Research On Tax Risk Management Of Coal Industry

At present,China's economy adheres to the development strategy of seeking progress while maintaining stability,and pays attention to environmental protection while controlling energy consumption.Under the development background of the policy of "three removal,one reduction and one supplement",the golden development period of the coal industry has passed,even entered a period of low profit.At present,China's energy characteristics are rich in coal and little in oil.Coal reserves in China's energy structure are large and its cost price is relatively high Because of its low cost,the basic position of coal in China's energy structure will not change for a long time.The coal industry provides stable and reliable energy support for the healthy and sustainable development of the national economy.However,under the strategic background of supply side structural reform and resolving excess capacity,it will inevitably affect the operation and development of coal enterprises,resulting in uncertain risks.In addition,the long-term and extensive characteristics of the internal financial management mode of the coal industry will also lead to tax management irregularities,such as hidden income,false freight input tax,false value-added tax invoice and other tax issues.Since the implementation of "replacing business tax with value-added tax" and the completion of the third phase of the Golden Tax Project,as well as the realization of the combination of state and local tax,the tax collection and management ability of the tax authorities has been effectively improved.At present,most of the coal enterprises lack of attention to tax management,and the enterprise management faces increasingly complex external and internal environment.The tax risk caused by this has attracted the attention of all sectors of society.Effective tax risk management can help enterprises avoid risk loss.Internal control is an important method of enterprise management,which can help the healthy and sustainable development of the enterprise,effectively control and prevent the business risk and financial risk of the enterprise,ensure the normal business activities of the enterprise,the internal control and tax risk management have a large intersection,the final goal is the same,and other links,establish and improve the internal control of the enterprise can effectively prevent and control the tax risk However,at present,the internal control system of tax risk in the coal industry is not perfect,lacking of information communication and supervision mechanism,so the tax risk of the enterprise has a "good opportunity".Therefore,if the enterprise wants to develop for a long time,it needs to develop a good internal control system to avoid the tax risk.First of all,this paper combs and expounds the research status of domestic and foreign scholars on tax risk and its management,clarifies the related concepts of tax risk management and internal control,and summarizes the relationship between tax risk management and internal control.Then it analyzes the current situation of tax risk management in China's coal industry,introduces the characteristics,development problems and trends of the coal industry,as well as the current situation of tax risk management,and from the perspective of internal control as an analysis of the enterprise's tax risk,explains in detail the existing problems of tax risk management in the coal industry.Then,from the perspective of X company itself,it makes a detailed description of the company's basic situation,financial statements and internal control.Then it analyzes the tax risk of X company based on financial indicators and non-financial indicators,and analyzes the causes of tax risk of X company from internal and external aspects based on the Perspective of internal control.Finally,some suggestions are put forward to improve the tax risk management of X company.First,improve the internal control system of tax risk management of coal enterprises,and put forward reasonable suggestions from the five elements of COSO internal control framework.Second,in the operation of the company,it puts forward more specific tax risk control suggestions and measures,such as further deepening the understanding of the harm of falsely issuing special VAT invoices.Third,improve other methods of tax risk management of coal enterprises.The purpose of this paper is to find and manage tax risks more comprehensively and carefully,to promote the legal operation of enterprises,and to improve their awareness of tax risks,so as to realize the sustainable and healthy development of enterprises.