TAXATION
How to say this in English?
1.
2.
3.
4.
5.
6.
7.
8.
p.obveza
p. opterećenje
prijaviti p.
prikupiti p.
p.prijava
p. odbitak
p. ured
nametnuti (uvesti)
p.
1.
2.
3.
4.
5.
javni namet
p.stopa
p.obveznik
p.vlasti
oporezivo/neoporezi
vo
6. izuzeće od poreza
7. porezna uprava
Find expressions for the following: p..obveza,
p. opterećenje, prijaviti p.,prikupiti p.,p.prijava,p.uprava, p.
odbitak, p. ured, nametnuti (uvesti) p., javni namet, p.stopa,
p.obveznik, p.vlasti, oporezivo/neoporezivo, izuzeće od poreza
 tax authorities
Tax Administration
Inland Revenue Service
tax office
 tax revenue (govt.)
impose tax
collect tax
raise tax
levy a tax
public levy
tax cuts vs. tax increase
 taxpayers
file a tax return
declare tax
 tax declaration
tax return
taxable, non-taxable
tax rate
tax liability, tax burden
 tax avoidance
tax exemption
tax deduction
tax haven
tax holiday, tax break
tax relief
tax shelter
Types of tax
Croatia
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value-added tax (VAT)
excise taxes
personal income tax
corporate income tax
inheritance and gift tax
...
*local surcharges, surtax

MacKenzie - p.136
MK: pp.136-137
FUNCT. FAIRNESS:
(ADV& DISAD.)
TAX
AVOIDANCE
PROFITS
SALARIES
TAX
EVASION
Sort out the words below:
MacKenzie, Unit 23 (Central Bank and Taxation)
1.
2.
3.
4.
5.
corporate tax
undeclared jobs
subsidized lunches
money laundering
wealth
redistribution
6. tax shelters
7. progressive taxes
8. fairness
1. disincentive
2. dissuade people
from smoking…
3. high tax rates
4. loopholes
5. self-employed
6. finance
government
7. expenditure
8. tax-deductible
Sort out the words below:
MacKenzie, Unit 23 (Central Bank and Taxation)
1.
2.
3.
4.
5.
6.
perks, benefits
income tax
tax havens
sales tax
cheating
underground
economy
7. donations
8. company cars
1.
2.
3.
4.
5.
6.
7.
moonlighting
regressive taxes
black economy
raise revenue
marginal rate
cheating
encourage capital
investment
8. tax havens
Test 1
MK: pp.136-137 (pgs.A-E)
 What are the functions of taxation? (A)
 What may be considered unfair in the
following taxes: corporation tax,
progressive income tax,regressive
tax? (B)
 How can tax be avoided (minimised)
a)on salaries and b)on profits? (D,E)
 How is tax evaded on a)salaries and
b)profits (C, E)?
Corporate income is liable to taxation
To tax an income
To make a false (tax) declaration
Underground economy, black e.
illegal e., unofficial e., grey e.
 The underground economy can
account for half of national income.
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What happens in Croatia in
February?
Use the following words:
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Taxpayers
Declare tax
Income tax, local surtax
File a tax return
Tax Administration