Do businesses pay tax?
Purpose:
Students should understand why a business has to pay taxes and how this contributes to the Society’s wellbeing.
Objectives:
Identify and understand where do the money paid by businesses in taxes go and what happens to that money from that point forward.
Understand the benefits the employees get due to the taxes paid by their employers.
The content of this training course:
- is of general nature only and is not intended to address the specific circumstances of any particular individual or entity;
- does not provide professional or legal advice;
- is valid as of the date of its publication. Updated VAT rates can be consulted on EUROPA.
Only European Union legislation published in the Official Journal of the European Union is deemed authentic.
Materials:
Micro-clip “Do businesses pay taxes?”
Interactive whiteboard (or just an LCD projector)
Vocabulary:
taxes, business, State Budget, public services