Research On Tax Risk Management Of Value-added Tax In Construction Industry

In recent years,with the rapid development of the national economy,value-added tax has become increasingly important.Compared to business tax,value-added tax has the characteristics of high tax rate,deductible,and complex business.Therefore,strengthening risk management of value-added tax is extremely important.As is well known,the construction industry has its own unique characteristics,such as multiple projects,complex processes,and multiple types of taxes,which inevitably increases the possibility of tax risks.For some special projects such as cleaning projects,it has great flexibility in selecting tax calculation modes,whether it is simple or general tax calculation.But to achieve ideal tax results,construction companies need to start from their own operational development reality,and select the most suitable tax calculation method based on comprehensive consideration of various requirements.At the same time,increase the management of contracts,invoices,and other aspects to avoid tax risks.Based on this,this article selects the construction industry as the research object,and takes the Z project under China Railway Corporation as a case study to deeply study the existing value-added tax risk.Taking it as a representative,it reflects the management of value-added tax risk in the entire construction industry.This article conducted in-depth research on the China Railway Z project and analyzed the financial data obtained.It was found that the China Railway Z project has significant value-added tax risks in terms of tax accounting selection,input tax management,out of control invoice management,contract management,and accounting.The China Railway Z project is one of the numerous projects in the construction industry.The project department is the basic unit of construction production in the construction industry.Taking the project department as an example,studying the entire construction industry is universal.Therefore,based on the analysis and evaluation of the China Railway Z project,it is possible that there is a general risk of value-added tax payment in the construction industry.The main innovation of this article is to use the China Railway Z project as a research case to analyze the tax risks generated in the value-added tax payment process in the construction industry.The research object is more specific and targeted.Based on the theory of tax compliance,this paper elaborates in detail on the value-added tax risks of construction enterprises from the perspectives of accounting risks and business risks,identifies the main risk points of value-added tax risks,and summarizes the value-added tax risk management process.The value-added tax risk management process also includes risk analysis,identification,evaluation,and prevention,And conduct research on tax risk management for China Railway Z project based on this program.It can provide new reference opinions for the construction industry,in order to help reduce tax risks,reduce tax burden,and improve the tax risk management level of the construction industry.