Research On Tax Risk Management Of C Company

Following the pace of economic globalization,China’s market economy is changing day by day.In order to adept to the change of market demand,China’s Tax-related laws and policies will update constantly according to market changes.There is a lot of possibilities that enterprise tax risk happens if tax administration system and the control system of tax risk were not set up in the enterprise.Therefore,preventing and controlling tax risks has become a crucial topic in the development of enterprise.Researches were made through case analysis in this article.First of all,we had a review of relevant documents at home and abroad.Secondly,we explained the related concepts of tax risk.Then we introduced the basic situation,internal management and tax management of enterprise C,and made a summery and analysis about the existing questions of enterprise C’s tax management system.At last,we made up some suggestions on enterprise C’s internal tax management system.According to the study,the existing problems in the current tax risk management system of enterprise C are as follows:the lack of awareness of tax management,the lack of the environment of tax risk control,the imperfect process of tax risk identification and evaluation,the lack of an effective tax information communication system,and the lack of supervision system.The major causes are:enterprise have a weak awareness of tax laws and regulations,enterprise does not have a complete internal management organization,effective tax management administration wasn’t established in the enterprise,inappropriate management of regular tax-related matters,the lack of communications with tax authorities and tax intermediaries.Based on the above conclusions,corresponding suggestions for rectification were put forward.Strengthening risk awareness of tax laws and regulations within enterprises.Developing the inner management organizations of the enterprise.Establishing effective tax administration departments.Perfecting tax risk assessment system.Establishing internal tax exchange and communication information network.Perfecting tax risk avoidance strategies.Establishing tax risk supervision departments,etc.Improving tax system of the enterprise through pluralistic and multilevel management.The study results will be helpful for enterprise to have a better control of possible tax rise in each stage of the company’s operational activities.In the same time,it has benefit to the company’s future development and also offers reference in tax risk management to other companies in the same industry.