Part 2/9:
Tax residency determines in which country an individual is obliged to pay taxes. This is not a matter of personal choice; it involves strict regulations that consider various factors. For instance, if you are from Estonia but currently reside in Denmark, the rules surrounding tax residency will dictate where you owe taxes.
Generally, one is deemed a tax resident in a country if they have a home they occupy or if they spend at least six months of the year there. This means individuals must assess their unique circumstances against these criteria.