The Research Of RT Company Tax Risk Management

With the rapid development of the economy and the continuous advancement of the national tax reform,tax risk has become one of the important risks faced by enterprises.Identifying and controlling tax risks has become an important part of the company's survival and development.At the same time,the ongoing tax scandals of Chinese companies have revealed that there are still problems in the tax risk management of Chinese companies,which has alarmed many companies.Although more and more large companies are now aware of the importance of tax risks,there are still a large number of small and medium-sized enterprises that still have insufficient understanding and inadequate control over tax risk management.These small and medium-sized enterprises account for 99% of the total number of enterprises,contributing 60% of China's GDP,50% of taxes and 80% of urban employment.If they can effectively control their tax risk management,it will greatly improve the overall tax risk management situation in China.For SMEs themselves,tax management can also reduce unnecessary expenditures and improve risk control capabilities.Regardless of the overall or individual perspective,the tax risk management of small and mediumsized enterprises is of great significance.This paper selects a typical small and medium-sized enterprise,RT,as a case sample to study its tax risk management.By identifying possible tax risks,evaluating the existing tax risks,and finally proposing a tax risk control optimization program,the purpose is to construct a set of effective tax risk management control procedures for RT companies to reduce the company's Tax risks,thus providing a reference for the majority of SMEs,to achieve the goal of optimizing China's overall tax risk management environment.In this paper,the combination of theoretical analysis and case analysis is used.Firstly,the relevant theories of tax risk management at home and abroad are reviewed.Based on this,we can make our own understanding of various points of tax risk management.Secondly,RT company is the research object.After having a preliminary understanding of the main business,financial situation and business results of RT company,from the actual operation,the current situation of RT company's tax risk management is analyzed.After identified the current tax risks of RT companies,used the indicators of the Tax Assessment Management Method to evaluate the tax risks,and used the focus interviews to understand the current problems of the company's current tax risk management,the paper gives some suggestions for RT basing the COSO Enterprise Risk Management Framework.To propose optimization of RT tax risk management,all advices are revolving around these five aspects,corporate governance and cultural construction,strategy and goal formulation,performance incentives,information communication and reporting channel expansion,review and revision mechanism improvement.It also puts forward some suggestions for key points of tax risk management such as RT risk identification,assessment system and tax control.Finally,based on the experience gained in this process,we will summarize the inspirations that small-volume companies can obtain in tax risk management for SMEs,and help SMEs improve the efficiency of tax risk management.