Research On Tax Risk Management Of C Construction Company Based On Internal Control Perspective

Due to the complex characteristics of the construction business,long production cycle,and widespread cross-regional operating phenomena,the tax risks of enterprises are high.Therefore,construction companies are often the key targets for monitoring by tax authorities.With the introduction of various tax reform measures,especially a series of tax reforms such as “reform of the camp” and personal income tax,the tax provisions are numerous and complicated.Although this reform has effectively reduced the problem of repeated taxation,for the construction industry,due to policy changes,the company's tax status,reporting methods,calculation basis,invoice management,and contract management have undergone fundamental changes,and cost accounting is more complicated.The tax risk is rising.It is more difficult for construction companies to adapt to the tax reform and fully grasp the tax policy.At the same time,the “Golden Tax Phase III” is merged with the national tax,the tax information is shared,and the tax collection and management links are strict,transparent and standardized.Therefore,the tax risks of construction enterprises are more prominent.Under the influence of internal and external factors,if enterprises do not pay attention to tax risks,they will face serious economic losses and reputation losses,which is not conducive to the long-term development of enterprises.The business objective of the enterprise is to pursue the maximization of economic benefits.In the face of tax risks that may damage the economic interests of enterprises,enterprises should conduct effective tax risk management to avoid losses.First,tax risk management can reasonably ensure that enterprises reduce their tax costs to achieve their business objectives.Effective tax risk management can reduce the economic losses caused by tax risks and increase the profits of enterprises.Second,if enterprises conduct reasonable and effective tax risk management,they must always keep abreast of the latest tax policies of the state,which will help enterprises to allocate resources to the policy direction of national support and encouragement,so as to carry out scientific investment and technological improvement.In order to improve the competitiveness of enterprises.Third,enterprises can reduce illegal risks and reputation losses through tax risk management,and ensure the reputation of enterprises in society.Effective internal control can ensure the efficiency and effectiveness of business operations,ensure the authenticity of corporate reports,avoid fraud,ensure that enterprises conduct effective tax risk management,and ensure the healthy development of enterprises.However,the construction enterprises are large,the management does not pay enough attention to internal control,the internal control system is not perfect,there is no reasonable and effective tax risk assessment mechanism,and the scientific supervision and evaluation mechanism.Many internal control regulations are only in the form,not To effective role.For tax risks,companies often ignore ex ante control and implement measures when tax risks actually occur and companies face losses.Therefore,in order to control tax risks,enterprises must establish an effective internal control system.C Construction Company is a typical construction enterprise in the industry.Its main business is construction and installation business and real estate development business.C construction company has most of the construction enterprises are facing tax risks,and its internal control system is not perfect enough.The construction company has a strong representative meaning for the research object.Therefore,in order to help enterprises better avoid tax risks,this paper uses literature research method,case analysis method and comparative research method to conduct tax risk management research on C construction company based on previous research.This paper introduces the basic information of C Construction Company,the status quo of internal control,the tax risks faced,and then finds the internal and external factors that lead to the tax risk of C Construction Company according to the internal control defects and tax risks of C Construction Company.In addition,this paper selects two other large construction companies in the same industry as C Construction Company,and introduces its experience in the construction of tax risk internal control worthy of C construction company.Combined with the analysis of C building company's internal control defects,tax risks and external experience,under the COSO internal control framework,it proposes to optimize the internal control environment of tax risk,establish an effective tax risk assessment system,and strengthen tax risk control activities.Five suggestions for constructing tax risk information and communication mechanism and establishing a reasonable tax risk supervision and inspection mechanism have certain guiding significance for the construction enterprise tax risk management.