English for Tax Administration IV

General info  Lecturer: Dr. sc. Marijana Javornik Čubrić  Classes: Tuesday 11:30-12:30  Office hours: Tuesday 10:00 – 11:00, Room No. 6  Contact:

Coursebook  M. Javornik Čubrić, English for Tax Administration Study, Društveno veleučilište u Zagrebu,  Units 6-9

Course outline  March 5Introduction and revision of the Croatian tax system  March 12e-Taxes  March 19The European Union  March 26The European Union - institutions  April 2Economic and Monetary Union and the Euro  April 16OLAF  April 23Taxation in the EU  April 30The European Court of Auditors  May 7Revision  May 14Mid-term examination  May 21Presentations  May 28Final revision and signatures

Presentations  1-3 students  Duration: up to 15 minutes  At least two sources (one written)  Notes allowed; reading is not  Draft to be sent one week in advance

Suggested topics  Changes in the Croatian tax system  Croatia in the EU  EU today  Taxation in various European countries

Revision

Croatian tax system  Croatian tax system includes the following taxes:  Corporate ________ tax  Personal _________ tax  Value-_______ tax  Special taxes (________ duties)  Real estate _______ tax  Levies on the organisation of ____________

 Croatian tax system includes the following taxes:  Corporate income tax  Personal income tax  Value-added tax  Special taxes (excise duties)  Real estate transfer tax  Levies on the organisation of games fo chance

VAT  Croatia raised VAT 2% in 2013 when it joined the EU at the start of 2013.

VAT  Old VAT rates: 0, 10, 23%  New VAT rates: 0, 13, 25%  The Croatian VAT rate on restaurants, catering services, newspapers and journals is to rise from 10% to 13%. The announcement was made as part of a range of measures in the 2014 Economic Plan. The rates will rise on 1 January 2014.

PIT  PIT is paid on worldwide income in case of _____________ in Croatia.  Two types of taxpayers are: _____________ and __________  PIT is based on the income earned for _________ work, _________ activities and from ___________ rights

 PIT is paid on worldwide income in case of tax residency in Croatia.  Two types of taxpayers are: residents and non-residents  PIT is based on the income earned for paid work, independent activities and from property rights

Excise duties  Excise duties are paid on certain products, such as….

 Oil, tobacco products, alcoholic and non-alcoholic beverages, beer, coffee, automobiles and other motor vehicles, vessels and aircraft, luxury products

Real estate transfer tax  Taxpayers:  Tax base:  Tax rate:

 Taxpayers: buyers of real property  Tax base: market value of the real property  Tax rate: 5%

Translate the following terms:  Izbjegavanje poreza  Utaja poreza  Porezna olakšica  Oslobođenje od poreza  Porezna obveza  Porezni propisi

 Izbjegavanje poreza – tax avoidance  Utaja poreza – tax evasion  Porezna olakšica – tax benefit  Oslobođenje od poreza  Porezna obveza – tax liability  Porezni propisi – tax provisions

Translate the following:  VAt taxpayer is any legal and natural person (entrepreneur) delivering goods or performing services. Any importer or exporter of goods is also a taxable person.

 Thank you for your attention!