English for Tax Administration 2 Lecturer: Miljen Matijašević G10, room 6/I, Tue 11:30-12:30 e-mail: miljen.matijasevic@gmail.com Session 3

Revision of the last session What are Taxes?

What are taxes? Provide a definition of tax! Who are taxes paid by? What can be subject to taxation? What is the purpose of taxation? What is tax evasion? What is the difference between direct and indirect taxes?

Translate into Croatian corporate income tax personal income tax value-added tax excise taxes real estate tax real property transfer tax property tax inheritance tax gift tax capital gains tax sales tax

Translate into Croatian corporate income tax – porez na dobit personal income tax – porez na dohodak value-added tax – porez na dodanu vrijednost excise taxes – trošarine real estate tax – porez na nekretnine real property transfer tax – porez na promet nekretnina property tax – porez na imovinu inheritance tax – porez na nasljedstvo gift tax – porez na darove capital gains tax – porez na kapitalnu dobit sales tax – porez na promet

What are Taxes? (cont.)

Common types of taxes Read the definitions of the taxes in the text and translate them. Do exercises II, III and IV

Types of Taxes? Unit 2

Classification of taxes Taxes can be classified according to : the tax base (i.e. what is taxed – personal, income, value, transaction, etc.) who bears the ultimate burden (direct and indirect taxes) the level of government to which the tax revenue belongs (local, county, state, federal taxes) which section of the population they affect the most (progressive and regressive taxes)

Types of taxes Read the text on pp. 6-7 Do exercises II, III, IV and the translation task (pp. 7- 8)

Thank you for your attention!