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 means the princi- pal place from which your trade or busi- ness is directed or managed.

  • Commercial domicile The principal place from which you direct or manage your trade or business.


More Definitions of Commercial domicile

Commercial domicile means the principal place from which the trade or business
Commercial domicile means the principal place
Commercial domicile means the principal place from which the trade or business of a business entity is directed or managed.
Commercial domicile means the headquarters of the trade or business, that is the place from which the trade or business is principally managed and directed, or if a financial institution is organized under the laws of a foreign country, of the commonwealth of Puerto Rico, or any territory or possession of the United States, such financial institution's commercial domicile shall be deemed for the purposes of this chapter to be the state of the United States or the District of Columbia from which such financial institution's trade or
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 from which the trade or business of the corporation is managed;
Commercial domicile means the Commercial domicile. – The principal