As from 1 January 2021, royalties received by an individual in his capacity as author of a qualifying literary work may be taxed at a final tax rate of 15%.  If an individual opts to have such royalties taxed under Article 31F of the Income Tax Act, then the tax paid under this Article is final, meaning that no set-off or refund on such tax is granted, however it also means that this income is deemed to constitute separate chargeable income and will not form part of the total income of that individual.