Relocating to Reno?
Tuesday, July 18, 2006
Here's an interesting article about VERY wealthy (Ebay, PeopleSoft, Sun Microsystems)Californians who relocate to Incline Village in order to save on taxes, but ultimately end up being accused of tax evasion by California.
"Scores of wealthy Californians "go Nevadan" each year, relocating to a neighboring state famous for its low taxes. Among the transplants are Pierre Omidyar, founder of eBay Inc., and Andreas Bechtolsheim, a co-founder of Sun Microsystems Corp. But as Mr. Duffield's experience shows, what looks appealing on paper can prove far messier in real life."
Via Post-Gazette
posted by author @ 9:52 PM,
