
04-12-2024, 08:46 AM
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Peter Spaeth
Member
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Join Date: Apr 2009
Posts: 34,284
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Quote:
Originally Posted by Rhotchkiss
Avoidance. There is nothing illegal (evasion) about buying an asset in a sales/use tax free state and leaving it in that state long enough. If you buy a card, have it sent to Oregon to avoid taxes, and remove it to NY a few days, weeks, months later, that is evasion. Sending it to Oregon, to reside permanently until sold, or for a substantial period (usually a year to be "old and cold"), even if done to save taxes, is avoidance and good business/tax planning.
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I would bet a lot more people are evading than avoiding.
__________________
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No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
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