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A place where one maintains one's primary residence for tax purposes. One proves a domicile by registering to vote, maintaining a driver's license, and/or actually living in the place. It is important to note that one usually but does not always live in the domicile. Indeed, domiciles are somewhat controversial, especially in Britain. This is because many foreign workers claim other places as their domicile in order to avoid taxes on worldwide income. For example, a resident of Britain with a house in Oklahoma may register to vote in Oklahoma and claim this as their domicile. Thus, the resident only pays taxes on income earned in the United Kingdom. Lawmakers have made various suggestions on how to close to loophole but one may still take advantage of it.
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Your domicile is your permanent residence, which you demonstrate by using it as your primary home, holding a driver's license using that address, and registering to vote in that district.

Your domicile affects your state and local income taxes, state estate and inheritance taxes, and certain other tax benefits or liabilities.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.


The place of one's principal residence.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
'Revenue department officials are responsible for issuing fake domiciles,' remarked Justice Mushir, adding that such officers should be removed from their posts.
People expressed jubilation over provision of such a beneficial facility to them and said earlier they had to visit many times to different offices for obtaining domicile and now they received the domicile near to their homes.
These small domiciles have to demonstrate that they can comply with [the issue of] base erosion and profit-sharing.
candidates studying in big cities get domicile of cities having a low literacy rate and get admission in the favorite universities.
Thus, he said Alan cannot claim domicile in Barangay Bagumbayan, while his wife, Lani Cayetano, in Barangay Fort Bonifacio.
Amlin and QBE have selected Brussels as their EU domiciles - decisions that were "largely driven by the fact that they have an existing presence there," said the report.
After departmental procedure the domiciles were handed over to students through their institution and precious time and money of the parents were saved.
He said over 30,000 domicile forms had been printed and were being issued to the principals of government schools across the district.
Several states define "resident' in similar ways to New York and test a change in domicile using similar methods.
But Rivers' will was filed through the legal system of New York, her primary residence, though probate is usually done in the state of domicile.
onshore captive domicile of the year as part of its annual U.S.
domiciles within the District of Columbia." (100) Other statements