Residency Flashcards
1
Q
Time
A
An individual who maintains a permanent residence in Indiana and spends more than 183 DAYS PER YEAR within the state is a resident
2
Q
Domicile
A
An individual taxpayer may also be considered a resident if the individual is domiciled in Indiana
3
Q
Commercial Domicile
A
A corporation’s commercial domicile is the PRINCIPAL PLACE from which its trade or business is directed or managed
