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The 'Montana Loophole' Scheme

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Philip Teresi

Philip Teresi - Live, Local, and Original: Weekdays from 2:00 to 6:00PM on Central California's News/Talk 580 and 105.9 KMJ - Always Online at kmjnow. 
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California regulators are cracking down on the so-called “Montana loophole,” under which Californians use LLCs to register luxury cars in Montana—avoiding state sales and registration taxes. Since 2023, over 2,500 vehicles have been flagged, costing California more than $10 million in lost revenue; 14 individuals and nearly 500 dealers are now under criminal investigation.  


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Philip Teresi

Philip Teresi - Live, Local, and Original: Weekdays from 2:00 to 6:00PM on Central California's News 
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