Download English for Law 1

Lecturer: Miljen Matijašević
e-mail: [email protected]
G10, room 6, Wed 11:00-12:00
Session 9
1.
2.
3.
4.
5.
The European Court of Auditors can _________ out audits
of any institution which uses EU funds. It can also
conduct on-the-_________ checks. Its employees prepare
_________ reports for the European Commission.
OLAF has extensive _________ of investigation into civil
offences.
Cigarette smuggling and _________ of euro coins are
some of the illegal activities investigated by OLAF.
The Tax Administration can _________ persons for
violating tax regulations. The trials take place at the
criminal and _________ courts.
The aim of the common tax policy in the EU is to avoid
large differences in VAT rates, which can _________ the
single market.
1.
2.
3.
4.
5.
The European Court of Auditors can CARRY out audits of
any institution which uses EU funds. It can also conduct
on-the-SPOT checks. Its employees prepare DRAFT
reports for the European Commission.
OLAF has extensive POWERS of investigation into civil
offences.
Cigarette smuggling and COUNTERFEITING of euro coins
are some of the illegal activities investigated by OLAF.
The Tax Administration can PROSECUTE persons for
violating tax regulations. The trials take place at the
criminal and MISDEMEANOUR courts.
The aim of the common tax policy in the EU is to avoid
large differences in VAT rates, which can DISTORT the
single market.
 seizure
of assets
 tax
base
 tax
liability
 to
submit a tax return
 GDP
growth rate
 dismissal
 diversion
 subsidy
of funds
 seizure
of assets – zapljena imovine
 tax
base – porezna osnovica
 tax
liability – porezna obveza
 to
submit a tax return – predati poreznu
prijavu
 GDP
growth rate – stopa rasta BDP-a
 dismissal
- otkaz
 diversion
of funds – preusmjeravanje
sredstava
 subsidy
- subvencija
 konkurencija
 trošarina
 prekogranična
 (sudsko)
 sklopiti
vijeće
sporazum
 poremećaj
 prihod
trgovina
tržišta
od poreza
 konkurencija
 trošarina
- competition
– excise tax, excise duty
 prekogranična
 (sudsko)
 sklopiti
vijeće – (court) chamber
sporazum – conclude an agreement
 poremećaj
 prihod
trgovina – cross-border trade
tržišta – market distortion
od poreza – tax revenue
1.
The Court checks the revenue and expenditure of the European
Union (and any body created by the Community) for legality and
regularity and ensures that its financial management is sound.
2.
Member states set the rates of personal income tax themselves.
VAT rates are an exception, although there is considerable
leeway for national differences. The EU requires unanimity of all
member states for any decisions on tax matters. This rule
safeguards national autonomy.
3.
The most important of the ‘Maastricht criteria’ is that the
country’s budget deficit cannot exceed 3% of its gross domestic
product (GDP) for more than a short period. Public borrowing
must not exceed 60% of GDP.
4.
The Tax Administration collects and processes data on defined
and collected taxes and obligatory contributions and proposes
changes in tax policy and tax regulations and other regulations
in order to improve the tax system and collect taxes and
obligatory contributions in a more efficient way.
Thank you for your attention!