Here's How California Closed the Montana License Plate Loophole

Newsom Goes After 'Montana Loophole' on Fancy Cars

Californians adorning their Ferraris with flats from Montana or other states just hit a legal speed boom. Gov. Gavin Newsom has signed a bill liked at luxury because owners who set up out-of-state shell companies to dodge state taxes and fees, reports the Los Angeles Times. Senate Bill 1406 Broadens...

Gavin Newsom closes ‘Montana-loophole’ as damning texts reveal what luxe car buyers saved on taxes

Gavin Newsom signed a law closing an LLC tax loophole after a $600,000 Lamborghini owner bragged online about evading $70,000 in California taxes.

Here's How California Closed the Montana License Plate Loophole

Everybody's favorite automotive tax evasion scheme just got a whole lot trickier to pull off.

Luxury-car buyers who use 'Montana loophole' to dodge California taxes are target of new law

SB 1406 cracks down on residents who primarily use their vehicles in California, but create out-of-state shell companies to purchase and register them elsewhere to skirt taxes.

California Is Finally Cracking Down On Montana's Supercar Tax Loophole

A new California law will make it harder for wealthy residents to register vehicles outside the state to avoid paying taxes on high-priced purchases.