Self Study Problem One - 8 Self Study Problem One - 8 (Residency Of Corporations) Determine whether the following corporations are Canadian residents for the current year. Explain the basis for your conclusion. A. AMT Lid. was incorporated in New Brunswick in 1964. Until 1994, all of the directors' meetings were held in that province. However, since that time, the directors have met on a regular basis in Portland, Maine. B. UIF Inc. was incorporated in the state of Montana in 1968. However, until four years ago all of the directors' meetings were held in Vancouver, British Columbia. Four years ago, the president of the Company moved to Helena, Montana and since that time all of the directors' meetings have been held in that city! C. BDT Lid. was incorporated in Alberta in 1996. However, it is managed in North Dakota, where all directors and shareholders' meetings have been held since incorporation. D. QRS Inc. was incorporated in New York state. However, all of the directors are residents of Ontario and all meetings of the Board of Directors have been held in that province since incorporation. SOLUTION available in printed and online Study Guide. X w o