Ebay Limited is incorporated in Australia and is a 100 per cent owned subsidiary of an Australian company. The Australian parent is in the business of manufacturing a number of products. Ebay’s...

Ebay Limited  is incorporated in Australia and is a 100 per cent owned subsidiary of an Australian company. The Australian parent is in the business of manufacturing a number of products. Ebay’s business mainly involves the marketing of those products in New Zealand. The management of Ebay takes place from its Auckland office. Ebay does not have an office in Australia, but it has several branch offices in New Zealand outside Auckland. The overall strategic control of the company by its directors is exercised from Australia. Determine if Ebay is tax resident in New Zealand. Explain