Asset Protection

Sitemap            Contact Us             Research by Topic

Free Newsletter       Lexicon       BLOG       FAQ START HERE

 Riser Adkisson LLP
 

 

For our famous summary chart showing exemptions on a state-by-state basis for IRAs and ERISA plans, homestead, life insurance and annuities, Click Here

Alabama

Alaska

Arizona

Arkansas

California

Colorado

Connecticut

Delaware

Florida

Georgia

Hawaii

Idaho

Illinois

Indiana

Iowa

Kansas

Kentucky

Louisiana

Maine

Maryland

Mass.

Michigan

Minnesota

Mississippi

Missouri

Montana

Nebraska

Nevada

New Hampshire

New Jersey

New Mexico

New York

North Carolina

North Dakota

Ohio

Oklahoma

Oregon

Pennsylvania

Rhode Island

South Carolina 

South Dakota

Tennessee

Texas

Utah

Vermont

Virginia

Washington

West Virginia

Wisconsin

Wyoming

Distr.Columbia
 
 
Financing Accounts Receivables
Financing Accounts Receivable for Retirement and Asset Protection,
by Ronald J. Adkisson
 
 
Advanced Strategies
Beneficiary-Taxed Irrevocable Trust
Billing & Collection Company
Closely-Held Insurance Company
Xtreme LLC
Modular Asset Protection
Non-Qualified Personal Residence Trust
RetireZ Non-Qualified Private Retirement Plan
Series LLC
Synthetic Roth
 
 
Hazardous or Overused Strategies
Foreign Asset Protection Trust (FAPT)
Domestic Asset Protection Trust (DAPT)
Land Trusts
Family Limited Partnership (FLP)
Nevada Corporations and LLCs

 

Adkisson & Riser's

Developments

in Asset Protection and Wealth Preservation
Our periodic newsletter Developments in Asset Protection and Wealth Preservation covers new cases and events in wealth preservation planning, creditor-debtor law, and asset protection. It is widely used by other professionals to keep them apprised of the latest changes in the law. And it's free!
Current and Past Issues
Free Subscription

Archives

 

Seminars
Speaking Engagements
Legal Disclaimers
Contact Us

 

Tuesday, August 19, 2008

California Franchise Tax Board loses $388 million verdict over residency argument

Link: http://www.lvrj.com/news/27122989.html

Many might say that the California Franchise Tax Board (FTB) has been overly-aggressive in attempting to collect money from those who have legitimately left the state. Here, somebody sued the FTB over its tactics and won a huge verdict. Whether this stands up for this amount is extremely doubtful, but it does send a signal that the jury felt that the FTB's conduct amounted to severe overreaching.

Tags: california, ftb, franchise tax board, verdict, jury award, punitive damages, residency

Labels: , , , , , ,

posted by Jay @ 8/19/2008 09:03:00 PM   0 comments

0 Comments:

Post a Comment

<< Home

Previous Posts

Offshore investment case illustrates state long-ar...

Alter ego case demonstrates facts-and-circumstance...

Bogus Offshore Scheme Lands Tax Preparer in Jail

Short Sales More Hope Than Reality

A California physician is hit with an $8.5 Million...

Charging Order as Exclusive Remedy for SMLLCs Unde...

Report of U.S. Senate Subcommittee in UBS Tax Evas...

Indictments in Merrill Scott case

FDIC Information on Bank Deposits

Wackos Attempt Collection of Bank of America's Ass...

 
  GUIDE TO WEBSITE
  CREDITOR-DEBTOR NEWS
  ABOUT THE AUTHORS
  SELECTED STRATEGIES  
  HOT TOPICS
  EXEMPTION PLANNING
  STATE EXEMPTION CHART
  PROFESSIONAL ISSUES
  OCCUPATIONAL ISSUES
  TRANSACTIONAL PLANNING
  BUSINESS ENTITY PLANNING
  A/R FINANCING
  CAPTIVE INSURANCE
  TRUSTS & FOUNDATIONS
  OFFSHORE PLANNING
  HAZARDOUS STRATEGIES
  CALENDAR OF APPEARANCES
  DEVELOPMENTS NEWSLETTER
  ASSET PROTECTION LEXICON
  ASSET PROTECTION BLOG
  ASSET PROTECTION FAQ
  OTHER WEBSITE FEATURES
 
CONTACT RISER ADKISSON LLP
ABOUT ASSET PROTECTION
 
Asset Protection:
Concepts & Strategies,
by Jay D. Adkisson
and Christopher M. Riser
 

Available at

Amazon.com and Barnes & Noble
- - - - - - - - - - - - - -
 
Captive Insurance Company Book
Adkisson's Captive
Insurance Companies,
by Jay D. Adkisson
 
Available at
 Amazon and Barnes & Noble 
 
CONTACT RISER ADKISSON LLP
ABOUT ASSET PROTECTION


 

spacerAdditional Important Information

Nothing in this website is any substitute for the legal advice or opinion of a licensed attorney in your state. This website is simply a starting resource for information on the topics herein and does not claim to provide any definitive answer and should not be relied upon for any purposes whatsoever. Non-professionals should seek the assistance of a licensed attorney in their jurisdictions, and professionals should please consult the primary source materials such as statutes and case laws directly. Nothing in this website may be relied upon under IRS Circular 230 to avoid penalties for an incorrect tax position.

Adkisson Publishing Inc. is not a law firm and does not provide any legal service of any nature whatsoever. Adkisson Publishing Inc. is a publisher of books, websites and provides speakers on various topics. The person responsible for this website is Jay D. Adkisson in his capacity of President of Adkisson Publishing Inc. and questions regarding it should be addressed to him at Adkisson Publishing, Inc., P.O. Box 7088, Laguna Niguel, CA 92677.

spacer© 2008 by Adkisson Publishing Inc. All rights reserved. No portion of this page or any portion of this website may be reprinted or otherwise duplicated without express written permission of Adkisson Publishing LLP. Legal issues should be faxed to (877) 698-0678.

 

Captive Insurance -- Equity-Indexed Annuities -- Accounts Receivable Financing
Financial Scams and Tax Frauds Revealed -- LostEye -- Contact

Proud Supporter of Quatloos.com