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Residents and Non-Residents for Taxation

National Board of Revenue | NBR

Residents and Non-Residents for Taxation

Residents are generally taxed differently from nonresidents. Few jurisdictions tax nonresidents with the exception of on specific kinds of income earned within the jurisdiction. See the discussion of taxation by the US of foreign persons. Residents, however, are generally subject to taxation on all worldwide income. An extremely few countries (notably Singapore, Hong Kong, and Panama) tax residents only on income earned in or remitted to the country. The residence is often defined for people as a presence within the country for over 183 days. Most countries base residence of entities on either place of organization or place of management and control. The United Kingdom has three levels of the residence.

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