Four media outlets have quoted Tax Law for the Closely Held Business blog author Lou Vlahos on the topic of whether New York resident President Donald Trump will be successful in changing his residency to Florida for tax purposes. In these articles, Lou discusses steps that President Trump must take to effectively establish domicile in a different state, cautioning that the process is more complicated than some might think.
Not So Fast, Mr. Trump! Relocating to a Low-Tax State Is Hard to Do (Wall Street Journal)
Will Trump escape New York taxes with Florida move? (FOX Business)
Tax travails Trump could face in trying to escape New York (Don’t Mess With Taxes)