China Investments Pty Ltd, a wholly owned subsidiary of AMGL, has not adopted a constitution. It currently has two directors: Charlie Chester (who is also a director of AMGL) and Tom Tucker, an employee of AMGL. Tom has resigned from AMGL and AMGL would like to replace him on the China

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter11: The Corporate Income Tax
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Problem 18MCQ
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China Investments Pty Ltd, a wholly owned subsidiary of

AMGL, has not adopted a constitution. It currently has two directors: Charlie

Chester (who is also a director of AMGL) and Tom Tucker, an employee of AMGL.

Tom has resigned from AMGL and AMGL would like to replace him on the China

Investments board with Wendy Wu. What steps are required to do this?

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