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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Libbyt who wrote (20254)1/8/2003 5:34:29 PM
From: Bid Buster  Read Replies (1) | Respond to of 57110
 
thats assuming they still work in ca...and thats true in any state that i'm aware of.

but in my case i make my income online trading stocks and do that 7 months in tx (no state income tax) and 5 months in canada...the only taxes canada gets out of me are property and gst



To: Libbyt who wrote (20254)1/9/2003 12:40:10 PM
From: Lazarus_Long  Read Replies (1) | Respond to of 57110
 
If someone has sold their business, and has physically moved out of state...then maybe that would make a difference?
CA would claim the right to tax income earned in CA regardless of where they moved. If they paid quarterly estimated taxes (Owhich they should have), CA would keep that money until it got a tax return which gave it reason to give part of it back.