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QUESTION 1 50 marks 1 Background

ITC September 2021 1 SAICA 2021 Paper 4 QUESTION 1 QUESTION 1 50 marks 1 Background The 34-year-old Ms Emily Nkoane, a South African tax resident, is employed as the chief executive officer (CEO) of Mega Baby (Pty) Ltd ( Mega Baby ). Mega Baby is an online retailer that supplies baby equipment and napkins (nappies) and napkin liners for babies to customers across South Africa. Mega Baby has a no-export policy. Emily founded the company in April 2004 in South Africa and it grew into one of South Africa s largest online retailers in baby products.

QUESTION 1 50 marks 1 Background The 34-year-old Ms Emily Nkoane, a South African tax resident, is employed as the chief executive officer (CEO) of Mega Baby (Pty) Ltd (‘Mega Baby’). Mega Baby is an online retailer that supplies baby equipment and napkins (nappies) and napkin liners for babies to customers

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