Author Topic: Kahr Leaving NY for Penn  (Read 2590 times)

PegLeg45

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Kahr Leaving NY for Penn
« on: September 03, 2013, 03:24:37 PM »
Many more need to follow suit.....

Quote
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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Henny

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Re: Kahr Leaving NY for Penn
« Reply #1 on: September 03, 2013, 09:29:48 PM »
As a Pennsylvanian, this is a good thing.

*$%# Bloomberg. 

Majer

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Re: Kahr Leaving NY for Penn
« Reply #2 on: September 04, 2013, 09:04:49 AM »
As a Pennsylvanian, this is a good thing.

*$%#bloomburg  cuomo

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Solus

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Re: Kahr Leaving NY for Penn
« Reply #3 on: September 04, 2013, 11:29:20 AM »
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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— Daniel Webster

MikeBjerum

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Re: Kahr Leaving NY for Penn
« Reply #4 on: September 04, 2013, 11:42:53 AM »
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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Re: Kahr Leaving NY for Penn
« Reply #5 on: Today at 03:56:53 AM »

dipisc

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Re: Kahr Leaving NY for Penn
« Reply #5 on: September 04, 2013, 01:57:05 PM »
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.

Henny

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Re: Kahr Leaving NY for Penn
« Reply #6 on: September 06, 2013, 02:43:45 AM »

Solus

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Re: Kahr Leaving NY for Penn
« Reply #7 on: September 06, 2013, 11:33:26 AM »
How about both of them? ;D

That seems like a Win/Win compromise  ;D
Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery? Forbid it, Almighty God! I know not what course others may take; but as for me, give me liberty or give me death!"
—Patrick Henry

"Good intentions will always be pleaded for every assumption of authority. It is hardly too strong to say that the Constitution was made to guard the people against the dangers of good intentions. There are men in all ages who mean to govern well, but they mean to govern. They promise to be good masters, but they mean to be masters."
— Daniel Webster

tombogan03884

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Re: Kahr Leaving NY for Penn
« Reply #8 on: September 06, 2013, 04:02:46 PM »
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 ?

 

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