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California authorities say several exotic car owners avoided about $1.8 million in taxes by exploiting the so-called “Montana loophole.” The scheme involves buyers creating a Montana-based LLC and registering their cars there, taking advantage of the state’s lack of sales tax and vehicle excise taxes, even though the vehicles are actually used in states with higher taxes like California. Officials recently charged 14 individuals who allegedly failed to report more than $20 million worth of exoti
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