- •3.1 Read and translate the text.
- •3.1Answer the questions to the text .
- •3.2Finds in the text English equivalents to the Ukrainian word combinations.
- •3.3Replace the highlighted words with the synonyms from the text.
- •3.4 Group the following words into pairs of synonyms.
- •3.5 Group the following words into pairs of antonyms.
- •Find in the text the words which mean
- •3.7 Choose the meaning the highlighted words have in this text
- •3.8 Explain in English what the word combinations mean
- •3.9 Fill in the gaps with the words from the box.
- •3.10 Put in a preposition where necessary
- •3.11 Get ready to talk about company taxes using the words below.
- •3.12 Read and translate the text
3.7 Choose the meaning the highlighted words have in this text
1. The company is quite distinct from its owners, quite: a) достатньо; б) повністю
2. It needs to be stressed, that a company's income is not its operating profit.
to stress: a) робити наголос; б) підкреслювати; b) тиснути
3. That is where their group tax will be assessed.
to assess: a) визначати суму податку; б) оцінювати майно
4. The place of residence is determined by the location of a company's head office.
location: a) знаходження ; б) розміщення, ділянка
5. Board meetings are held in the country of residence, board: a) дошка; 6) харчування; в) правління
6. A government may offer tax concessions to any companies, domestic or foreign. domestic: a) сімейний; б) внутрішній, вітчизняний; в) домашній
3.8 Explain in English what the word combinations mean
net income; a separate taxable body; operating profit; to assess group tax; tax treatment; a depressed area of the country; tax break; to take professional advice
3.9 Fill in the gaps with the words from the box.
net income, allowances, attempt, expenses, separate, resident, require, subsidiaries, head-office, tax-exemptions, domestic
1.Profits is just another word for ….. .
2.Governments…… to encourage industrial development.
3.A company is a ……taxable body.
4. ………and must be set against gross income before tax is
assessed.
It is important where the company is ……… .
Where the company is resident is determined by the location of its ……
7. Countries take different approach towards taxing of the ….. of foreign-based companies.
8. Some countries ……the companies to register the value of large investments.
9. To stimulate industrial development the countries offer …….
10.A government may offer tax concessions to ….. or foreign companies.
3.10 Put in a preposition where necessary
Individuals are taxed…..their income.
A company is distinct…..its owners or shareholders.
Expenses and allowances must be set…..income before
tax is imposed.
4. Countries take different approach…..the taxing the
subsidiaries……foreign-based companies.
5. Governments impose taxes ….. the whole of a company's profits worldwide.
6. Some countries do not tax…… the profits of the overseas
subsidiaries.
The profits are repatriated……the home country.
Tax payments may qualify……..DTR.
Many subsidiaries are based………host country.
10. Some countries have close control………..these enterprises.
3.11 Get ready to talk about company taxes using the words below.
to be taxed on profits; to reduce company taxes; in considering company taxation; to encourage industrial development; a separate taxable body; to assess tax; location of the head office; to take different approach to; to set up a subsidiary; overseas subsidiary; to repatriate profits; to vary greatly; to require to register; to extend close control over; to offer tax exemptions and concessions; to limit the repatriation of dividends; the amount of investment