Tax Trivia: Avoiding Taxes

March 11, 2009 · 2 comments

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Our next tax trivia question is:

What did eccentric millionaire Howard Hughes do in order to avoid paying state taxes in California?

Don’t forget: the first correct answer wins free CCH tax prep software.

What’s your guess?

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{ 2 comments… read them below or add one }

1 John LeTourneau March 11, 2009 at 4:57 pm

Howard moved into hotels and then moved frequently to avoid paying State Income Taxes

2 Nikki Kratzener March 11, 2009 at 5:10 pm

Hughes donated all his stock in Hughes Aircraft to the Howard Hughes Medical Institute, thereby turning the military contractor into a tax-exempt charity.

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