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Unit 12

taxation оподаткування

tax on income прибутковий податок

tax on wages податок на заробітну плату

tax on salary податок на заробітну плату службовців

tax on profit податок на прибуток

tax on dividends податок на дивіденди

tax on rent податок на рентну плату

tax on interest податок на відсотковий прибуток

direct taxes прямі податки

indirect taxes непрямий податок

to give effect здійснювати, виконувати

to levy обкладати податком

to impose обкладати податком

after – tax income прибуток після утримання податків

to complete a return заповнювати податкову декларацію

to submit представляти

return податкова декларація

1. Read sentences only with new lexis and translate them.

  1. Taxes on income (i.e. on wages, salaries, profits, dividends, rent and interest) and on capital are known as "direct" taxes.

  2. Some small component of government spending is financed through government borrowing.

  3. Taxes on commodities or services are known as "indirect" taxes.

  4. Individual states levy their own taxes.

  5. In most countries there are campaigns for cutting government spending.

  6. When the after-tax income is paid out to stock-holders2 as dividends, it is then taxed again as personal income.

  7. This often imposes a double tax burden.

  8. The Ukrainian government tries to create a climate in which business can thrive, to keep the tax burden as low as possible.

2. Put the missing letters.

t..x, l..v.., ret…rn, s..bm..t, imp..se, ind..rect and d..rect t..xes, to c..mpl..te a r..turn, t..x on pr..fit, t..x on d..v..dents, t..x on int..rest, t..x on w..ges, t..x on in..ome.

3. Work in pairs. One student has to name all the words he/she memorized from the word list another student has to translate them.

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