Tax Risk Management Problems And Countermeasures Of A Real Estate Company

In the past two decades,the amount of real estate investment has grown rapidly,and the real estate industry has become the pillar industry of our national economy,The State Administration of Taxation has repeatedly listed real estate enterprises as special tax inspection projects,the tax department's collection management means and control strength for the real estate industry are also gradually upgrading.Real estate enterprises need to strengthen tax risk management and improve risk awareness.A Real Estate Company ranks first in Z County's tax contribution ranking,it integrates the whole process of real estate development,construction and sales.The four main stages of A Real Estate Company's development project involve various taxes,such as value added tax,land value added tax,enterprise income tax,deed tax and so on.It is of great practical value to analyze the tax risk of A real estate company and propose preventive measures,which is also of reference significance to private enterprises with similar scale and business type.The process of real estate development is characterized by long investment cycle,long development project cycle,long industrial chain,many investment funds and many operation links,which makes A Real Estate Company have certain particularity and risk points in the accounting of income,cost and profit distribution.This paper analyzes the tax risk of A Real Estate Company,it is found that there are risks in the process of obtaining the land use right,such as the inconsistency between the land transaction subject and the land cost deduction subject,and the non-compliance of the land transaction voucher;in the development process,there are risks such as the overseas service fees are not deducted and paid,and the water and electricity fees for resale are not calculated and written off;in the sales process,there are risks such as the advance payment is not paid in time,and the sales business is deemed to be handled improperly;in the sales process,there are risks such as the advance payment is not paid in time,and the sales business is deemed to be handled improperly.Combined with the actual situation of A Real Estate Company and the risk problems analyzed,this paper puts forward some risk prevention countermeasures,such as making a good plan of land transaction subject,improving the professional quality of financial personnel,carefully selecting upstream suppliers during the development and construction,reasonably planning the settlement method of water and electricity,scientifically controlling the terms of the purchase contract during the sales,establishing the standing book of collection and prepayment,accurately grasping the time of tax obligation during the liquidation,and standardizing the cost accounting.In a word,with the development of the real estate industry and the fierce competition,coupled with the severe test brought by the new crown epidemic,A real estate company should strengthen the tax risk management from all aspects of the development project in daily operation,improve the awareness of tax risk prevention,establish and improve the risk prevention mechanism,and fully enjoy the national tax policy dividend,so as to promote the steady and healthy development of the real estate market.