Calif. Taxpayers: You Can[‘t] Check Out Any Time You Like

Law360, New York (December 4, 2013, 10:46 AM EST) -- For California’s high-earners and business owners, Proposition 30’s passage in November 2012 was a “cross the Rubicon” moment. First, Proposition 30 increased tax rates retroactively to the beginning of 2012. Second, it increased the top California rate from 10.3 percent to 13.3 percent — the highest marginal individual rate in the nation, and one that makes moving to even “middling”-tax states (e.g, North Carolina and Louisiana) attractive along with “no”-tax states (e.g., Texas and Nevada).

Ending California tax residence is not a simple matter of finding...
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