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

Revision of the last session

Answer the questions Name the four purposes of taxation. Explain each purpose in one sentence. Who are taxation subjects? What rights and obligations do they have?

The General Tax Law Unit 1

The Principles Read the first four principles and retell them in your own words Do the same with the remaining six principles (p. 2) Prepare a translation of the principles

Protection of Human Rights Do Vocabulary Practice – exercise 1 Translate the paragraph

Taxable base Do exercise 2. on page 3 Translate the paragraph the tax authority will make an ESTIMATE if the taxpayer: fails to provide proper books or records required by the law cannot prove the authenticity of the data submitted refuses to take part in or impedes the taxation procedure

Tax Return (porezna prijava) a formal statement on a required legal form showing taxable income, allowable deductions and exemptions, and the computation of the tax due* a form on which a taxpayer makes an annual statement of income and personal circumstances, used by the tax authorities to assess liability for tax** NB: not to be confused with TAX REFUND Translate the definition! *definition by Merriam-Webster’s Dictionary **definition by Oxford Dictionary

Tax Rights and Obligations cease by: payment refund compensation write-off statute of limitations In pairs, try to work out the meanings of the above.

Tax Rights and Obligations payment settling of tax to be paid refund tax authority refunds any overpaid tax or tax paid that should not have been paid at all compensation offsetting of a tax debt by settling other public debts instead of receiving a tax refund write-off if tax could not be collected even by way of forcible payment statute of limitations a tax debt becomes obsolete

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)

Thank you for your attention!