Study Of China’s Corporate Tax Risk Management

With the vigorous development of China’s national economy, the market competitiveness of large enterprises and constantly enhance the economy expanding, growing influence on our economy and society, and large enterprises has become the backbone of our economy. However, when large enterprises realize their own rapid, while its own internal implied a variety of risks has become more prominent, one of the most obvious risk is big business tax risk. Many large well-known listed companies, due to the neglect of the tax risk, all have fallen into an awkward position on the tax, making its own production operations and corporate reputation not suffered the necessary damage. Tax risk management has become a large enterprise holds many lessons had a positive urgent problem.Overall, most enterprises have not yet establish an effective tax risk management system. Tax risk management has become the weakest link in enterprise risk management system. The large corporation tax risk management has many deficiencies. First of all, the tax concepts of leadership and project management of large enterprises is weak, and tax compliance awareness, emphasis is often placed the company’s financial risk, do not attach importance to the management of tax risk. Second, most companies do not set the special tax or tax management positions, some set of tax management positions, but the functions of positioning is tax, without tax risk management functions, tax management positions in the personnel, the general of the financial part-time staff, most lack the necessary tax professional quality. Moreover, large enterprises lack the necessary communication mechanisms, tax-related information not only between departments of large enterprises within the timely delivery of large enterprises and tax authorities to establish effective communication channels, it is difficult to grasp the changes in the tax system, policy impact on businesses. Finally, there is not tax risk management system, the tax risk identification, assessment, response, control and evaluation of the whole process can not effectively monitor. Therefore, the large corporation tax risk management must start with the internal management of enterprises, attaches importance and take positive measures to prevent tax risk.Therefore, the object of this paper is our country’s corporate tax risks of large enterprises occurred frequently in China in recent years and the State Administration of Taxation issued in May2009tax risk management guidelines (Trial) for the background. Through the analysis of China’s large enterprises of the tax risks of performance in the form and tax risk management problems, the design of large enterprises viable tax risk management system, in order for China’s large enterprises tax risk management of the further improvement contribution is recommended. The full text is divided into the following five parts. The first part,the Introduction. The second part,the theoretical basis of the risk management of large corporate tax. The third part is corporate tax risk management theory. The fourth part, strengthen risk management of China’s corporate tax proposals. The fifth part, the corporate tax risk management in China Empirical Analysis-A Case Study of LH real estate development enterprises.The above is the main content of this article, as well as the introduction of the structure. Should be noted that, there are differences of opinion on the problems of large corporate tax risk management form domestic and foreign scholars. Author through the basis of summing up the large number of documents, deep thinking, and put forward their own point of view. The analysis of the risk of large corporate tax, and give full consideration to the tax authorities in the role of risk management in the corporate tax, China’s large enterprises tax risk management system has been designed. However, the professional management of large enterprise organizations have set up not long, there is not sufficient data, the data cited by the author in writing is less, most of them are described in text said. Author hope to conduct further studies in the future. Because I limited the theoretical level, and the special risk of large corporate tax, and I did not study the industry for large enterprises to conduct field research, while only a real estate development enterprises on behalf of research the specific circumstances of the tax risk management, which has a conclusion may not be generally representative of the study. Author will also need to continue the study after the paper.