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Residency



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BoatWiki - Definitions

Definition


A domicile can be defined as the location or country where a person or entity permanently resides. This may or may not coincide with a residency as this can be transient in nature. People can own more than one residence, but there is only one domicile.

Context


Issues of domicile and residency can have implications when it comes to boat registration and taxation requirements. These are addressed throughout BoatWiki as they relate to various state and federal agencies.


Credits and References

3/11/2022 - Page initiated by Team BoatWiki.




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