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Thread: colorado problems

  1. #1
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    Default colorado problems

    http://www.denverpost.com/search/ci_%
    3Ca%20class='srNewsTitleLink'%20href='http:/www.denverpost.com/ci_9336043 A friend sent me this post from PP he knows I have a Montana LLC.Can you imagine a FELONY for owning a Prevost?

  2. #2
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    http://www.denverpost.com/search/ci_%3Ca%20class='srNewsTitleLink'%20href='http:/www.denverpost.com/ci_9336043 Maybe this will work,I am trying to learn.

  3. #3
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    http://www.denverpost.com/search/ci_%3Ca%20class='srNewsTitleLink'%20href='http://www.denverpost.com/ci_9340174

    Try this one. It looks like the lawyers in Montana will be busy defending their clients.
    Gary & Lise Deinhard, 2003 Elegant Lady Liberty, Dbl slide

  4. #4
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  5. #5
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    Default

    I'll bet the Co. prosecutor will not go after the real money that comes from the registration of Corporate jets in Delaware or the offshore companies that reside in Co. and pay no tax to anyone on 100 Of Millions of $'s.

    Those companies will just call their elected hacks and tell them to make it go away.

  6. #6
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    I'll bet you are right about not pursuing jet owners.

    But, put this in perspective. I have been forecasting this but failed miserably at where it would begin. Colorado blind sided me. I expected CA, NY or VA to lead the way.

    The reasons this is an easy target is it is the low lying fruit. There is no effort involved in seeing a coach with MT plates sitting in someone's driveway, or pulling a toad whose plates do not match. Coach owners have to advertise their MT LLC via the fully exposed license plates. Pissed off neighbors, observant cops, or even city code officials are now the enemy.

    To chase down a jet owner ducking taxes requires someone to access a locked hangar and do a search of ownership of aircraft N numbers. That involves work and it also involves buinesses that create jobs. If you were the state tax chaser would you go after some guy in a fancy coach or would you want to tackle a big corporation that may in fact operate its aviation department as a separate entity for liability protection. That is no different than Wal-Mart having a separate entity for its trucking operations.

  7. #7
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    Quote Originally Posted by Jon Wehrenberg View Post
    I'll bet you are right about not pursuing jet owners.

    But, put this in perspective. I have been forecasting this but failed miserably at where it would begin. Colorado blind sided me. I expected CA, NY or VA to lead the way.

    The reasons this is an easy target is it is the low lying fruit. There is no effort involved in seeing a coach with MT plates sitting in someone's driveway, or pulling a toad whose plates do not match. Coach owners have to advertise their MT LLC via the fully exposed license plates. Pissed off neighbors, observant cops, or even city code officials are now the enemy.

    To chase down a jet owner ducking taxes requires someone to access a locked hangar and do a search of ownership of aircraft N numbers. That involves work and it also involves buinesses that create jobs. If you were the state tax chaser would you go after some guy in a fancy coach or would you want to tackle a big corporation that may in fact operate its aviation department as a separate entity for liability protection. That is no different than Wal-Mart having a separate entity for its trucking operations.
    Your right Jon about the Corporate Jet owners.

    I think that if all of the Mt. LLC owners where to call their lawyers in MT. and make each of the lawyers a 1% member in the LLC it would place an interesting wrinkle in the prosecutors case back in Co. Anyone is allowed to own businesses with other investors outside of their own state. I think it would make a much more difficult case.

  8. #8
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    Bruce, You're a wily devil. Bet the Mt. shylocks wouldn't touch that with a 10' pole.

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