Problems And Countermeasures Of Tax Risk Control Of PG Company

In recent years,the government has made constant efforts to explore preferential tax policies to support and guide the development of high-tech enterprises led by scientific and technological innovation,improve their scientific and technological level,and enhance the national strength.With the continuous improvement and development of the tax system reform and the steady implementation of the tax reduction and fee reduction policy,PG company can invest more capital in the market and grow stronger in the industry competition.However,in the face of the constantly increasing tax preferential policies,the company often fails to fully and completely interpret the relevant policies,and does not know how to fully combine the production links in the operation process with the tax preferential policies involved,thus resulting in tax risks.Similarly,with the further implementation of the large-scale tax reduction and fee reduction policy,PG company is enjoying the benefits brought by various tax preferential policies,as well as the tax risks hidden under the preferential policies.PG company as a specialized manufacture power distribution switch control equipment of high-tech enterprises,in the daily production and business operation activities of enterprise income tax tax rate is around 2.5%,significantly higher than the average tax rate is 2%,special equipment manufacturing industry that PG company did not make full use of their own advantages to enjoy preferential tax policies,failed to turn money to market in a timely and effective manner for economic benefits,thus the tax risk.In this paper,under the background of economic recovery affected by the epidemic,the state put forward various preferential tax policies,through the analysis of tax risks of PG company,so that PG company can make full and reasonable use of the preferential tax policies and promote its capacity recovery and enterprise development.First,the background and significance of the research,the introduction of the concept of tax risks and the current research status are elaborated,and the content and framework of this paper are extended.Secondly,the general production situation and business characteristics of PG company are described.Meanwhile,the financial operation and tax payment of PG company are introduced to understand the preferential tax policies enjoyed by PG company.Thirdly,it describes the tax risks related to turnover tax in the procurement,production and sales of PG company,including the risk of VAT input tax deduction and the risk of enterprise income tax deduction.At the same time,it also describes the small taxes involved in the production and operation of PG company,mainly including property tax,stamp tax and vehicle purchase tax.Fourth,put forward corresponding countermeasures to the possible tax risks of PG company to ensure its smooth development.The possible tax risks in the production and operation of PG company are not only the overpayment of tax due to the unfamiliarity with the preferential tax policies,but also the underpayment of tax due to the non-standard financial accounting.At present,in the period of economic recovery in China,PG company should raise the awareness of tax risks and keep up with the changes of tax policies.Taking PG company as an example,this paper analyzes the tax risks of advanced manufacturing industry,hoping to provide reference for PG company and other advanced manufacturing enterprises,so as to reduce the tax risks and improve the market competitiveness in the future development.