Tax Residence
/ˈtæks ˈrɛzɪdəns/
Definitions
- (n.) Legal status determining an individual’s or entity’s country for taxation purposes based on residency rules.
The company's tax residence in Ireland subjects it to Irish corporate tax laws.
- (n.) The place where a person or entity is considered to permanently or primarily live or operate for taxation.
Her tax residence is established in the jurisdiction where she spends more than 183 days annually.
Forms
- tax residence
Related terms
See also
Commentary
Tax residence is a crucial concept in determining tax liability and avoiding double taxation; the specific criteria vary by jurisdiction and often require careful analysis of physical presence, intent, and economic ties.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.