General Discussion
In reply to the discussion: Toyota moves from Ca to Tx: When are bluestates going to actively fight job poachers? [View all]joeglow3
(6,228 posts)This is a multinational corporation. Who do they owe this obligation to? Which country? How do you determine which state? At what point can a company say they are being abused by a state or government and move elsewhere?
Now, I agree states need to quit offering so many incentives, as it only creates a race to the bottom. That said, I have worked in multi state taxation for a number of years and no state fucks you as hard as New York and California. New York is notorious for sending tax assessments to people/entities they know for a fact owe nothing in an attempt to find someone willing to just pay or settle. Any person did this and they would be charged with fraud. As stated above, what California has done with their LLC fees and keeping overpayments interest is not much better.