English for Tax Administration 2

1. English for TaxAdministration 2 Lecturer: Miljen Matijašević G10, room 6/I, Tue 11:30-12:30 e-mail: miljen.matijasevic@gmail.com Session5, 14 Apr 2014

2. Today’s Session • Revision of the last session • ThePrinciples of Taxation

3. Revision of the last session

4. Answer the questions • What does the General Tax Act regulate? • Who are the subjects involved in taxation?Briefly explain the role of each. • Explain the principleof objectivity. • What tax provisions apply in the taxation of taxable events? • What is the point of the economic approach? • How can tax rights and obligations cease?

5. Explain the following terms • books and records • tax return • compensation (in tax obligations) • write-off • statute of limitations • taxrefund • audit

6. Principles of Taxation Unit 2

7. Principles of Taxation • study the vocabulary on the following two slides and try to come up with an explanation and/or translation

8. Principles of Taxation • to ensue from sth • diligence • to file (a tax return) • submit (a document) • a certified translation • stipulated • at sbd’s expense • tax ordinance

9. Principles of Taxation • to ensue from sth – proizlaziti iz nečega • diligence – pozornost, marljivost • to file (a tax return) – predati (poreznu prijavu) • submit (a document) – predati, dostaviti • a certified translation – ovjereni prijevod • stipulated – propisan • at sbd’s expense – na nečiji račun • tax ordinance – porezni akt

10. Principles of Taxation • to disclose (information) • to obtain sth • designation • to deem (e.g. a provision violated) • to derive a benefit • tax liability • to rescind • a sham transaction • a concealed transaction

11. Principles of Taxation • to disclose (information) – otkriti • to obtain sth – dobiti, steći nešto • designation – oznaka • to deem (e.g. a provision violated) – smatrati (odredbu prekršenom) • to derive a benefit – ostvariti korist • tax liability – porezna obveza • to rescind – poništiti • a sham transaction – prividan, lažan pravni posao • a concealed transaction – prikriveni pravni posao

12. Principles of taxation • In pairs, prepare a translation of Articles 5 to 11 of the General Tax Act presented in the book (pp. 4-6)

13. Thank you for your attention!