What do you think of Sean Payton moving to Dallas?

AsylumGuido · 02-08-2011, 03:50 PM

Originally Posted by Danno

He still has to pay Louisiana Income Tax due his employer being located in Louisiana.

Actually, his employer is incorporated in Texas.

New Orleans Saints Football in Metairie, LA is a private company categorized under Football Clubs. Our records show it was established in 1985 and incorporated in Texas. Current estimates show this company has an annual revenue of $20 to 50 million and employs a staff of approximately 100 to 249.

I would think a loop-hole most likely appears if the corporation you work for is incorporated Texas and your principal residence is Texas. It has been several years since I studied tax law, but there is probably a very defensible precedent.

View Poll Results: What do you think of Sean Payton making Dallas his home base?
It doesn't bother me.	24	50.00%
It bothers me.	19	39.58%
I'm not sure.	5	10.42%
Voters: 48. You may not vote on this poll

02-08-2011, 03:50 PM	#7
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,803	Originally Posted by Danno He still has to pay Louisiana Income Tax due his employer being located in Louisiana. Actually, his employer is incorporated in Texas. New Orleans Saints Football in Metairie, LA is a private company categorized under Football Clubs. Our records show it was established in 1985 and incorporated in Texas. Current estimates show this company has an annual revenue of $20 to 50 million and employs a staff of approximately 100 to 249. I would think a loop-hole most likely appears if the corporation you work for is incorporated Texas and your principal residence is Texas. It has been several years since I studied tax law, but there is probably a very defensible precedent.