Kingfa Corporate Tax Risk Identification And Prevention Research

Since the party's 18 th National Congress,China's economic and financial situation has undergone profound changes.Economic development has entered a �new normal�,shifting from high-speed growth to medium-high speed growth,and the economic structure has been further optimized and upgraded,moving from factor-driven and investment-driven to innovation-driven.Faced with the problems existing in China's fiscal and taxation system under the new normal economy,it is urgent to establish a modern fiscal system.In the face of the wave of tax reform,enterprises must bear the pressure of tax reform and the tax burden.Also frequent changes in policies,laws,and regulations before and after the tax reform also make corporate tax risks more difficult to control and prevent.Based on the above background,this paper takes the subject of "Kingfa enterprise tax risk identification and prevention" as the theme,and takes the "tax risk" related theories as the basis for case analysis and research.The article is divided into two parts: the basic case and the case analysis.The first part of the basic case mainly introduces the Kingfa company's business profile and tax-related conditions;the second part is a case analysis,mainly to identify the Kingfa company's tax risk,risk analysis and Propose appropriate countermeasures.Firstly,identify the Kingfa enterprise tax risk in the production process by means of the production process and financial index analysis.After combing the possible tax risk points in the business process,use relevant methods and methods of the tax assessment system to Kingfa enterprise.The internal taxation risk of the company's internal management and production and operation,as well as the tax risks involving more value-added tax and corporate income tax are deeply identified;secondly,the causes of the enterprise's tax risk are analyzed based on the results of risk identification,and the risk is summarized.The reasons for weak management awareness,flaws in risk management systems,poor communication of tax information,and low professional standards of tax-related personnel;Finally,for the above reasons,it is proposed to further enhance the awareness of management and employees on tax risks and improve the macro tax environment.The coordination ability and supervision,strengthen tax information communication and feedback,improve the tax risk management organization and its management mechanism,improve professional standards of tax-related personnel to reduce risk-taking activities and other risk prevention countermeasures.