Centre of vital interests,
Definition of Centre of vital interests:
A method of determining the legal country of residence of an individual for income tax purposes. If an individual has homes in two countries, legal residence may be determined by the individuals centre of vital interests. The vital interests of an individual lie in the country where he maintains a business or has a family. If an individual has family homes and businesses in two countries, the country of residence is the one in which his personal and business interests are greater.
Meaning of Centre of vital interests & Centre of vital interests Definition