Philip Teresi

The 'Montana Loophole' Scheme

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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.   Please Like, Comment and Follow 'Philip Teresi on KMJ' on all platforms:   ---    Philip Teresi on KMJ is available on the KMJNOW app, Apple Podcasts, Spotify, YouTube or wherever else you listen to podcasts.    --  Philip Teresi on KMJ  Weekdays 2-6 PM Pacific on News/Talk 580 AM & 105.9 FM KMJ    | Website  | Facebook | Instagram | X | Podcast | Amazon |   -  Everything KMJ   KMJNOW App | Podcasts | Fac