaid,compulsory and stationary.It will incur the tax risk.Under national economic transition,Sunflower Pharmaceutical Group enlarges its scale continuously and owns a multi-industry and territorial group system business pattern.Revenue runs through every part of production and management,which will become an important factor of after-tax profit maximization.Management of tax risk will be important content and core link of business management,and become effective means to make value maximization,improve core competitiveness and improve development continuously,which has the direct related to management order.Therefore,how to reduce the tax risk became a difficult problem to be solved.This article first reviewed the concept,causes,management and prevention of tax risk Chinese and foreign scholars researched.Afterwards,according to present management situation of Sunflower Pharmaceutical Group,this article divides the types of tax risk,analyses the factors causing tax risk,describes current situation of tax risk management and summarizes potential problems of tax risk management,risk cannot be effectively resolved because the concept of tax risk management lags behind as well as the lack of coordination mechanism,specialized agencies,risk management system,once a subsidiary or division tax problems happened,will spread to the whole group,may result in significant financial losses,even affecting the reputation of the group.Finally,in order to accelerate stable development and reduce tax risk of Pharmaceutical enterprises,this article through the establishment of tax evaluation index promotion strategy and sets solutions of tax risk management system as following four aspects:completing basic environment of tax risk,checking tax risk point,establishing Tax assessment index system,strengthening the control of tax risk management and building open tax risk information and a combination of inside and outsidetax supervisory mode.