Text 5 taxpayer’s liabilities

Exercise 5.1. Study the vocabulary:

1) the accounting of income and expenses	1) облік доходів і витрат
2) under the established procedure	2) в установленому порядку
3) supervisory authorities	3) контролюючі органи
4) to make statements	4) складати звітність
5) to submit	5) подавати
6) to notify	6) повідомляти
7) tax liabilities	7) податкові зобов’язання
8) primary documents	8)первинні документи
9) the tax exemption	9) звільнення від податків
10) official duties	10) службові обов’язки
11) to ensure preservation of documents	11) забезпечувати збереження документів
12) implementation of tax liability	12) виконання податкових зобов’язань

Exercise 5.2 Read and translate the text:

Article 67 of the Constitution of Ukraine clearly defines the obligation for еасh citizen of Ukraine to раy taxes and duties in the order and sizes stipulated bу the law. The taxpayer shall:

- register with the supervisory under the procedure established by the legislation of Ukraine;

- carry out the accounting of income and expenses, make statements on the calculation and payment of taxes and fees under the established procedure;

- submit tax returns and other documents related to the calculation and payment of the supervisory authorities under the procedure established by tax legislation;

- pay taxes and fees within the time line and in the amounts established by the tax Code ;

- upon the written request of the supervisory authorities submit income and expenses statement and other indicators related statement to the objects of taxation, primary documents, accounting registers, financial statements, other documents related to the calculation and payment of taxes and fees:

- provide the supervisory authorities with the information on the amounts not remitted to the budget due to the receipt of the tax exemptions;

- provide the state tax authority with information under the procedure, in the terms and in amounts established by the tax legislation;

- fulfill legal requirements of the state tax authorities to address the identified violations of the laws on taxation issues and to sign documents for inspection;

- not to interfere with legal supervisory authorities execution of the official duties and fulfill legal requirements of such officials;

- notify supervisory authorities at the place of such taxpayer’s registration about its liquidation or reorganization;

- notify supervisory authorities about the change of the entity location and the change of individual’s residence;

- ensure preservation of documents related to the implementation of tax liability with the term stipulated in the Code.

Exercise 5.3 Read the text and match the equivalents:

1. Income and expenses	a) перешкоджати
2. Calculation	b) виконувати законні вимоги
3. Written request	c) оплата податків і зборів
4. Tax liabilities	d) фінансова звітність
5. Financial statement	e) податкові зобов’язання
6. Fulfill legal requirements	f) обчислення
7. Officials	g) порушення законів
8. Violation of the laws	h) письмові вимоги
9. To interfere	i) доходи та витрати
10. Payment of taxes and fees	j) посадові особи

Exercise 5.4 Read the text again and match word combinations from the text:

1. Tax	a) line
2. Legal	b) registers
3. Violation of the	c) preservation
4. Supervisory	d) duties
5. Official	e) authority
6. To ensure	f) laws
7. Accounting	g) requirements
8. Time	h) legislation
9. Primary	i) statements
10. Financial	j) documents

Exercise 5.5 Read the text and choose the best to complete the sentence:

1. The taxpayer shall pay taxes and fees within the time line and in the amounts established ……

a) by the Tax Code;

b) by the Constitution;

c) by the Criminal Law;

2. The taxpayer shall provide the state tax authority with information under the procedure, in the terms and in amounts established by …….

a) the Financial Law;

b) tax legislation;

c) Cabinet of Ministry;

3. The taxpayer shall notify ………. at the place of such taxpayer’s registration about its liquidation or reorganization;

a) Tax Militia;

b) Ministry of Finance;

c) supervisory authorities;

4. The taxpayer shall ensure preservation of documents related to the implementation of …… with the term stipulated in the Code.

a) Criminal Code;

b) tax liability;

c) Financial Law;

5. The taxpayer shall submit tax returns and other documents related to the calculation and payment of ………. under the procedure established by tax legislation .

a) local authorities;

b) the supervisory authorities;

c) tax bodies

Exercise 5.6 Read the text and choose whether the statements are true or false:

1. The taxpayer shall provide the Ministry of Finance with information under the procedure, in the terms and in amounts established by the tax legislation.

2. The taxpayer doesn’t have to notify supervisory authorities about the change of the entity location and the change of individual’s residence.

3. The taxpayer shall register with the supervisory under the procedure established by the legislation of Ukraine.

4. The taxpayer shall pay taxes and fees within the time line and in the amounts established by the tax Code.

5.The taxpayer has to ensure preservation of documents related to the implementation of Criminal Code with the term stipulated in this Code.