Research On Tax Risk Management Of DF Real Estate Enterprises Based On Internal Control

For a long time,the real estate industry has had basic characteristics such as a large initial investment scale,a long construction cycle,and susceptibility to policy regulation.While enjoying high returns,it also bears high tax risks.Since 2020,COVID-19 has had a strong impact on the global economy.China’s real estate market has suffered from sluggish growth and industry development difficulties,and real estate enterprises have experienced frequent explosions and huge inventory pressure.For most second and third-tier cities,most real estate companies will be constrained by policy tightening,market saturation,and even inventory accumulation.The background of the times cannot be reversed.In such a macro environment,enterprises should pay more attention to preventing risks,especially tax risks.This requires effective management of tax risks to avoid negative impacts on enterprises due to management omissions.This article first reviews some of the existing research results related to internal control and real estate tax risk management.Then,it introduces the concepts of tax risk,tax risk management,and internal control,as well as the relationship between tax risk management and internal control.It provides an overview of the relevant theories used in this article.Based on literature and theoretical research,DF Real Estate Company was selected as the research object to investigate the overall situation,organizational structure,business situation,and tax-related situation of DF Real Estate Company.Common tax risk points of DF Company were identified,and combined with financial data of the company in the past three years,the tax risks of DF Real Estate Company were analyzed.The tax risks of the company were found.By using the method of questionnaire survey,the current situation of tax risk management in DF Real Estate Company was analyzed,and it was found that the company has problems in tax risk management and lacks a comprehensive tax risk management system.The paper designs an optimization plan for tax risk management of DF Real Estate Company based on the perspective of internal control.Firstly,an overall optimization plan for tax risk management of DF Real Estate Company was designed from the five elements of internal control.The plan includes five modules: optimizing the tax internal control environment,improving the tax risk identification and evaluation system,strengthening the control ability of tax-related activities,improving information and communication mechanisms,and optimizing internal monitoring of tax risk management.Secondly,starting from various aspects of real estate development,a specific optimization plan for tax risk management of DF Real Estate Company was designed at the business level.Risk management optimization was carried out from the aspects of land acquisition,development and construction,completion and sales,and land liquidation.Finally,safeguard measures were proposed to ensure the effective operation of the optimization plan for tax risk management.This article takes DF Real Estate Company as an example,hoping to provide some reference and guidance for the tax risk management of DF Real Estate Company and other enterprises in the same industry through the study of tax risk management based on an internal control perspective.