A Case Research On Tax Risk Management After Replacing Business Tax With VAT Of Y Real Estate Company

In May 2016,China began a comprehensive tax system reform: replacing the business tax with value-added tax.From then on,the real estate enterprises become VAT taxpayers.The tax system of VAT is relatively complex,enterprises may act some tax-related illegal activities.At the same time,the means of tax collection and management of our tax authorities have become more and more mature,and the ability to investigate and punish tax-related illegal activities has been significantly enhanced,Real estate enterprise tax risk management has become particularly important.Henan Y Real Estate Company is a local real estate enterprise in D City of Henan Province.This company has played an active role in promoting local economic development,urbanization and other aspects.With the full implementation of “the business tax with value-added”,Y Real Estate Company inevitably involves in some problems of tax risks.At present,tax risk management has been recognized by many scholars and enterprises as an effective means to deal with tax risks.This paper starts with the idea of how to carry out tax risk management in real estate enterprises after this tax system reform.By using the methods of literature collection,case analysis and data comparative analysis,this paper chooses the similar research of domestic and foreign scholars as the theoretical basis.Firstly,this paper enumerates some existing tax risks of Y Real Estate Company in the aspects of tax-related business handling,accounting method,management of invoice and so on.Then,using the model of tax risk assessment for enterprises by tax authorities,combining with the financial indicators of Y Real Estate Company,exploring some tax risks it exists.Secondly,based on these risks,this paper analyzes in detail the factors that lead to tax risks from the external environment and internal environment of enterprises.Finally,based on the research on the tax risk and risk causes of Y real estate company,the paper summarizes the existing problems of tax risk management of Y real estate company,and provides positive and feasible suggestions to improve the tax risk management of this real estate company.