C) Say if you have ever reclaimed your VAT.

Date: 2015-10-07; view: 669.

B)Write down 3-5 questions about the texts.

Ex. 4. a) Supply the articles where necessary.

D) Make your own sentences with any five word combinations from (b) and (c).

Ex. 3.Work on vocabulary and grammar.

a) Study the key words of the unit in the dictionary at the back of the book:

tax, taxation, tax allowance, tax breaks, tax concessions, tax benefits, tax exemptions;

b) Think of the verbs that are commonly used with:

tax, taxation, profits, revenue, complaint, claim, effects, non-compliance, tax rate, burden of taxation, privilege, income, exemptions;

c) Think of the nouns that are most often used with:

to levy, to collect, to tax, to impose, to introduce, to pay, to reduce, to avoid, to evade, to exempt;

e) Match the verbs from (a) with nouns from (b) below:

a) to reduce b) economic welfare

to improve taxes

to correct inequality

to increase revenue

to check imports

to withhold business

to tax adverse balance of payments

f) Write out from the main text international words like: contribution, authority, service, etc. Transcribe them and read aloud.

a) If you thought duty-free was ... only way to buy cut price goods in ... Europe, you'd be wrong. Tax-free shopping offers ... even greater number of discounts to visitors from outside ... EU and includes more than just... perfume, ... alcohol and ... cigarettes.

The main difference between ... duty-free and ... tax-free shopping is that duty-free is available to everyone travelling within ... EU. Tax-free shopping, however, is ... perk only available to ... non-EU members flying into European countries, which add up to around 100 million tourists each year. The Value-Added Tax normally included in ... price of goods is refunded when leaving ... EU.

Most goods are sold with VAT included in ... selling price. This ranges from ... 7 per cent for some goods hi Germany to 25 per cent in Sweden and Denmark. In ... UK, VAT stands at 17.5 per cent. However, visitors only get ... saving of 14.8 per cent on ... purchase price as there is ... added fee for... handling of the refund.

Tax-free shopping has become ... big business with tourists from non-EU countries spending huge sums every year. It's a simple system which means you receive ... cash-in-hand refund when you leave ... country. There is often a minimum sale of between

$ 30 and $100 to qualify for... refund. After purchasing any goods ask for ... Tax-free Shopping Voucher which you need to reclaim your VAT. When you leave the EU ... vouchers must be stamped at... customs and all your purchases shown to them. The vouchers can then be cashed at... Refund Points.

Based on: European Businessman

Words you may need:

Англійський Російський Український

варіант варіант варіант

discount скидка знижка

perk преимущество перевага

refund возмещать, відшкодовувати,

возвращать повертати

handling of the refund оформление возврата оформлення повернення

(налога) (податка)

cash-in-hand наличность готівка

to qualify for refund получить право на отримати право на

получение возмеще отримання возмещення

ния

reclaim требовать обратно вимагати назад

voucher квитанция, ваучер квітанція, ваучер