Exercise 7Match each word or phrase on the left with the appropriate word or phrase on the right.
1.Tax – the system of charging taxes.
2. Taxation __an amount of money that you must pay to
the government according to your income, property, goods etc.
That is used to pay for public services.
3. Drect taxation ___ the taxing of thethings people buy.
4. Idirect taxation ___ the taxing of income.
5. Icome tax ___ a tax based on the value of someone’s
hause.
6. Poperty tax ___ tax paid on the money that you earn.
7. Sales tax ___ a tax paid by companies on their profits.
8. Corporationtax ___ tax that yopu haveto pay in
additionto the cost of something you are buying.
9. Tax burden _____a special reduction in taxes thatthe
government allows for a particular purpose.
10. Tax avoidance ____illegal ways of paying less tax.
11. Tax evasion ____legal ways of paying less tax.
12. Tax break ____ the total amount of taxpaid byan
average person.
13. Tax exile ____ a place where people go to live to
avoid paying high taxes in their own country.
14. Tax haven ____ someone who lives abroad in order
to avoid paying high taxes in their own country.
