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re: CPA's -2nd Amendment Tax Holiday - Boat Purchase

Posted on 8/5/14 at 9:49 am to
Posted by xenon16
Metry Brah
Member since Sep 2008
3533 posts
Posted on 8/5/14 at 9:49 am to
Here's a read for you regarding LA's stance on the SMLLC in a recent Supreme Court decision
LINK

I recommend calling LDWF and asking them. They would be the ones to issue the registration (either this time or the next). See if they would issue it if you had purchased it on a sales tax holiday and transferred it to an LLC.
This post was edited on 8/5/14 at 10:04 am
Posted by Big Worm
Baton Rouge
Member since Nov 2007
578 posts
Posted on 8/5/14 at 10:51 am to
quote:

Does the LLC have a true business purpose or is it merely a holding company for sharing expenses and such?


Just sharing expenses. There will be no loans.

Thanks. I will give LDWF a call and ask them.
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