Page 11 - PowerPoint Presentation
P. 11
Question
• Mining plc is a company incorporated and tax
resident in the United Kingdom. However, the
location of the majority of its mining operations are
situated in South Africa. The company wished to
further expand its mining operations in South Africa
and therefore decided on 1 July 2014 to relocate the
executive directors to South Africa. All future board
meetings will take place in Johannesburg, South
Africa. The executive directors are responsible for the
strategy and operations on a daily basis. The
company has a December year end.
11