People rarely move to save on taxes


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.

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

Written by:


Crider Law PC on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
*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. Or, sign up using your email address.