Residence: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Delete link.) |
||
| Line 12: | Line 12: | ||
* [[Domicile]] | * [[Domicile]] | ||
* [[Jurisdiction]] | * [[Jurisdiction]] | ||
* [[POEM]] | * [[POEM]] | ||
* [[Tax inversion]] | * [[Tax inversion]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 16:09, 2 November 2016
Tax.
For tax purposes, the main test for residence is the location of central management and control of the overall business.
In practice it is usually determined by the place where the directors meet.
Residence (or non-residence) in a tax jurisdiction is important, because local tax authorities typically levy heavier tax burdens on taxpayers resident within their jurisdiction.
