Domicile is a legal term meaning, in the case of individuals, a place of permanent residence.
Content
- 1 In various countries
- 1.1 UK
- 2 See also
- 3 References
In various countries
UK
The concept differs from the usual concept of a "residence permit" in the UK , which, in essence, simply means "the right to reside in the country" and does not have legal significance in tax law. Domicile should not be confused with nationality or citizenship.
The term is mainly used in tax law, but differs from the concept of a tax resident. The domicile of a private person determines the tax status , in particular, it affects the inheritance tax and capital gains tax .
There is domicile by birth and domicile of choice . The first is obtained at birth, and in most cases is inherited from the father. Starting from 16 years, domicile can be changed. A person can be a resident in several countries at the same time, or have more than one citizenship, but there can only be one domicile. Persons who have been resident in the UK for 17 out of 20 years automatically acquire UK domiciles.
See also
- UK Taxation
Links
- Private Tax Guide
- Tax duties of residents and non-residents. UK Tax Office Official Website
- British Tax Law Portal
- Yandex large legal dictionary (unavailable link from 06/14/2016 [1201 days])