Tax
Nov. 4, 2026
When does moving for tax reasons actually make sense?
California's proposed billionaire tax illustrates the limits of relocation: A move may change future liabilities without extinguishing existing obligations, particularly when the date determining exposure has already passed.
Larry Page is reportedly moving out of California as the state considers a one-off wealth tax on billionaires. For one of the world's richest people, the sums at stake alone may appear to justify a change of address. The actual calculation is less obvious, and the consequences of getting it wrong can be substantial.
California's proposed levy raises a question that extends well beyond Silicon Valley: When does relocating genuinely reduce tax exposure, and when is the decisi...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$895, but save $100 when you subscribe today… Just $795 for the first year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In