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Testra Pty Ltd, is a company incorporated in South Australia as the wholly owned subsidiary of a company incorporated in New Zealand. No business will

Testra Pty Ltd, is a company incorporated in South Australia as the wholly owned subsidiary of a company incorporated in New Zealand. No business will be carried on by the South Australian company in Australia in the income year. Is Testra Pty Ltd a resident company within the definition of section 6 of the ITAA36? a. Yes, Testra Pty Ltd is a resident within the definition of section 6 of the ITAA36 b. No, Testra Pty Ltd is not a resident within the definition of section 6 of the ITAA36

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