Question
A Ltd holds 50% of the voting rights in S1 Ltd and 53% of the voting rights in S2 Ltd. S1 Ltd holds 55% of
A Ltd holds 50% of the voting rights in S1 Ltd and 53% of the voting rights in S2 Ltd. S1 Ltd holds 55% of the voting rights in S3 Ltd and 58% of the voting rights in S4 Ltd. S4 Ltd holds 48% of the voting rights in S7 Ltd and 62% of the voting rights in S8 Ltd. S2 Ltd holds 64% of the voting rights in S5 Ltd and 29% of the voting rights in S6 Ltd. The subsidiaries of A Ltd are:
Select one:
a. S2 Ltd and S5 Ltd.
b. S1 Ltd, S2 Ltd, S3 Ltd, S4 Ltd, S5 Ltd and S8 Ltd.
c. S1 Ltd and S2 Ltd.
d. S1 Ltd, S2 Ltd, S3 Ltd, S4 Ltd and S5 Ltd.
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Handbook Of Income Distribution Volume 2A
Authors: Anthony B. Atkinson, Francois Bourguignon
1st Edition
0444594280, 978-0444594280
