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autumn quiz
Autumn Quiz
If you prefer, you can download a PDF version of the form
here
.
Autumn Quiz
Name
*
Full name, including title (Mr, Ms, Dr, etc)
Membership Status
*
I am an ITPA member
I am not an ITPA member
Email
*
1. I can have an aeroplane registered as a US plane and operating within the United States by using
*
A) a Cayman trust
B) a USVI company
C) a company incorporated in the Maldives
2. I can license television programmes to a station in Montreal without paying tax on the royalties by using
*
A) a Scottish limited partnership with a French name and its office in Paris
B) a Liechtenstein 'Anstalt'
C) a Hong Kong company
3. I can have a vehicle receiving dividends from US companies which suffer only the lower rate of withholding tax provided by the US tax treaty, without paying tax where it is resident, by using
*
A) a company incorporated in the Marshall Islands
B) a trust in Sark
C) a Modular Trust in New Zealand
4. An English company is free of UK tax on its profits arising in the European Union if it is
*
A) resident in Barbados
B) limited by guarantee
C) registered with the Belgian Chamber of Commerce
5. In Bermuda, an Exempt Company is exempt from
*
A) the prohibition on ownership of Bermuda companies by non-Bermudans
B) the need to show economic substance
C) corporation tax
6. In the USA, some States levy no State income tax. These include
*
A) New Mexico
B) Wyoming
C) California
7. The Italian 'forfait' lasts for
*
A) 15 years
B) 20 years
C) the lifetime of the holder
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