Research Of XYS Corporate Tax Risk Management

Risk management is a significant part of modern enterprise management system, and the tax risk management is particularly important. At present, a great many enterprises are in the key period of scale expansion, development and transformation.The relevant tax laws,as well as regulations, are increasingly perfect, and tax regulation is more and more tight. Therefore, suitable, sound and effective tax risk management and control mechanisms, according to enterprises’own need and operating characteristics of the environment, need to be established in order to minimize or avoid the tax risk, and improve enterprise risk prevention and management levelXYS company, a private enterprises, which is mainly engaged in the scientific research development, and the product sale of new medical products. As the enterprise is in the start-up stage, the internal control system is not perfect, which lead to a large number of tax risk. In the following, we attempt to build a scientific management system, which will be based on the XYS operating conditions by combining the practical work experience in the financial with tax risks theory. It provides a valuable reference to establish and improve the modern enterprise tax risk control mechanism.This paper consists of five chapters:The first chapter is the introduction, mainly introduced the research background, domestic and foreign tax risk management research, the purpose and significance of the study, research contents and methods and the innovation and shortcomings of this paper. The second chapter is about the summary of the theory of tax risk management, including the concepts of tax risk and tax risk management, the difference between tax risk management and tax planning, the COSO risk control theory though the eight elements of Risk management. The third chapter introduces the basic situation of XYS company, including the brief introduction and the organization of XYS company, tax preferential policies, the value-added tax, business tax and other major issues, tax risk points; The fourth chapter optimize the XYS internal processes to control the XYS tax risk using the COSO internal control theory; The fifth chapter is about improving security measures of XYS tax risk management; the last part is the conclusion of this research paper, and put forward the prospect of the research on the future and the shortage.