Question
Paul, a foreign individual, has been seconded to work in Singapore for a period of 600 days. His employer has granted him various options listed
Paul, a foreign individual, has been seconded to work in Singapore for a period of 600 days. His employer has granted him various options listed below. Which option would be most beneficial if his personal income tax rate back home is 30%, his country does not tax worldwide income, and he is paid SGD40,000 for every 60 days of work?
To work for 600 continuous days over 3 calendar years with effect from 3rd September.
To work for 600 continuous days over 3 calendar years with effect from 2nd December.
To work for 600 continuous days over 3 calendar years with effect from 2nd November.
To work for 600 continuous days over 2 calendar years with effect from 3rd January.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started