Quote:
Originally Posted by Stephen
My friend got a Nevada LLC under which he operates a medical marijuana dispensary in CA
I asked why.
"It's cheaper," he says.
"Did you consider that your product is illegal there?" I said.
"WHAT? What does THAT have to do with anything?" he laughed.
Despite the common practice of shooting content in NV/Vegas, I'll opine that an adult content production company, Vend, may likewise rather form in CA (or, in tax-free NH)
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All good until the IRS audits you & finds out you have no business location or registered agent in the state (whatever state), and they nullify your LLC and send you a giant tax bill or slap you with evasion. He's also evading California (by not paying sales tax, fees, etc... while doing business there) and there could be consequences for that as well.
However, I'll agree that if you're shooting content in Vegas, that "should" qualify as doing business in that state. But that's really iffy if there's no permanent physical presence for the business. (Lawyer time there).