Tan Sri Lim Kok Thay buy new car.....
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 Oct 26 2025, 09:20 AM
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5,968 posts Joined: Jan 2003 From: KL, Malaysia 
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QUOTE(nonexno @ Oct 26 2025, 07:29 AM) Mr b40, tax deduction only for cars below 250,000. 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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