California 90 day club

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Jun 3, 2004
143
Hunter 33 Santa Barbara
Are those who have taken advantage of the 'tax loophole' (pre Oct 04), are you required to submit a tax form in advance, or do you wait for the board of equalization to send you the standard letter, requesting proof of meeting the exemption rules... Just not sure if I wait to hear from them, or if I must 'report' via tax filing... Thanks, ms
 
Sep 24, 1999
1,511
Hunter H46LE Sausalito
law changed

the assembly passed a bill removing that loophole as of January 1st. you now have to remain offshore a much longer time. you'll need to do some more research, but a lot of people at this point are looking at offshore corporations/foreign flags.
 
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