Domicile refers to the place you call home permanently. Your domicile is important for legal purposes such as paying taxes, voting, and claiming benefits.1. a dwelling place : place of residence : home 2. Law a : a person's fixed, permanent, and principal home for legal purposes Actual place of business: Any location that the defendant, through regular solicitation or advertisement, has held out as its place of business (sec. It means your permanent home, i.c. , any place where you have lived and, while you are absent from it, you intend to return. Domicile - A fixed permanent home to which an individual intends to return whenever absent. A place of residence; house or home; abode. A homestead exemption is a legal provision that helps to reduce the amount of property taxes on owner-occupied homes.