VIII. Put adjectives in correct form.

1. In recent years income taxes have become (simple) than 10 years ago.

2. The (low) earner in the office.

3. Indirect taxes are (optional) than direct taxes.

4. In Sweden direct taxes are the (high) of all European countries.

5. These goods and services are (cheap) than those.

6. Your earnings abroad are as (liable) to tax as in the home country.

7. The global approach to taxation is (popular) in advanced countries than in other countries.

8. The PAYE scheme is (good) of the three.

9. The flat-rate head tax is the (little) popular in the UK.

10. This tax regime is (bad) than the previous one.

11. This tax regime is the (bad) we have ever had.

IX. Translate into English.

1. Принципы налогообложения бывают общими и менее общими.

2. Швеция имеет самый высокий уровень социального обеспечения в мире.

3. Косвенные налоги более популярны у правительства, чем прямые налоги.

4. Это самый сложный налоговый режим из тех, что я встречал.

5. Левые правительства нуждаются в более высоких налоговых сборах, чем правые.

6. В наше время в развитых странах 30 – 40% всех доходов населения изымается в виде подоходного налога.

7. По истечению финансового года работающий подает в налоговые органы декларацию, где заявляет о своих доходах и скидках.

8. Ставки подоходного налога построены по сложной прогрессии.

9. В последние годы в Великобритании произошло резкое сокращение размеров максимальных ставок и их количества, наметилась тенденция к более пропорциональному налогообложению.

10. Налоговые поступления в бюджет растут не только абсолютно, повышается их доля в доходах государства.

Vocabulary

allowance (n) – пособие, льгота

annually (adv) – ежегодно

approach (n) – трактовка, подход

approach (v) – подходить

authorities pl (n) – власти

avoid (v) – избегать

band (n) – диапазон

declare (v) – декларировать

deduct (v) – вычитать

devise (v) – придумывать, изобретать

earn (v) – получать доход, зарабатывать

earnings (n) – заработки, доход

efficiency (n) – эффективность

employ (v) – нанимать на работу

entirely (adv) – полностью

favour (v) – относиться благосклонно, благоприятствовать

flat-rate tax – подоходный налог с фиксированной ставкой

fund (v) – финансировать, вкладывать

gross (a) – без вычета расходов, гросс

head tax – подушный налог

immediate (adj) – непосредственный

increasingly (adv) – по возрастающей

liable (to) (adj) – подлежащий (налогообложению)

marginal rate of tax (marginal tax rate) – маржинальная ставка налога, предельная налоговая ставка

necessities pl (n) – товары первой необходимости

obvious (adj) – очевидный

originate (v) – происходить

PAYE (pay-as-you-earn) – выплата подоходного налога при получении зарплаты

percentage (n) – доля в процентах

regard(as) – считать, рассматривать

salary (n) – жалованье, зарплата служащего

simplify (v) – упрощать

submit (v) – предоставлять, подавать

total (adj) – общий

Text (b)

International measurement of personal income taxes

International comparative analysis of taxation is very complex. This is particularly true of the measurement of tax burden. Every major characteristic of personal income tax varies in each country. Exemptions, allowances and deductions are all treated differently. Moreover many concessions and transfers of tax payments can radically change the amount of net income. Nevertheless it is important to draw some conclusions from data dealing with the characteristic of personal income tax.

The most important variable factor in taxable income is the treatment of personal situation. In all five countries some tax differential is allowed to a married person usually in the form of a greater allowance than that given to a single person. Moreover, each country also gives greater exemptions for taxpayers with children (although France has a different method of doing it). However, all the other countries except the UK have more tax advantages for people with families, by using the "income splitting' method of assessment (USA and Germany) or the "family unit" system as in France. Income splitting means that the total income of a couple (whether earned by husband or wife or both) is split in half, and is taxed, as if each were a separate income. Because of the progressive nature of tax rates, this results in a smaller overall tax liability than for a single person.

In France the taxable income is split into a number of parts according to the situation and size of the taxpayer's family In Sweden both husband and wife's earned incomes are treated separately for tax.

In this aspect of personal taxation the British system of 'joint liability differs most radically from the other countries. The penalizing of married people in the upper income ranges, by very heavy tax on the wife's earnings is wrong. It has a discouraging effect on the willingness of married women to work-when this results in the surtax range for the married couple. The resulting damage to the nation's economy is big.

In all the five countries the size of personal exemptions is similar (except in France where no such comparison is possible). But when tax becomes payable, it is at a higher rate (30 percent) in Britain than elsewhere. At the other end of the scale the maximum marginal rate in the UK is well above the other countries particularly when taking into account the effect of income-splitting in the US, and the greater avoidance in France and perhaps Germany too.

(from "Britain's Taxes. Some International Comparisons")

I. Match English words and word combinations from column (a) with Russian words from (b) below:

a	b
income splitting the upper income range a discouraging effect family unit overall according to wife’s earnings become payable elsewhere to be split in half to differ radically to be similar the surtax range to be well above overall tax	верхний уровень дохода быть похожим деление дохода на отдельные части семья как единое целое негативное воздействие общий, всеобъемлющий подлежать оплате быть разделенным на две половины заработки жены где-либо еще различаться коренным образом уровень дополнительного подоходного налога в соответствии с быть намного выше совокупный налог

Answer the following questions:

1. What does international comparative analisis of taxation show?

2. What is the most important variable factor in taxable income?

3. What method of assessment is used in the countries having more tax advantages for people with families?

4. What does income splitting mean?

5. What did you learn about income splitting in different countries?

6. How is the British system of joint liability different from the other counties?

7. What effect does the penalizing have?

8. What is the size of personal exemption in the five countries?

9. Where is the tax rate higher than else where?

10. What country has the maximum marginal rate as compared with the other countries?