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      11-02-2012, 05:38 PM   #9
Spaceman Spiff
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Drives: '03 2.5i Z4
Join Date: Aug 2007
Location: Los Angeles, CA

Posts: 636
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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?
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