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      11-02-2012, 05:49 PM   #12
PrimoM3
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Drives: '13 X5M
Join Date: Feb 2008
Location: West Coast, U.S.

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Quote:
Originally Posted by Spaceman Spiff
Quote:
Originally Posted by bbkg79 View Post
No need to, tax write-off.
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?
Closer to 40% but yes.
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'13 Individual Frozen Brilliant White ///M3 Coupe
Ordered 2/15/12 | Euro Delivery on 9/21/12 | U.S. Redelivery on 12/6/12 | Motor Dead on 7/15/13

'13 Space Gray/Mugello Red X5///M
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