Residency is a key
factor in taxation, since a taxpayer is generally liable to payment of taxes to
the state where he is resident.The
issue of residency is a topical one that deserves additional discourse. It
would appear that the residency rule which obligates a taxpayer to pay to the
relevant tax authority of where he resides still stands; what has now been
amended is the principal place of residence which should be considered when an
individual has more than one residence. A challen...