Automotive & EV

California Is Done With Rich Guys Registering Their Exotic Cars in Montana

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California's Attorney General filed a 56-count felony complaint against 14 individuals for evading over $1.8 million in taxes through fraudulent Montana registration of luxury vehicles, highlighting the state’s crackdown on tax evasion schemes involving exotic cars. This action underscores the significant financial impact such fraud has on California and signals a tougher stance by authorities on this form of tax avoidance, which could deter future similar attempts by wealthy individuals and dealers involved in the luxury car market.

Read the full article at The Drive

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