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 Tan Sri Lim Kok Thay buy new car.....

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nonexno
post Oct 26 2025, 07:29 AM

On my way
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QUOTE(kcchong2000 @ Oct 26 2025, 07:21 AM)
Lel. Not his Mani. He can buy it under his company, then as the asset. Then can use it to lower his tax. Lel. He also can claim company petrol, maintenance etc put in to the balance sheet.

Only b40 mindset thought these ppl buy using their own Mani without some benefit?
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Mr b40, tax deduction only for cars below 250,000.
nonexno
post Nov 1 2025, 03:30 PM

On my way
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Junior Member
570 posts

Joined: Mar 2008
QUOTE(kcchong2000 @ Oct 26 2025, 07:47 AM)
U think mereka takde Jalan?
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QUOTE(p4n6 @ Oct 26 2025, 09:20 AM)
The company can buy any value if approved by management and directors. Only 100k is okay for cumulative deduction. So can buy RM5m and claim back 100k, business owners usually cash out company money this way for personal gain … it is not for tax deduction purpose …
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Got go school?

 

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