The Golden State says the Montana loophole costs California $20 million a year in lost tax revenue.
Montana has long served as a tax haven for supercar owners who don't want to pay the full sales tax on their pricey rides. The recipe is simple: form a limited liability company in Montana, buy and ...
The so-called Montana Loophole drains about $20 million in tax revenue each year, according to Sen. Jerry McNerney's office.
California regulators have launched a sweeping review of recent vehicle purchases registered in Montana as the state intensifies efforts to curb a long-running tax avoidance practice commonly known as ...
If you spend any time around car forums, enthusiast groups, or even scrolling through social media, you’ve probably seen the ads. They usually promise the same thing: set up a Montana LLC, register ...
Since 2018, Californians have bought luxury vehicles worth over $20 million in sales-tax-free Montana, exploiting a loophole that avoided millions of dollars in levies, an investigation revealed. By ...
Evan Williams is an automotive journalist and mechanical engineering technologist with more than a decade of experience in the industry. He has written for the Toronto Star and AutoTrader Canada and ...
TaxFree RV, a vehicle registration specialist operating since 2005, reports increased interest from California recreational vehicle owners seeking legal alternatives to reduce registration costs ...
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