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XIN LTE is a company that operates electronic goods retail stores in Singapore, Malaysia, and Australia. In each country where it operates its stores, a

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XIN LTE is a company that operates electronic goods retail stores in Singapore, Malaysia, and Australia. In each country where it operates its stores, a local manager is in charge of the day-to-day management of each store The company was incorporated in Australia and is therefore regarded as an Australian tax resident under Australian domestic tax law The company has three directors, one of who is resident for tax purposes in Australia and two of whom are resident for tax purposes in Singapore. The board of directors meets four (4) times each year in Singapore and four (4) times each year in Malaysia for the purpose of exercising the company's management decisions. REQUIRED (1) Advise XIN LTE whether it is a resident of Singapore under the Singapore Income Tax Act. (ii) Advise XIN LTE as to its residence status under the Singapore-Malaysia Double Tax Agreement or the Singapore- Australia Double Tax Agreement. Your answer must refer to any tie-breaker provisions in each of the Double Tax Agreements. (ili) Advise XIN LTE whether it is taxable in Singapore under the Singapore Income Tax Act and the Singapore- Malaysia Double Tax Agreement and the Singapore-Australia Double Tax Agreement

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