Section B (2 Mark)
As per Double Taxation Avoidance Agreement, the Royalties in UK is charged at:
Suggested Answer: C
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25 comments · newest first
HO
Howard
2 days ago
D) Nil? That doesn't make sense for royalties.
CI
Ciara
7 days ago
I remember reading about B) 15 in our notes.
KY
Kyoko
12 days ago
C) 30 seems too high for royalties.
TA
Tayna
17 days ago
I was leaning towards A) 22.5. It sounds familiar.
FR
Francine
23 days ago
I think it's B) 15. Seems reasonable.
GR
Graciela
28 days ago
I agree with B) 15. It aligns with many agreements.
RU
Ruby
1 month ago
I lean towards C) 30. Higher rates are common.
HY
Hyman
1 month ago
I chose D) Nil. Could be a trick question!
IN
Inocencia
1 month ago
I remember reading about this. Definitely B) 15.
LE
Levi
2 months ago
I feel unsure about this one. Maybe A) 22.5?
ST
Stephane
2 months ago
I think it's B) 15. Seems reasonable.
HE
Hector
2 months ago
Definitely 15%, no doubt about it!
QU
Quentin
2 months ago
I heard it could be nil in some cases?
MA
Marjory
2 months ago
Wait, I thought it was 22.5%!
CA
Casie
2 months ago
Totally agree, 15% is the right answer!
AR
Ariel
3 months ago
It's 15% for royalties in the UK.
AL
Alyce
3 months ago
Nope, definitely 15%.
DO
Donte
3 months ago
Isn't it supposed to be nil for certain cases?
PU
Pura
3 months ago
Wait, I thought it was 30%!
RA
Raylene
3 months ago
Totally agree, 15% is the right answer.
VA
Valentin
4 months ago
It's 15% for royalties in the UK!
WE
Wenona
4 months ago
I feel like I’ve seen 30% mentioned in some contexts, but that seems too high for royalties under a DTA. I’m leaning towards 15%.
AL
Alpha
4 months ago
I’m confused about this one. I thought it could be 22.5% based on some agreements I studied, but I’m not confident.
CH
Charisse
4 months ago
I remember practicing a similar question, and I think the answer was 15% too. It seems to be a common rate in many agreements.
JI
Jina
6 months ago
I think the rate for royalties under the DTAAs is usually around 15%, but I’m not entirely sure if that applies to the UK specifically.