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CIMA Discussions
CIMAPRA19-F01-1 Exam - Topic 1 Question 111 Discussion
CIMAPRA19-F01-1 Exam - Topic 1 Question 111 Discussion
Actual exam question for CIMA's CIMAPRA19-F01-1 exam
Question #: 111
Topic #: 1
[All CIMAPRA19-F01-1 Questions]
What does the exemption method of giving double taxation relief mean?
A
The countries agree that all types of income will be exempt or partially exempt in one country or the other.
B
The countries agree on certain types of income which will be exempt or partially exempt in one country or the other.
C
The countries agree on certain types of income which will be exempt or partially exempt in both countries.
D
The countries agree that all types of income will be exempt or partially exempt in both countries.
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Suggested Answer:
B
by
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at
Apr 29, 2025, 02:52 PM
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Kaycee
2 months ago
How can they agree on exemptions without a clear definition?
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Rebecka
2 months ago
Wait, so not all income is exempt? That seems odd.
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Gladys
2 months ago
It's about specific types of income being exempt in one country.
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Linn
3 months ago
I thought it was all types of income, like option A.
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Karon
3 months ago
Totally agree, option B is the right one!
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Francene
3 months ago
I thought the exemption method was about partial exemptions for certain incomes, but I can't remember if it's for one country or both.
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Emile
3 months ago
I have a vague memory that the exemption method applies to both countries, but I can't recall if it covers all income types or just some.
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Barrie
4 months ago
I remember practicing a similar question where we discussed how countries typically agree on certain income types. I feel like option B might be correct.
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Lashon
4 months ago
I think the exemption method means that only specific types of income are exempt, but I'm not sure if it's just one country or both.
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Daron
4 months ago
I'm a bit confused by the wording of this question. I'll need to re-read it a few times to make sure I understand what it's asking.
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Mozelle
4 months ago
I've seen questions like this before, so I'm feeling confident. I'll start by eliminating the options that don't seem to match the description.
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Aileen
4 months ago
Okay, let me break this down - the key seems to be understanding what "exemption method" means in the context of double taxation relief.
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Steffanie
5 months ago
Hmm, I'm not entirely sure about the difference between the options. I'll need to think this through carefully.
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Launa
5 months ago
This question seems straightforward, I think I can handle it.
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Kaycee
2 months agoRebecka
2 months agoGladys
2 months agoLinn
3 months agoKaron
3 months agoFrancene
3 months agoEmile
3 months agoBarrie
4 months agoLashon
4 months agoDaron
4 months agoMozelle
4 months agoAileen
4 months agoSteffanie
5 months agoLauna
5 months ago