Research On Tax Risk Management Of TD Construction Company

In recent years,many large multinational companies have faced tax dilemmas due to their ineffective prevention and control of tax risks.Many well-known domestic companies,such as Suning,Gome,Wahaha and Ping’an,have been involved in these troubles.Business operations and reputation have been affected.Obviously,tax risks have become a "time bomb" that threatens the healthy survival and development of companies.On June 2,2020,Guangzhou Zhujiang Industrial Development Co.,Ltd.failed to declare and pay taxes on the income obtained from the sale of the Pearl River Jingyuan project from 2012 to 2016 in accordance with the tax law,which caused an inspection by the tax bureau and paid a total of tax payments.18,412.94 yuan,plus35144031.84 yuan for late payment.In a short time,the problem of enterprise tax risk was pushed to the public again.Construction industry is an important part of China’s national economy,as the pillar and forerunner of economic development,the construction industry has been deeply concerned by the tax authorities.The construction industry faces greater tax risks due to its diverse business,large regional span,and long construction period.Therefore,construction companies should strengthen tax risk management to reduce unnecessary losses to the company due to tax risks.In May 2009,the State Administration of Taxation issued the "Guidelines for Tax Risk Management of Large Enterprises(for Trial Implementation)"(Guo Shui Fa [2009]No.90),which provides a framework for establishing a tax risk management system for large enterprises and further improves my country’s comprehensive risk management system.It aims to improve the tax risk management awareness of enterprises and prevent the occurrence of tax risks.This article will start a case study with TD Company as the research object.The first part introduces the research background and research significance of this article,the current research status of domestic and foreign scholars,the research content and research methods of this article,and the main innovations and deficiencies.The second part introduces the basic situation of TD construction enterprises,mainly including the status quo of the construction industry,the basic situation of TD company and the tax-related situation of TD company.The third part identifies the tax risk of TD company.It is mainly to construct the tax risk identification system,and calculate TD company,and evaluate the tax risk grade of TD company.The fourth part is an in-depth analysis of the specific risks faced by TD company from three dimensions of operation,financial accounting and core tax.The fifth part is TD company tax risk causes analysis.This paper expounds the causes of tax risk of TD company from internal reasons and external reasons respectively.The sixth part,according to the fiscal and tax policies issued by the State Administration of Taxation,puts forward countermeasures and suggestions for TD company’s current tax risks.It is mainly to strengthen the awareness of tax risk management,improve the internal control mechanism of enterprise tax risk management,effectively deal with the tax risks in operation links,financial accounting links and core taxes,regular supervision and improvement and other policy suggestions,effectively deal with the potential tax risks of TD company.