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The BMW Range
///M Cars
E92 M3 spotted!
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<blockquote data-quote="E46Fanatic" data-source="post: 261995" data-attributes="member: 81"><p>More cars past the Rm350k range are company reg instead of personal. Company cars are the way for typically profitable companies way to pay less taxes to the govt while benefiting the major shareholder(s) or directors. Any other way the shareholders and directors take the $$ out to benefit themselves, is subjected to tax brackets before it reaches their wallets. Usually its the really profitable unknown Sdn Bhd's who are privately owned which gets to freely excercise this benefit without scrunity of public shareholders. <a href="http://www.sc.com.my/ENG/html/resources/press/pr_20071001.html" target="_blank">See how Kenneth Vun an avid car fan got himself in the news in doing this hehe.</a></p><p> </p><p>Anyway, seen an X5 4.4 company registered road tax and its RM22k per year a few years ago.</p></blockquote><p></p>
[QUOTE="E46Fanatic, post: 261995, member: 81"] More cars past the Rm350k range are company reg instead of personal. Company cars are the way for typically profitable companies way to pay less taxes to the govt while benefiting the major shareholder(s) or directors. Any other way the shareholders and directors take the $$ out to benefit themselves, is subjected to tax brackets before it reaches their wallets. Usually its the really profitable unknown Sdn Bhd's who are privately owned which gets to freely excercise this benefit without scrunity of public shareholders. [URL="http://www.sc.com.my/ENG/html/resources/press/pr_20071001.html"]See how Kenneth Vun an avid car fan got himself in the news in doing this hehe.[/URL] Anyway, seen an X5 4.4 company registered road tax and its RM22k per year a few years ago. [/QUOTE]
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