The Down Range Forum
Member Section => Down Range Cafe => Topic started by: PegLeg45 on September 03, 2013, 03:24:37 PM
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Many more need to follow suit.....
Gun company aiming for relocation to Pennsylvania after NY restricts sales
When it comes to job creation, one state's loss is another state's gain.
Kahr Firearms Group, a gun manufacturer, is moving its corporate headquarters from downstate New York to a 620-acre plot in Pike County, in the northeast corner of Pennsylvania.
The move comes after New York earlier this year passed the SAFE Act, banning sales of assault weapons and high-capacity magazines. Kahr Spokeswoman Sheryl Gallup said the company was mulling an expansion in New York before the legislation, but then found Pennsylvania's gun laws "less restrictive."
Read more:
http://www.foxnews.com/politics/2013/09/03/gun-company-aiming-for-relocation-to-pennsylvania-after-ny-restricts-sales/#ixzz2dra6jvuR
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As a Pennsylvanian, this is a good thing.
*$%# Bloomberg.
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As a Pennsylvanian, this is a good thing.
*$%#bloomburg cuomo
FIFY
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You know, I was thinking.
I know it would be tough for manufactures to relocate production facilities with out proper timing, but they should be able to relocate the General Office relatively quickly.
Income tax for a corporation is paid to the jurisdiction where the General Office is located....so the offending state loses that tax income with out losing the manufacturing jobs until the company can swing it.
Push for General Office relocation if production cannot be moved
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Solus,
No part of the move is quick or easy. Corporate offices hold the majority of the high end talent of the company, and relocating these people is a slow process. If you move the office, and allow them to slowly close the previous office or work remotely it is viewed as you still being there. We have a former person who lived, still lives, in a New England location. Because he worked remotely from there we were locked into many issues including sales reports and collecting sales tax for that state. He left the company three years ago, and we are still working at making a break from the state.
Those who think that corporations can easily avoid issues in states and countries by simply relocating have never dealt with the details. My guess is that Kahr will be tied to New York until they are completely out of state and the former property is spun off to someone else or a shell corporation.
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Hi;
Pike County is located just east of Scranton,Pa...Not much there except Interstate 84. A plot of land that size is common, People/organizations buy up farms and turn it into private "hunting/Fishing" lodges.
The Corporate Offices will be there first - then over time, the manufacturing side later.
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FIFY
How about both of them? ;D
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How about both of them? ;D
That seems like a Win/Win compromise ;D
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Solus,
No part of the move is quick or easy. Corporate offices hold the majority of the high end talent of the company, and relocating these people is a slow process. If you move the office, and allow them to slowly close the previous office or work remotely it is viewed as you still being there. We have a former person who lived, still lives, in a New England location. Because he worked remotely from there we were locked into many issues including sales reports and collecting sales tax for that state. He left the company three years ago, and we are still working at making a break from the state.
Those who think that corporations can easily avoid issues in states and countries by simply relocating have never dealt with the details. My guess is that Kahr will be tied to New York until they are completely out of state and the former property is spun off to someone else or a shell corporation.
What is he now ?