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

Examples of Commercial domicile in a sentence

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

  • Commercial domicile is not necessarily in the state of incorporation.

  • A “nonresident PTE member” means a passthrough entity with a commercial domicile outside North Dakota that owns an interest in, or is a beneficiary of, a passthrough entity that is subject to the withholding requirement underN.D.C.C. § 57-38-31.1. Commercial domicile refers to the location ofthe principal office from which the entity’s activities are normally managed or directed.

  • Commercial domicile means the principal place from which the trade or business of the partner 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 of a Utah small business corporation is directed or managed.
Commercial domicile means the principal place
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 trade or business of a business entity is directed or managed.
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