Research On Improvements Of Tax Risk Management Of W Insurance Company Based On AHP-Entropy Method

Since modern times,many well-known companies have been exposed for tax-related incidents.Among them,W Group had accepted tax inspection in 2008,leading to huge fluctuations in its share price.At the end of 2016,W Insurance Company,one of the subsidiaries of W Group,had received the instruction of self-examination,in which several problems related with tax risk still existed.Not only is tax risk in practice field more and more important,but also researches in theory field have gone further.It can be found that the study in tax risk management of W Insurance Company in this dissertation has both practical and theoretical value.Taking the W Insurance Company as the case study object,this dissertation elaborates the relevant literature reviews and theories in the way of normative research firstly,and draws the conclusion that tax risk needs to be payed enough attention.Secondly,it introduces tax-related conditions of insurance industry and W Insurance Company,analyzing the problems existed in tax management and the corresponding causes,which demonstrates that passively triggered tax risk management is very unfavorable for the control of corporate tax risks and it should be turned into initiative management.Also the key point of initiative management is tax risk assessment.So this dissertation takes how to establish a tax risk assessment system which is suitable for Insurance Companies as the research focus.Based on the“AHP-Entropy method",the tax risk assessment system can obtain subjective and objective weights.And then,using average value of the industry as benchmark,the tax risk level which has the warning function of W Insurance Company can be evaluated.It can be seen that the effective assessment of tax risk is beneficial to risk management for enterprises.Finally,several suggestions are put forward for the problems in tax risk management of W Insurance Company.Also this dissertation provides safeguard proposals for the application of“AHP-Entropy method",Moreover,suggestions are putting forward for the tax risk management system based on the 2017 new version of COSO-ERM framework.The innovation of this dissertation is that the tax risk assessment system has been specifically designed based on the taxation characteristics of the insurance industry,and the“AHP-Entropy method”is used to determine overall weights by subjective and objective weights.In addition,making suggestions based on the 2017 new version of COSO-ERM framework for the construction of tax risk management system is also an innovation point.However,this dissertation may not be comprehensive in the selection of evaluation indicators.There may also be some errors in the use of models.