6. Despite today's high unemployment rate, skilled workers are in high demand in the construction staffing market.

Task 7. Make an English annotation of the text “The Krasnoyarsk Krai: Economy” (100–120 words), using the keywords and expressions using the results of the previous tasks 3–6.

Task 8. Translate your English annotation into Russian.

Task 9. Compare your Russian annotation with the sample one, which will be given to you by your teacher. Revise your translation, saying which translation variant is better and why.

Task 10. Give a written summary of the text “The Krasnoyarsk Krai: Economy” (300–350 words).

Task 1. Read and study the following text; refer to the vocabulary list given below.

The tax climate in the region is determined by the set of the acts regulating tax system elements of the Russian Federation:

• kinds of taxes;

• distribution of taxes depending on the budget levels;

• taxation.

According to the Tax Code of the Russian Federation there are federal, regional and local taxes. Federal taxes – the sizes of rates, objects of taxation, tax payers, order of their transfer into the budget and commercial funds are established by the legislative acts of the Russian Federation and are raised in its entire territory. Regional taxes and their rates are established by the acts of the Russian Federation and regional authorities and are raised in the whole territory of the region.

The rates under the local taxes (land tax, property tax) are established by the representative bodies of local self-governing authorities of urban districts, municipal areas and rural settlements. The tax on profit of organizations is established by chapter 25 of the Tax code, and is obligatory to payment in the territory of the Russian Federation. The tax rate under the tax on profit is established at the rate of 24 percent, thus: the sum of the tax estimated at a rate of 6.5 percent is accounted into the federal budget; the sum of the tax estimated at a rate of 17.5 percent is accounted into the budgets of the subjects of the Russian Federation. The tax rate of the tax is the subject to be transferred into the budgets of the subjects of the Russian Federation and can be reduced for the separate categories of tax bearers according to the laws of the Russian Federation subjects. However, the specified tax rate cannot be lower than 13.5 percent.

The tax on property of organizations is established by chapter 30 of the Tax Code and laws of the Russian Federation subjects, and from the moment of introduction in action are obligatory to payment in the territory of the corresponding subject of the Russian Federation.

Establishing the tax, the legislative (representative) bodies of the subjects of the Russian Federation determine the tax rate in limits established by the present chapter, order and terms of tax payments, form of accounting under the tax. With the tax establishment, the laws of the subjects of the Russian Federation can also provide tax privileges and bases for their use by tax bearers.

The transport tax is established by chapter 28 of the Tax Code and laws of the Russian Federation subjects, and it is introduced into action according to the present Code by the laws of the subjects of the Russian Federation on the tax and is obligatory to payment in the territory of the corresponding subject of the Russian Federation.

The tax rates are established by the laws of the subjects of the Russian Federation respectively depending on engine’s capacity, draft of the jet engine or total capacity of a vehicle and its category in account on one horse power of vehicle’s engine capacity, one kg of power of draft of the jet engine, one register ton of vehicle or its unit.