02-08-2011, 03:50 PM
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#7
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10000 POST CLUB
Join Date: Sep 2007
Location: Bossier City, LA
Posts: 26,803
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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.
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