Posted inCars & Mobility

California indicts 14 for Montana car registration tax dodge

For years, wealthy car buyers exploited a quirky registration loophole to avoid paying steep sales taxes on their million-dollar vehicles. By forming a Montana LLC, they registered their flashy supercars-like the McLaren Elva, Porsche Carrera GT, and Ferrari TdF-in Montana despite living elsewhere, sidestepping hefty taxes in their home states. Now, California has begun cracking […]