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Q4 There is 1 part to Question 4 worth a total of 6 marks. 6 Points Jack & Jill Pte. Ltd. (JJ) is a company
Q4 There is 1 part to Question 4 worth a total of 6 marks. 6 Points Jack & Jill Pte. Ltd. (JJ") is a company which is incorporated in Singapore on 1 July 2020 and whose business is to market and sell baby products sourced ethically from countries across Asia. All its products are marketed and sold outside Australia. JJ was set up by a group of 5 Australian individuals who are shareholders and Board members of JJ. The chairman and one other board members live in Australia, but the other 3 remaining board members are located in Singapore. JJ holds its quarterly board meetings either in JJ's office in Singapore or by virtual meetings using Zoom technology. Advise JJ on whether it is a resident of Australia for tax purposes. If you need more facts, be sure to indicate those that are needed and consider the potential tax consequences if those facts apply. Enter your answer here
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