Kat before she started the company with Akhtar worked in Nigeria as a management consultant using her private company. Her company had three investments in Nigeria in local companies. These companies paid her each year a dividend of $$150$ Nigerian Naira each $=$ $$450$ Nigerian Naira. The company did not take the dividends but elected to reinvest the dividends into extra shares in the company. In addition it had loaned $$100,000$ Nigerian Niara to a developer who was paying interest at the rate of $8\%.$ The company received $$8,000$ Nigeria Niara as well. The exchange rate is $$1$Nigeria Naira $=$ SGD$8$ cents. Singapore does not have a double tax agreement with Nigeria. No withholding tax was deducted. The funds were remitted back to the company$$s Singapore.

Is Kat$$s private company liable for income tax on the income from Nigeria? If so how much tax should it pay?ore bank account. according to singapore tax