Keith A. Tucker, who resigned as chief executive officer of Waddell & Reed last year, is looking to avoid paying $1.23 million in earnings taxes to Kansas City, where the company is headquartered and where he worked between 1992 and 2005, The Kansas City Star reports.

Although Tucker and his wife had owned and lived in an historic mansion for seven years and, before that, in a condominium for nearly seven years, and did not move to Dallas until after he resigned from Waddell & Reed, he maintains that Dallas, where he has also long owned property, is his true home. His attorney adds that the city has "no definition anywhere of what a resident is." The tax in question is the 1% earnings tax on the $74.3 million Tucker earned between 1999 and 2003.

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