Analysis of Tax Risk Management and Control in Port Machinery Manufacturing Industry--Taking Enterprise S as an Example

Abstract

Port machinery manufacturing has a long history in China and plays an important role in promoting the country's economic progress. Advanced port machinery not only enhances the ability of ports to handle goods, but also effectively cuts down on logistics expenses, thus solidly supporting the country's economic pulse. Against this background, preventing and dealing with the VAT tax risks faced by the port machinery manufacturing industry and improving tax compliance of taxpayers have become key issues. In this paper, a port machinery manufacturing enterprise in the stage of product upgrading and transformation is selected as the research object, and 2020 is taken as the benchmark, focusing on the tax situation of the enterprise in 2021 and 2022. In the case study of this enterprise, this paper adopts a tax-related risk model and longitudinal data analysis within the enterprise to identify in-depth the value-added tax (VAT) and corporate income tax (CIT) risks of the port machinery manufacturing enterprise, as well as the tax-related risks of the enterprise's investment and merger and acquisition business, so as to control the enterprise's tax risks and promote the sustainable development of the enterprise.