English for Tax Administration 2 Lecturer: Miljen Matijašević G10, room 6/I, Wed 11:00-12:00 e-mail: miljen.matijasevic@gmail.com Session 5

Today’s Session Revision of the last session The Principles of Taxation Taxes in Croatia

Revision of the last session

Answer the questions Explain the following terms: taxable base tax rate tax return tax refund compensation write-off statute of limitations

Principles of Taxation Unit 2

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

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

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

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

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

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)

Taxes in Croatia Unit 3

Taxes in Croatia values of the Croatian economy free market entrepreneurial freedom equal rights guaranteed to both domestic and foreign investors a system of direct an indirect taxes agreements to avoid double taxation

Taxes in Croatia Read and analyze the chart on p. 24 in your books. Do the exercises on p. 25.

Thank you for your attention!