I mean, it’s both, right? You’re definitely getting a tax advantage compared to a lot of areas of the country. And how is insurance going to work?
I mean, it’s both, right? You’re definitely getting a tax advantage compared to a lot of areas of the country. And how is insurance going to work?
Insurance is a bit tricky though I've heard it's simple. Most companies don't ask or inquire about where the cars registered, and neither do repair shops or parts of the claim process inquire into this. If you're uncomfortable with this, you can DYOR and check what happened for claims if a driver who's personally insured is driving a vehicle registered under an LLC/company. I think it isn't true that just because a vehicle is registered by a company, it cannot be used for personal purposes or that insurance companies would make claims more difficult (though check yourself and I'm happy to know what you find)
Even if you are able to register a vehicle legally in another state, that does not necessarily exempt you from obligations in your own state... even if it would for non-residents passing through.
Can't logically be true right?
When you don't owe tax, you don't pay it. When you owe it, you pay it. However don't cloud up the space and confuse people by saying you owe tax for property you don't own because someone feels that you are evading tax. That's not actually lawful or law based justice, that's hate/fear and prejudice based simply to prove a point. For example here, that privacy is not allowed and that you should be afraid for not taking ownership of things you use such as vehicles.
In cases where you use things you don't own, the law is usually pretty clearly articulated: pay use tax for what you use, pay registration and sales/registration taxes for things you own. Tax authorities know this and will articulate it clearly usually, except I suppose in certain prejudiced and discriminatory cases like when privacy is concerned like vehicle registration by LLCs. Now do you need to take ownership of things you use in a state just so you can hypothetically pay a tax for an evasion accusation that you don't apply to, I would be incredibly surprised to see if any state actually is saying this - I don't think its constitutionally or legally sound in any way. Instead, what I see, is fear mongering, authoritarian language and discourse and simply as I originally stated in my post Ad Hominem and logically fallacy based communication.
Legally, single member LLCs often simply pass-through tax obligations. In this situation, the law literally disregards their existence for tax purposes.
> Now do you need to take ownership of things you use in a state just so you can hypothetically pay a tax for an evasion accusation that you don't apply to, I would be incredibly surprised to see if any state actually is saying this - I don't think its constitutionally or legally sound in any way.
No nobody is arbitrarily forcing anyone to trade ownership of anything -- a Montana LLC could register their car locally in CA. But that defeats the point of the "Montana car registration scheme" -- which is tax evasion.
If there is an actual real company in Montana that is giving their employees a car to drive around in California, they need to register it in California and pay tax there.
https://www.thedrive.com/news/california-is-done-with-rich-g...
> One defendant texted that another conspirator “made me provide a fake bill of lading which cost $200 but did allow me to pickup the Urus.”
There's a reason the ultra wealthy and rich have so many umbrella organizations and don't really "own" anything.