Which of the following foreign income will be treated as remitted to Singapore in the Year of Assessment 2022 for a company with a financial year ending on 30 April?

1)	Foreign dividend income was utilized on 26 May 2021 to settle liabilities arising from a Singapore-based business.

2)	Foreign rental income was used to settle the deposit payment for the purchase of an immovable property located in Country K on 15 January 2021.

3)	Overseas branch profits used to purchase shares in Black Hole Limited, a company tax resident located in Country W on 1 April 2021.

4)	Foreign interest income was used to settle the hotel accommodation expenses incurred during the sales manager's business trip to Country L on 10 December 2020.

Answer rating: 100% (QA)

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