tax home

tax home

A person's principal place of business or employment. Used for determining if travel expenses are deductible,because they are from the tax home to other business locations,or if they are simply nondeductible commuting expenses from the residence to the tax home.

Tax Home

The business location, post, or station of the taxpayer.
References in periodicals archive ?
Rauners example of a high property tax home, however, was a little unusual.
One is for the airline industry whose workers are so mobile it was hard to define their tax home.
companies to acquire smaller foreign companies and move their tax home to a foreign jurisdiction as part of the overall transaction to avoid paying U.
A person will be considered a bona fide resident of Puerto Rico for a particular taxable year only if such a person 1) satisfies the presence test; 2) does not have a tax home outside Puerto Rico during the year; and 3) does not have a closer connection to the United States or a foreign country than to Puerto Rico for that tax year.
resident status by establishing a tax home in a foreign country and a closer connection to that foreign country than to the United States (Sec.
On each of his tax returns for the years in question, Evans took the position that his tax home was in Russia and excluded his wages earned there from his gross income under Sec.
Those who qualify are individuals whose tax home is a qualifying foreign country and who are either a U.
MILAN, Safar 19, 1436, Dec 11, 2014, SPA -- Carmaker Fiat Chrysler is denying rumors that Italian luxury sports carmaker Ferrari SpA is considering moving its tax home out of Italy as part of a spinoff.
Such a reform would end the corporate stampede toward "inversions," changing a corporation's tax home to avoid taxes.
The price of a foreign tax home for drugmaker AbbVie Inc.
The province will not tax home heating oil or children's clothing and footwear.
The reviews also praised and the ability for residents to pay for council tax “The council tax home page is clearly set out, and it's easy enough to see what information and services are here.