Question
Which of the following statements, in relation to the residency of a company in s 6(1) ITAA36 best describes the principle established in Malayan Shipping
Which of the following statements, in relation to the residency of a company in s 6(1) ITAA36 best describes the principle established inMalayan Shipping Company Ltd v FC of T?
a. | A company will be a resident of Australia if the voting power is controlled by shareholders who are residents of Australia. | |
b. | A company will be a resident of Australia if incorporated in Australia. | |
c. | A company carrying on a business in Australia is deemed to have its central management and control in Australia. | |
d. | When the central management and control of a company is in Australia and the day to day management decisions of the company are made in Australia it is deemed to be carrying on a business in Australia. | |
e. | A company incorporated outside of Australia will always be a resident of Australia. |
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