Legal Residence

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Legal Residence

The place of domicile—the permanent dwelling—to which a person intends to return despite temporary abodes elsewhere or momentary absences.

A person can have several transitory residences, but is deemed to have only one legal residence.

See: address
References in periodicals archive ?
These complexities in determining an individual's tax residence are problematic not only for purposes of ongoing compliance, but also because a change in residence can trigger significant immediate tax liability under the proposed RBT exit taxes.
Despite this, AOI did not have tax residency in the United States, because, said Lyn Oates, professor of tax and accounting at the University of Exeter Business School in the UK, the United States determines tax residence on the place of incorporation only.
The draft further said that the government should retain provisions of the 2000 circular of the Central Board of Direct Taxes on acceptance of Tax Residence Certificate issued by Mauritius.
Estate and gift tax domicile in the United States is not necessarily the same as income tax residency, so it is possible to acquire income tax residence without becoming domiciled in the United States for estate and gift tax purposes.
It would be due even if the transaction took place outside of European territory, as long as one of the parties (bank, investment fund, pension fund, insurance company, etc) has its tax residence in the EU.
Organised by Deloitte's Global Employer Services team, the seminar covered topics such as the US tax system for expatriates; privacy implications of employee global mobility; and latest developments on UK tax residence.
Given the foregoing, it is noted and the procedure for amending the tax residence of the taxpayer's motion, approved by the A.
Publisher Informa switched to a Swiss tax base in 2009 while advertising group WPP and drugmaker Shire moved their tax residence to Ireland.
And he added: "The change of tax residence would allow us to increase investment to.
This public offering is designed for individuals with tax residence in Algeria, especially the workers, according to the same source.