Quote:
Originally Posted by mrmustang
I answered what I can validate as fact, I do not respond to items that I cannot.
As for your Montana LLC, you might find that eventually, Georgia will catch on and you'll still have to pay your 7% sales tax. Especially when the Georgia Tax office goes over your tax filings for the LLC and it shows nothing but the car.
Edit: Georgia division of taxation, just like California, will view this as a case of tax evasion.
Bill S.
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Yes, thank you for your cut and paste answer....and thank you for asking additional questions that were answered in my original post.
Note: This is not my attempt to defraud the state in any way. I have no issues with paying GA state sales tax or ad valorem. If GA requires that, then I am prepared to pay. However, this car cannot pass emissions with the current GA state law....which is ridiculous (opinion of course). The car is built to a 1965 standard, yet the state holds it to a 2015 emissions standard. No waivers, no provisions, nothing on the books to help anyone out. I bet this vehicle burns cleaner than a lot of vehicles on the road.
I have decided to open a legitimate LLC. All monies for the LLC will be kept in separate accounts and the LLC will be run as a business...just I have done in the past. If I am going to have one, I might as well make money with it.