XX Company Income Tax Planning And Risk Control Research

American Accounting Association (AAA) defines cost as value sacrifice which happens or should be happen for certain purpose. Cost often measures by monetary unit. The expenditure of corporate income tax holds a large proportion of the enterprise gross tax expenditure. For this point of view, the expenditure of corporate income tax was considered as an essential value sacrifice of company's production operation. How to manage and control the expenditure reflects the quality of company's tax or even the level of company's management. On the other hand, the expenditure of income tax, which as a part of cost, was an important foundation for enterprise to set price and good service during competitive strategy. Corporation income tax planning and risk control is a system project of enterprise tax management. Companies should set a complete income tax planning and risk control management system. The system includes five aspects of income tax planning and risk management goal, income tax planning and risk management institution, income tax planning and risk evaluate system, income tax planning and risk reply system and income tax planning and risk control supervise and improve mechanism.We investigate the current situation of XXX income tax planning and risk control; indicate the deficiencies and defects in this aspect. We focused on illustrating the XXX company should combine their business conditions, tax planning and risk characteristics and the existing internal risk control system to establish the appropriate income tax planning and risk management system.