AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 69 Topic 7 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 69 Topic 7 Discussion

CWM_LEVEL_2 Exam Topic 7 Question 69 Discussion:
Question #: 69
Topic #: 7

Section C (4 Mark)

As a CWM you are required to calculate the tax liability of an individual whose Taxable income is:

• $ 178650 in US dollars and he is a US citizen (single individual)

• $ 85300 in SGD and he is a citizen of Singapore


A.

27450.10 USD and 14780 SGD


B.

28460.50 USD and 15680 SGD


C.

24580.50 USD and 16100 SGD


D.

43482.50 USD and 11942 SGD


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