People rarely move to save on taxes

more+
less-

It happens all the time, right? People are always moving to avoid high taxes. Either they are moving out of the country or from one state to another.

Well, not really.

Recently, French actor Gerard Depardieu said he might move to Russia because of its low 13 percent flat tax on personal income.

And golfer Phil Mickelson said he was thinking of moving out of California to avoid a hike in that state’s top income tax rate from 10 percent to 13.3 percent, according to an article in the New York Times.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Crider Law PC | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×
×