- tax situs
- A state or jurisdiction which has a substantial relationship to assets subject to taxation
Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
tax situs
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tax situs — A state or jurisdiction which has a substantial relationship to assets subject to taxation … Black's law dictionary
situs — si·tus / sī təs, sē , ˌtu̇s/ n [Latin, position, site, from sinere to leave in place, allow]: a location that is or is held to be the site of something (as property or a crime or tort) and that commonly determines jurisdiction over it the situs… … Law dictionary
Situs (law) — In law, the situs (pronounced sī təs ) (Latin for position or site) of property is where the property is treated as being located for legal purposes. This may be important when determining which laws apply to the property, since the situs of an… … Wikipedia
situs for taxation — A place within the jurisdiction of the taxing authority. For real property, the place wherein the property is situated. For a license tax, the place wherein the acts which require a license are performed. 51 Am J1st Tax § 441. For a personal… … Ballentine's law dictionary
situs — /saytas/ Lat. Situation; location; e.g. location or place of crime or business. Site; position; the place where a thing is considered, for example, with reference to jurisdiction over it, or the right or power to tax it. It imports fixedness of… … Black's law dictionary
Lex situs — The term lex situs (Latin) refers to the law of the place in which property is situated for the purposes of the Conflict of laws. For example, property may subject to tax pursuant to the law of the place of the property or by virtue of the… … Wikipedia
taxable situs — The location where charges may be levied upon personal property by a government, pursuant to provisions of its tax laws. Dictionary from West s Encyclopedia of American Law. 2005. taxable situs … Law dictionary
business situs — A term of application in the law of taxation of intangibles, meaning a situs in a place other than the domicil of the owner, where such owner, through an agent, manager, or the like, is conducting a business out of which credits or open accounts… … Ballentine's law dictionary
business — Employment, occupation, profession, or commercial activity engaged in for gain or livelihood. Activity or enterprise for gain, benefit, advantage or livelihood. Union League Club v. Johnson, 18 Cal.2d 275, 108 P.2d 487, 490. Enterprise in which… … Black's law dictionary
business — Employment, occupation, profession, or commercial activity engaged in for gain or livelihood. Activity or enterprise for gain, benefit, advantage or livelihood. Union League Club v. Johnson, 18 Cal.2d 275, 108 P.2d 487, 490. Enterprise in which… … Black's law dictionary
