Montana Car Registration Loophole California

Written by on January 8, 2021 in wallpaper - No comments

According to a report from the bozeman daily chronicle, that loophole might be shrinking. They create an llc in montana and then buy and register the vehicle in the llc's name.

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Nebraska, which has a 7 percent sales tax, is the most recent, according to.

Montana car registration loophole california. What if you could avoid that, and avoid annual car inspections, j… Vehicle type cost sales tax (6%) $800 montana llc savings; Now, according to local news site bozeman.

You don’t actually have to go to montana. For years, many exotic car buyers have been registering their cars in montana thanks to a loophole in the law that allows them to avoid paying sales tax. I wouldn’t drive a car in california with montana plates if i had a california driver’s license.

If you google “montana llc”, you’ll see a booming business with montana attorney’s is setting up llc’s for out of state residents and handling the registration of their expensive vehicles. And montana law allows for a montana entity to register vehicles in the state. A montana llc is no different than any regular business or corporation.

Once you have complied with this use tax exemption, the motor home may be registered in california if you wish. Emissions my buddy is setting up a business in montana so he can register his cars there and not worry about smog, and invited me to register my car there too. The mount rushmore state, like montana and others, has become a bit of a safe haven for those looking to skirt their home.

The states are well aware of the montana llc scheme and many are actively trying to get the people who use it to pay state sales or use taxes. California, of course, is the most aggressive. I would just register my cars in montana and forget california altogether.

I was working a garage for a car collector here on the east coast and noticed that several of his cars had montana license plates. For examples of some of the montana companies that provide car registration services for exotic cars see here, here and here. To find out vehicle registration fees by phone:

As for the montana llc thing while there are a number of ca residents (and residents of other states with high sales taxes, registration fees, and property taxes) who take advantage of i guess some kind of loophole and register their cars in montana to avoid paying the taxes/fees that would otherwise be paid to the state in which the reside. However, if you are able to comply with the california registration exemption, it is advantageous for you to continue to register the vehicle in montana , which enables you to take advantage of montana ’s lower registration fees. Here is the pertinent statute:

2 why so many exotic cars have montana license plates: This simple fact alone may make montana registration worth it. To get an estimate by email, send vehicle details (make, model, year, montana plate number if applicable, and any other pertinent data) to our email address.

California, massachusetts and iowa have passed laws aiming to prevent their residents from using the montana loophole. Montana is a state with no sales tax. It costs you about $1,000 to have one of the montana law firms set up your llc and do the registration and titling paperwork and send you back the montana license plates.

Except, this brings us to reason no. Question about registering a car in montana. I wrote a paper on this a while back, part of which was published in sports car market, and interviewed several states.

Car ownership is fun and convenient, but paying sales tax, use tax, or personal property tax on your car is expensive and annoying. They even handle the periodic inspections and renewals. Forming a montana llc to own vehicles or any kind of personal property is nothing different than the local handyman pulling up to your home in a work vehicle owned by “handyman’s service llc” and pulling a trailer with tools in it that are all owned by the handyman’s llc.

They even have a snitch line for people to rat you out. Montana has no sales or use tax and no vehicle inspections. Summary of montana gun laws.

Because montana has no sale tax on an rv, your only cost is the $1,000 to set up the business that technically owns the rv, a montana corporation, and the $150 or so the law. Well i agree with you, but i shed a tear every time i read a thread about a person in california with a 1983 ferrari or other cool car and can not even register the damn thing because of the stupid california laws. Montana has no vehicle inspection, in which your car is looked over by a safety inspector to make sure it has, you know.

No permit is needed to purchase a firearm from a private individual, there is no waiting period, and there is no firearms registration in the state. So, an industry has sprung up to assist people from other states who want to take advantage of montana’s laws while living elsewhere.

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