Law 505

Remaining Time: 3 hours, 16 minutes, 59 seconds. QUESTION COMPLETION STATUS: & Moving to another question will save this response. Question 17 Which of the following statements is most correct? O Royalties are taxed under the capital gains tax provisions. The returns from an annuity are capital in nature. O Interest income is derived from the use of money. e Income is generated most commonly from selling capital assets. Rent is generally statutory income. Moving to another question will save this response. 505 202060.docx LAW505 202060.docx HIN 2011