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11-06-2012, 12:31 AM
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#69
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John
Drives: '12 AW/FR M3
Join Date: Feb 2008
Location: Cherry Hill, NJ
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Quote:
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Originally Posted by red-sauerkraut
Wrong you are.
Maybe take a some tax classes.
BMW is a class act for giving back.
Quote:
Originally Posted by Spaceman Spiff
It's deducted from taxable income not taxes due so it's still costing them $650K-$700K, assuming they pay U.S. tax of 30-35% and not German 15% tax.
Still, only $1MM?
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Which part of what he said is wrong about deductible/taxes? Aside from tax rates, the concept seems spot-on.
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Current - 2012 AW/FR E92 M3 - DCT w EDC, ZPP w Tech, Apps, Enhanced Sound, SAT.
Mods - Piano Black, Euro Visors, OEM Performance CF Spoiler + Grills + Pedals, IND Gloss Blk Pkg, Lux V3, Arkym CF Front Lip, 19" HRE P40
Sold - 2008 BSM/Black E92 335i - Step, Premium, Sports, Logic7, Comfort, Navi, SAT, Alum. |
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