Writing Requirements: Tips for Clear and Effective Communication

Developing Your Ideas

Writing requirements:?Develop your points ina clear, logical and succinct manner. ?Be mindful of the target audience/reader. Use language appropriate to the reader’s expected level of knowledge. ?Free from grammatical and typographical errors.?Provide in-text citations when referencing (use APA referencing guidelines).?Include less relevant details as an appendix if necessary.?Good overall presentation of the report.

(a) Apply the relevant tests of residence, determine the tax residence status of Desmondand Diana for Year of Assessment 2020 and indicate the basis to support the positionyou have adopted. 

(b) Based on the answer in part (a) above, compute Desmond’s minimum tax payable forYear of Assessment 2020 using an appropriate format for tax computation andindicating “0” on items which do not require tax adjustment(s) or are not taxable.

(c) Briefly explain the tax treatment of the following items which you have adopted in the answer in part (b) above with reference to the applicable source rule (for taxation) and the relevant income tax concept(s):

(i) The special and appreciation bonus which was paid by WIL and credited toDesmond’s UOB bank accounts in Singapore on August 7, 2019;

(ii) The gain from the exercise of the share option on August 25, 2019;

(iii) Gain from the sales of WTEL shares; and

(iv) Contractual bonus as opposed to the discretionary performance bonus received.