Research On Tax Risk Management Of The Company

In recent years, many large international companies fell into the "tax gate" scandal, because of the impertinently tax risk prevention and control, GuoMei, SuNing, ChuangWei, China's Ping An and many other well-known enterprises have successively trapped them. Properly tax risk management could enable enterprises subject to legal sanctions, financial loss, reputation damage and to bear an unnecessary burden on the tax loss , even lead to serious corporate bankruptcy; the appropriate tax risk management can help businesses avoid risks, or every success in the next level. It is learned that the majority of Chinese enterprises lack a systematic and institutionalized response to the tax risk and control mechanisms, some way is basically passive, emergency and temporary. Many companies are basically on a "remedial" approach to deal with an endless stream of tax risk. Even if there is a sense of the tax risk prevention and control of enterprises, but basically in a "fragmented" state. The main purpose of corporate tax risk management is to reduce the corporate tax risk, to reduce the economic losses by its main means of establishing tax risk management systems. Corporate tax risk management system is based on a full study of the tax risks inherent characteristics and causes, it built on the basis of the whole process of tax risk management system, include the tax risk identification, risk assessment, risk prevention and control.In this paper, combined with risk and risk management theory, it defines the tax risks, summarized the characteristics and performance of Chinese enterprises tax risk, Based on that, analyze the impact of corporate tax risk factors, causes, possible result in losses and proposed the establishment of tax risk management system, identification, assessment, prevention and control of tax risks. This paper is divided into six parts. The first part of the Introduction, combing Survey, summarized this research method, the frame structure and innovations. The second part is the corporate tax risk management theories. This section describes risk, financial risk, tax risk and tax risk management, the definition of the basic theory. The third part is the impact of corporate tax risk factors and characteristics. This section describes the impact of the tax risk management factors, causes and characteristics and so on. The fourth part is the significance of risk management, corporate tax and related issues. This section describes the meaning of enterprise tax risk management and objectives, and analysis the relationships of enterprise tax risk management with internal control, financial risk management, enterprise operation, and the cost. Part five is the corporate tax risk management system to build. This section describes the Enterprise Sub-two levels of management and technology to build enterprise tax risk management system. Part six is examples based on analysis of the above.