Research On Tax Risk Management Of A Gardening Co.Ltd

Tax risk is the possibility of suffering losses in the aspects of money and reputation,that will be occurred in companies owing to tax illegal and failure on application of preferential policies.Those would result in pay more tax,fines and late fees.Tax risk is a part of daily risks of a company.Tax risk management is a process for a company according to the overall strategy,aim and internal&external environment,on the basis of production and management,arranging reasonably on production and management strategy,planning tax appropriately,and reducing or even avoiding tax risk while reducing the tax burden,which is a part of overall enterprise risk management.This paper identify and evaluate the tax risks of company A,and analyze the problems existing in the company’s current tax risk management situation,giving specific suggestions to the company’s tax risk management on the basis of COSO-ERM enterprise risk management framework.This paper will supply a more industry research in this area,guiding the company to improve the tax risk management level,and providing the reference to the other gardening companies.First of all,the paper reviews the theoretical basis of risk and risk management,makes a brief introduction to COSO-ERM enterprise risk management framework,which is a authoritative guide of in this area.Secondly,the paper introduces the basic situation of company A’s business organization structure,tax paying etc.According to the company’s business process,the analytic hierarchy process and fuzzy comprehensive evaluation methods are used to identify and evaluate the company’s tax risks,and the existing problems in tax risk management of the company are analyzed.At last,the paper gives specific suggestions to the company’s tax risk management on the basis of COSO-ERM enterprise risk management framework.