Tobacco Industry Tax Risk Management Study

In recent years,large-scale enterprises in various countries have continued to have tax problems,and various tax cases have been introduced.For example,the European Commission ruled that Apple used Irish law to avoid tax and demanded tax recovery and fines of several hundred billion US dollars.And Since 2004,Microsoft has been suing tax avoidance claims from domestic and foreign governments for paying taxes and levying corresponding fines.The reputation of the company has thus been affected.The famous "Enron Incident" not only led to the bankruptcy of Enron,but also caused the company to be jointly and severally liable for bankruptcy.The tax risk of an enterprise runs through all aspects of business decision-making,strategic planning,and daily business operations.Any problems in any link may trigger corresponding tax risks,causing huge economic losses and reputational impacts.The gradual recovery of the economic environment and the booming development of the domestic market have led to an increase in the market competitiveness of large enterprises in China.The influence on our country and even the global economy and society has continued to increase.Large enterprises have become the backbone of our national economy.However,due to the continuous improvement of tax administration and the inherent characteristics of large-scale enterprises,the tax risks faced by large-scale enterprises have also increased,and the tax environment has become more severe.Therefore,the prevention and control of risks is always better than coping,and strengthening the management of tax risks and establishing a good internal risk management process for tax risks has become an urgent task for large companies.This article focuses on the issue of tax risk in the tobacco industry.The first part elaborates the background and significance of corporate tax risk research,revolves around the research status of tax risk management at home and abroad,and summarizes the concepts,goals,and contents of tax risk and tax risk management,combined with domestic and foreign literature,and focuses on analyzing tax risks.The second part mainly elaborates the characteristics of the tobacco industry on financial management and tax treatment at the current stage,combines the status of the tobacco industry in China’s economic development and current policy conditions,and analyzes the future development direction and trend of the tobacco industry.The third part takes A Industrial Co.,Ltd.as an example to briefly introduce the company’s organizational structure framework,business processes and management methods,and analyzes the company’s related operational data in recent years to reveal that the company may exist.Tax risks,and correspondingly explain the reasons for similar tax risks from the perspective of the external environment and internal controlof the tobacco industry.Finally,mainly from how to use the business process reengineering in the tobacco industry and organizational restructuring and the establishment of a tax risk management system to analyze how tobacco companies conduct tax risk management and strengthen internal control,and then how tobacco companies collect tax risks It supplements explanations with supporting measures such as analysis,continuing education of financial staff,strengthening of tax-to-business exchanges,and how to play the role of intermediaries,with a view to achieving a stronger role in preventing tax risks for tobacco companies and reducing the losses caused by tax risks.