Microsoft Word - AAF UG128 Final Paper Spring 2020 W AA | 1 14 | | T - Times New Roma Aa A A ! ab - A xx, abe -U I B 4. Arsia Ltd an Omani Comparty has the following income forthe year ended 31/12/2019: OMR Trading Profit 180,000 Rental Income 24,000 Capital Gain on sale of building 30,000 Capital Gain from sale of shares (listed in MSM) 10,000 Dividend income from Omani Company 16,000 Capital Gain from sale of Shares (not listed in MSM) 20,000 Dividend from Music Plc, an Overseas company 5,000 Total Income 285,000 (a) You are required to calculate the Tax liability payable to Ministry of Finance forthe year ended 31/12/2019. Specify the due dates for submission of the above retum. 6) Arsia Ltd acquired a Patent fromanoverseas Comparty situated in United States of America (USA). The Royalty payable by Arsia Ltd to USA Company is agreed as OMR 60,000 per anhumn Discuss the withholding tax consequences for the payment made to Overseas Company in respect of Royalty. (3 + 2 = 5 marks) Wordcount = 100 words + = = = = ( ) : , 1 IIIF ENG 4x W H ]L[ e [== =0/T8