1 (10 MARKS) Elon Reeske was born in South Africa on the 3rd of April 1971. He lived with his parents in Pretoria until deciding to emigrate to Canada on 26 March 2023. At the time of his emigration, Elon owned: a 2-bedroom apartment he bought for R300 000 in 2012 but is now worth R500 000 in Waterkloof, Pretoria. 100% of the issued share capital of Restla (Pty) Ltd (Restla), a South African incorporated company that sells electric cars. The subscription price for the shares was R10 000. The market price of the shares is R8 000 000. Elon retained his South African citizenship but has no intention of ever returning to South Africa. He has not set foot in South Africa since emigrating. On 30 May 2023, Restla declared and paid a dividend of R800 000 to Elon. WHAT IS REQUIRED FROM YOU? Advise Elon on his income tax implication for the 2023/2024 year of assessment. Ignore double tax implications. [10 marks]