Resident individual definition

Resident individual means any natural person who is domiciled in this state at any time during the taxable year or who resides in this state during the taxable year for other than a temporary or transitory purpose. In the absence of convincing proof to the contrary, an individual other than a member of the armed forces of the United States, who is present in this state for more than one hundred eighty-three (183) days during the taxable year, is presumed to be a resident, but the absence of an individual from this state for more than one hundred eighty- three (183) days raises no presumption that the individual is not a resident. A resident who removes from the state during a taxable year is considered a resident until such resident has both established a definite domicile elsewhere and abandoned any domicile in this state;
Resident individual means a natural person who is domiciled in this state. A natural person who spends in the aggregate more than six months of the taxable year within this state shall be presumed to be a resident for purposes of this act in absence of proof to the contrary. A nonresident individual means an individual other than a resident individual.
Resident individual means a resident individual as defined in section 82;

Examples of Resident individual in a sentence

  • Resident individual shareholders holding shares in Arcus directly and not through a share savings account will be taxable for any gains or losses realized from the transfer of shares after the Merger.

  • The PIN facility is currently being offered only to the following categories of Unitholders who hold units either “Singly” or in “Anyone or survivor” or “Joint” mode:  Resident individual  Non-Resident Indian  Hindu Undivided Family  Minor BPAMC/Mutual Fund may at its own discretion offer the said facility to other categories of investors/Unitholders on such terms and conditions as it may deem advisable.

  • Resident individual shareholders holding shares in Arcus through a share savings account (“Aksjesparekonto”) will not be taxed for any capital gains or losses realized from the transfer of shares after the Merger.


More Definitions of Resident individual

Resident individual means a person who is domiciled in this State.
Resident individual means a natural person domiciled in Oklahoma who spends a total of more than seven (7) months of the taxable year within Oklahoma. Such person is presumed to be a resident in absence of proof to the contrary.
Resident individual means a natural person who is domiciled in this state and a natural person who maintains a permanent place of abode within this state and who spends in the aggregate more than six (6) months of the taxable year within this state. A "nonresident individual" means an individual other than a resident individual.
Resident individual means an individual domiciled in this State. A “nonresident individual” means an individual other than a resident individual or a part‑year resident.
Resident individual means a person resident in India who is a natural person;
Resident individual means an individual who is domiciled in this state for any period of time during the taxable year, but only for the duration of the period during which the individual is domiciled in this state.
Resident individual means someone: