What do you think of Sean Payton moving to Dallas?

Danno · 02-08-2011, 03:56 PM

Originally Posted by AsylumGuido

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.

I read elsewhere that since the check is cut in Louisiana, it counts as Louisiana income. Not sure if thats correct, but its what I read.

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, 03:56 PM	#8
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,750	Originally Posted by AsylumGuido 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. I read elsewhere that since the check is cut in Louisiana, it counts as Louisiana income. Not sure if thats correct, but its what I read.