Medi Assist Healthcare IPO

Explore
Open Demat Account Login
Finance Wiki
Trending Categories
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
#

Taxes

Habitual abode

This can be determined by considering factors such as permanent residence, personal and economic ties, and the center of vital interests. This rule helps determine which country has the primary right to tax an individual's income.

When we talk about the tie-breaker rule in the OECD model tax treaty, one of the key factors that comes into play is the concept of habitual abode. This simply refers to the amount of time an individual spends in each country. In order to determine this, we consider various aspects such as where the taxpayer has a permanent residence, their personal and economic connections, and their center of vital interests. This rule is crucial in determining which country has the primary right to tax an individual's income.

Explore other categories
All terms related to investments like bonds or treasury bills that provide regular, fixed payments,
Learn More
All terms and concepts related to borrowing money, including different types of loans, interest rate
Learn More
Terms related to decisions and events initiated by a company that can impact its stock, such as divi
Learn More
All terms and concepts related to technical analysis in finance, which involves using historical pri
Learn More
All terms and concepts related to the use, features, and management of payment cards allowing users
Learn More
A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
Learn More
Legal contracts that represent financial value, such as stocks, bonds, options, futures, and various
Learn More
All terms and concepts related to insurance, which is a financial arrangement that provides protecti
Learn More
All terms and concepts related to stocks, also known as equities, which represent ownership shares i
Learn More
Investments that provide regular, fixed payments, such as bonds and treasury bills.
Learn More
Enjoy Zero Brokerage On Stock Investments
Send App Link