1. TASK: Insert the appropriate word in the text below:
conditions - crelief - beneficial owner - precise terms
country of residence - sufficient evidence - underlying source
1) to fulfill а) a ________
2) to grant b) ________
3) beneficial с) evidence
4) the country d) duties
5) to carry out e) of residence
6) precise f) owner
7) underlying g) source
8) sufficient h) terms
Some articles in DTAs require other conditions to be fulfilled before relief from UK tax is granted. For example, relief is sometimes only available if the recipient is the ‘________’ of the income or is ‘subject to tax’ in the other country for the income in question, whether for the whole of that income or just for income received in the ________. Also, employment income for duties carried out in the UK is sometimes exempted from UK tax depending on the fulfilment of certain conditions. You therefore need to check the ________ of the particular treaty with which you are concerned, and obtain ________ to demonstrate that the necessary conditions are met, before making a claim for relief from UK tax.
You must keep this evidence in case it is needed later to support your claim. If any part of your claim relates to trust income, it is necessary to detail the nature (for example, dividend, interest and so on) and the amounts of each ________of the trust income concerned.
2. CHECK YOUR SPEAKING
|
to fulfill conditions |
[tu:] [ful'fil] [kənʹdıʃ(ə)nz] |
виконувати умови |
|
to grant a relief |
[tu:] [grɑ:nt] [ə,(eı)] [rıʹli:f] |
надати податкову знижку |
|
beneficial owner |
[͵benıʹfıʃ(ə)l] [ʹəʋnə] |
власник вигодонабувач |
|
the country of residence |
[ðə] [ʹkʌntrı] [ɒv] [ʹrezıd(ə)ns] |
країна проживання |
|
precise terms |
[prıʹsaıs] [tɜ:mz] |
точні умови |
|
underlying source |
[͵ʌndəʹlaııŋ] [sɔ:s] |
базове джерело |
|
sufficient evidence |
[səʹfıʃ(ə)nt] [ʹevıd(ə)ns] |
достатньо доказів |
3. SEE CORRECT ANSWER
1) to fulfill а) a relief
2) to grant b) conditions
3) beneficial с) evidence
4) the country d) duties
5) to carry out e) of residence
6) precise f) owner
7) underlying g) source
8) sufficient h) terms
Some articles in DTAs require other conditions to be fulfilled before relief from UK tax is granted. For example, relief is sometimes only available if the recipient is the ‘beneficial owner’ of the income or is ‘subject to tax’ in the other country for the income in question, whether for the whole of that income or just for income received in the country of residence. Also, employment income for duties carried out in the UK is sometimes exempted from UK tax depending on the fulfilment of certain conditions. You therefore need to check the precise terms of the particular treaty with which you are concerned, and obtain sufficient evidence to demonstrate that the necessary conditions are met, before making a claim for relief from UK tax.
You must keep this evidence in case it is needed later to support your claim. If any part of your claim relates to trust income, it is necessary to detail the nature (for example, dividend, interest and so on) and the amounts of each underlying source of the trust income concerned.
Цей та багато інших цікавих матеріалів Ви знайдете
в підручнику “Practical Financial English”
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