Tax Travails Trump Could Face In Trying To Escape New York
November 08, 2019
Lou Vlahos was mentioned in a Don’t Mess With Taxes article which discusses possible challenges facing President Trump that might prevent him from relocating his permanent residence to Florida.
Below is an excerpt from the article:
States look at many factors to determine which location is your real domicile and no single issue is determinative. Common factors include where you spend most of your time, vote, open bank accounts, conduct business, obtain a driver’s license, register vehicles, maintain professional licenses, visit doctors, join clubs and the like.
Lou was quoted saying “Simply declaring [Florida residency] does absolutely nothing, it’s a minor consideration… The fact remains that his business is up here. That will doom him. He’ll very likely remain a New York domiciliary.”
To read the full article, click here.