I. Arrange the words in suitable pairs.

Legal	Tax
Balance	Reports
Tax	Expenditures
Income	Sheet
Financial	Provisions
Arithmetical	Tax
Inheritance	Return
Professional	Accuracy
Attached	Statements

II. Complete the sentences by choosing suitable endings from the right-hand column

Tax return is the form on which you have to …	is assumed to be correct until the assessing official determines otherwise.
In countries such as the United States, where the self-assessment method prevails…	give information so that your tax can be calculated.
The return, with the attached reports and statements, is meant …	a minority of returns is selected for audit
In examining tax returns, the basic principle is that a return …	an analysis of the tax payer’s situation and of the legal provisions that apply to him.
The definition of the amount subject to taxation requires …	to provide such complete information.

III. Fill in prepositions and adverbs where necessary.

1. In the United States, a minority … returns is selected … audit.

2. The return is assumed to be correct … the assessing official determines otherwise.

3. Tax inspector is someone who works … the government, deciding how much tax a person or company should pay.

4. The income taxpayer’s liability is computed … himself.

5. The return, … the attached reports and statements, is meant to provide complete information.

IV. Read the following statements. Say whether they are true or not.

1. Taxation is required to analyse the tax payer’s situation.

2. Taxation is asked to analyse the legal norms that apply to the taxpayer.

3. Tax inspector is someone who works for the government, deciding how much tax a person or company should pay.

4. The taxpayer is not bound to submit a tax return.

5. The taxpayer’s return provides information of his intellectual facilities.

6. Income tax is a tax on the net income of an individual or a business.

7. Inheritance tax is a tax on the money or property that you leave to someone else after you die.

8. Real property is property in the form of land or houses.

9. Personal property is something that belongs to you.

V. Translate into English.

1. Налоговая декларация должна подаваться вовремя.

2. Налогоплательщик должен представлять налоговую декларацию.

3. Налоговая декларация содержит полную информацию.

4. Налоговые декларации должны быть подвержены аудиту

5. Сборщик налогов доверяет налоговой декларации.

6. Я регулярно плачу подоходный налог.

7. Чем больше вы зарабатываете, тем более высокий подоходный налог платите.

8. Передвижение капитала обычно облагается налогом.

VI. Answer the following questions.

1. What kind of form is a tax return? What sort of information is given in a tax return?

2. What additional information is contained in a tax return submitted by the tax payer?

3. What does a tax return provide?

4. What documents are attached with the return by a corporation?

5. What is the basic principle in examining tax returns?

6. In what countries does a self-assessment method prevail?

7. What does it involve?