primary residence — ➔ residence * * * primary residence UK US noun [C] LAW, PROPERTY, TAX ► the place where a person lives most of the time and that is considered their home for legal and tax purposes: »He kept residences in Hawaii, Long Island, and Florida, but his … Financial and business terms
primary residence — noun The dwelling where a person usually lives. A person may have only one primary residence at any given time and is used for legal purposes such as determining where a person votes or pays taxes … Wiktionary
residence — A tax concept. An individual is considered to be resident in the UK in a fiscal year if he remains in the UK for 183 days or more in the fiscal year in question or if in the past four fiscal years he has stayed in the country for an average of 92 … Financial and business terms
residence — noun 1 house ADJECTIVE ▪ desirable (BrE) ▪ palatial ▪ official ▪ royal ▪ personal (AmE), private … Collocations dictionary
primary residences — noun . Note: the primary residence of multiple people since each person can have only one primary residence … Wiktionary
primary — adj. Primary is used with these nouns: ↑agent, ↑aim, ↑allegiance, ↑campaign, ↑care, ↑cause, ↑challenge, ↑colour, ↑commodity, ↑complaint, ↑component, ↑con … Collocations dictionary
New York University residence halls — The Mercer Street Residence, reserved for law students With 12,500 residents, New York University has the 7th largest university housing system in the United States, the largest among private schools.[1] New York University residence halls are… … Wikipedia
Qualified personal residence trust — The following article on personal residence trusts and qualified personal residence trusts is taken from attorney Jacob Stein s treatise on tax planning, with his permission. Residence trusts are used to transfer a grantor’s residence out of the… … Wikipedia
Tax residence — Legal residence is the principle that each legal person (natural or corporate) has a single location of primary residence. This is of relevance with respect to taxation and other state imposed obligations, but is also important with respect to… … Wikipedia
Principal Private Residence (Canada) — The home in which a Canadian taxpayer or family maintains its primary residence. A family unit can have only one principal private residence at any given time. In order to qualify, the house must be owned by the taxpayer or couple, or inside a… … Investment dictionary
