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Unit 10 : Reading Comprehension Questions

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the main point of the passage?

a)

Company should pay more tax.

b)

Why do companies have to pay tax?

c)

The tax system allows companies to pay less tax.

d)

There is a quandary about the tax system for business.

2.

In paragraph 1, why does government provide companies the chance to reduce their tax bills?

a)

To help people

b)

To help companies get more profit

c)

To encourage investment and growth

d)

To get support from those companies

3.

In paragraph 2, what happened with taxing corporate profits?

a)

The public criticized this system.

b)

This system gets the government into problems.

c)

Companies are not happy on the process of tax systems.

d)

Companies are not sure to respond to the tax systems that allows them to pay less tax.

4.

In paragraph 5, what does the word “undermine” mean?

a)

borrow

b)

support

c)

soften

d)

limit

5.

In paragraph 6, what is the consequence of the low tax morale?

a)

The government has more money to develop the country.

b)

Companies get more profits.

c)

The economic grows faster.

d)

It damages public finances.

6.

In paragraph 7, what does the word “their” refer to?

a)

Politicians’

b)

Companies’

c)

Public’s

d)

Commentators’

7.

In paragraph 9, which of the following is not included in a series of questions?

a)

Should incorporated and unincorporated businesses be taxed on a similar basis?

b)

Should business respond to incentives or just pay their taxes?

c)

Should business pay more tax if they get more profit?

d)

Is disclosure the answer?

8.

In paragraph 10, the reader could infer that…

a)

They have not found the solution yet.

b)

They found the best answer for both parties.

c)

Companies could pay less tax without criticism.

d)

Government is going to launch a new regulation concerning tax.

9.

In paragraph 11, the first major point ICAEW missed is…

a)

companies are downsizing and caused the unemployment rate to increase.

b)

multinationals are seeking to avoid tax by shifting their profits

c)

how to balance tax incentives

d)

politician corruption

10.

In paragraph 12, what is the weak point of transparency?

a)

It doesn’t offer a significant solution to the problem.

b)

It does not provide an alternative to companies.

c)

It concerns only the government’s benefits.

d)

It promotes illegal actions.