SillyMochi
SillyMochi

Fair deal. I'm in.

Post image
7mo ago

There are no exemptions on luxury cars. You just get standard depreciation benefit on the balance sheet with it. And if you later sell it you have to pay the tax if you make a profit. It will also sit on your balance sheet for years, you can't magically get rid of it.

ZestyQuokka
ZestyQuokka

In the least

Discover more
Curated from across