Paying sales tax or property tax on vehicles is one of the most aggravating aspects of ownership. Many people are starting to catch on to a way to avoid these taxes by transferring their car title to a Montana LLC.If you’re reading this, you’re probably intrigued about how to avoid paying vehicle property tax. The idea is simple. You set up a Montana LLC, register your vehicle under your LLC, and then use it as a “company car.” Since Montana is a sales tax-free state, you do not have to pay sales tax at the time of your Montana LLC purchases, even if you drive the vehicle in another state or live elsewhere.
Topics: Montana LLCs, Vehicle Registration, Exotic Car Buying, Moveable Property, No Sales Tax State, Boat Registration, Water Craft Registration, Limited Liability Corporation, Recreational Vehicle, Classic Car, Electric Car, Luxury Vehicles, Yacht Registration
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