Daysium accurately counts days for tax residency by logging your global movements, and counting days according to jurisdiction-specific tax rules.
Day Count Mechanism:
Location Logging:
Daysium captures your location as you move from place-to-place, anywhere in the world, as long as there is data coverage.
Unavailable Location Data:
In cases where there is no data coverage or you do not move from a location, Daysium will display an 'Assumed' day, indicating that you are presumed to be at the last recorded location.
Jurisdictional Presence:
The collected location data helps ascertain which country or jurisdiction you are in, which is crucial for tax compliance.
Tailored Rulesets:
What counts as a day differs across jurisdictions and it is defined in the countries tax legislation. Daysium has coded tax and visa legislation into our platform to enable our clients to count days accurately.
💡For instance, a 'day' in the United Kingdom is counted if you are present there at midnight, whereas most countries count any physical presence within a calendar day.
Exceptions and Variations:
It’s important to note that there are variations and exclusions to day counting rules. With Daysium, you can rest assured variations are taken into account and your day count is accurate based on your needs.
💡For example, in Ireland, if you arrive at an airport from overseas, you do not leave the airport and remain airside, and subsequently depart without entering the country, your presence in Ireland does not count as a day.
Daysium's sophisticated day counting and tailored Rulesets ensure that you can manage your tax residency with precision.