Question: b . The Managing Director was given a loan by the company of $ 3 , 0 0 0 , 0 0 0 in 2

.

The Managing Director was given a loan by the company of $

3, 000, 000

2022

t refurbish his home. No assessment was previously raised, and the loan remains un Write a short letter advising the company of the potential tax consequences.

(4 m

b. The Managing Director was given a loan by the company

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