Research On Tax Risk Assessment And Prevention Of Listed Companies In Construction Industry

In the past decade,the added value of the construction industry has always accounted for more than 6.6% of the GDP,and the development of the construction industry plays a crucial role in the development of the national economy.The construction industry has the operational characteristics of long project cycle,strong production mobility and scattered personnel,which leading to higher tax risks in comparison with other Therefore,the construction industry attach great importance in the tax legislation,tax collection,tax supervision and other aspects and is the focus of the industry inspection by the tax authorities over the years.In practical work,it become an important problem of construction enterprises that which tax risks needs to prevent on focus and how to prevent ax risks.This paper takes the a-shared listed companies of the construction industry as the research object and makes a comprehensive analysis of corporate tax risks by using theoretical and empirical methods.It analyses the main tax risk by building the tax risk assessment index system of construction enterprise,puts forward prevention suggestions according to the result of tax risk assessment,and takes Gold Mantis as an example for tax risk assessment.First of all,this paper classifies and sorts the related literature of tax risks and tax risks in the construction industry,obtains research gaps,and determines the research objective of this paper as tax risk assessment and prevention in construction industry.The concepts of tax risk,tax risk,risk management and tax risk management are analyzed and compared,the theory of internal control and risk management are discussed theoretically,and the connection and difference between the two are summarized.This paper also sorts out the tax types and tax policies involved in the construction industry,analyzes the importance of each tax type,and summarizes the common tax risks in construction enterprises through sorting out literature and tax inspection cases and consulting accountants in the construction industry.Secondly,in order to establish the risk assessment system of the construction industry,this paper firstly takes the listed construction companies from 2018 to 2020 as the research object,determines 21 risk assessment indicators,calculates and analyzes the tax risks of the construction industry based on the AHP-Entropy weight method,and summarizes the main tax risks of construction industry.On the basis of risk assessment,this paper analyzes the causes of tax risks in construction industry,and takes Gold Mantis as an example of application of tax risk assessment.Finally,based on the theory of internal control and risk management,this paper puts up forward some suggestions on tax risk management of construction industry according to the main risks finding from industry risk assessment.Construction enterprises can take tax risk prevention measures from the following six aspects: setting tax risk management objectives,optimizing the internal environment of the enterprise,perfecting the tax risk assessment system,strengthening the management of tax risk control activities,strengthening internal and external information communication and strengthening the supervision and inspection of tax risk.The innovation of this paper lies in the quantitative analysis of the tax risks of the construction industry by taking listed companies in the construction industry as the research object,and selecting 21 indicators in four categories to construct a new indicator system.In addition,this paper combines quantitative analysis and case analysis,and takes Gold Mantis as example to apply tax risk assessment system of construction industry after building this system.On the one hand,the research results of this paper enable construction enterprises to understand the current situation of construction industry like the overall situation of the construction industry tax risk and the development trend of risk value,and provide tax risk assessment reference data for construction enterprises.On the other hand,it provides the prevention suggestions with practical reference value to the construction enterprises,hoping to be helpful to the tax risk management of the construction enterprises.