Montana LLCs

[Leroy Eckert]

Don't you live in CA? They have done this for 40 years there long before computers. It was called a Use Tax. Perhaps the nomenclature has been changed. CA also tries and will tax your retirement if you earned it in that state no matter where you live.

Read all you want an hire a $300 per hour lawyer and where is that going. Just pay the tax. It is less expensive in the long run and you will sleep well.

These days in the electronic world big brother knows what you ate for breakfast before it is deposited in the Microphor.

Leroy Eckert
1990 WB-40 Smoke N Mirrors
Dahlonega, GA
Royale Conversion

Ryan Wright wrote:

I'd like to read the actual case notes on a few of these, to see what
people did wrong. Seems to me it's perfectly legal to register a
company in any state you so choose, and to assign assets to that
company, which would naturally pay the taxes set forth by the state in
which the company was registered. I wonder when and if Montana will
get embroiled in a lawsuit with Colorado over this. Colorado is
effectively filing criminal charges against Montana based LLCs whose
owners reside in Colorado, even though, it seems, the LLCs were
perfectly legal in Montana. I hope one of the people in question
appeals this to the federal level. A state that thinks it can collect
taxes from residents on business property registered to an out of
state business is, quite frankly, over the line.

Yeah, I know they probably all
did it purely to avoid taxes, but
that's neither here nor there. If the LLC was setup legally, then the
operation is legal. For Colorado to attack Montana businesses in this
fashion seems more illegal than what the owners did. We can argue all
we want over whether this is "moral", I personally have no problem
with folks concocting elaborate schemes to legally keep more of their
own hard earned money from the government.

Anyway, would be very interesting to read the case notes and the full
text of the laws they were charged with breaking.

-Ryan

On Sun, May 25, 2008 at 8:34 PM, Don Bradner <"bluethunder%40arcatapet.com"> wrote:
> The use of a Montana LLC to register a motorhome (by a non-Montana resident)
> has been the source of a lot of debate for years. I know that there have
> been at least a couple of Birds for sale in the past two
years where the
> seller has stated that it was Montana registered, and actively promoted such
> as a big money saver. So, I thought it might be worth noting here that
> various RV groups are all abuzz with the news that the state of Colorado has
> gone after a number of residents with such an arrangement. 12 with criminal
> prosecutions, 122 others with civil.
>
> One of the myriad of stories about it can be found here:
> http://www.denverpost.com/news/ci_9333908
>