Commercial domicile definition

Commercial domicile means the principal place from which the trade or business of the taxpayer is directed or managed.
Commercial domicile means the location from which a trade or business is principally managed and directed. If the tax- payer is organized under the laws of a foreign country, the com- monwealth of Puerto Rico, or any territory or possession of the United States, “commercial domicile” shall be deemed for the purposes of this section to be the state of the United States or the District of Columbia from which the taxpayer’s trade or business in the United States is principally managed and directed. It shall be rebuttably presumed that the location from which a trade or business is principally managed and directed is the state of the United States or the District of Columbia at which the greatest number of the taxpayer’s employees work, have their office or base of operations, or are directed or controlled, as of the last day of the taxable year.
Commercial domicile means the principal place from which the trade or business of a Utah small business corporation is directed or managed.

Examples of Commercial domicile in a sentence

Commercial domicile cannot be assigned to a state where the taxpayer has no substantial operation or facility, other than the location of one or more management level employees.

Commercial domicile is not necessarily in the state of incorporation.

Commercial domicile" means the place from which trade or business is principally managed and directed.[PL 1997, c.

Commercial domicile- Quasi Domicil- comes in to effect c at the time of war time According to business area Theories of Torto Theory of Lex Fori – german origin- savigny- forum shoppingo Theory of lex Loci delicti commissi – place tort committedo The proper law of tort- evolved in AmericaBabcock v Jackson – car, new York, gratuitous tort ContractModern English law1.

Non-English-speaking inmates must take English as a Second Language.


More Definitions of Commercial domicile

Commercial domicile means the principal place from which the trade or business of the corporation is managed;
Commercial domicile means the principal place from which the trade or business
Commercial domicile means the principal place from which the tax- payer’s trade or business is directed or managed.
Commercial domicile means the principal place
Commercial domicile means the location from which a trade or business is principally managed and directed. If the tax- payer is organized under the laws of a foreign country, the com- monwealth of Puerto Rico, or any territory or possession of the
Commercial domicile means the Commercial domicile. – The principal
Commercial domicile means the location from which a trade or business is principally managed and directed, based on any factors the department determines are appropriate, in- cluding the location where the greatest number of employees of the trade or business work, have their office or base of operations, or from which the employees are directed or con- trolled.