QUOTE(BeastX @ Nov 29 2007, 05:15 PM)
By that time tax would likely have cahnged... as of now..
4th year .. 65.61%
5th year .. 59.049%
6th year .. 30%
Japan made car have 25% off initially... So lets say a 2L, 6 year old car for RM X...
Amount taxed = (0.75)(0.30)(1.20) X = 0.27X, or 27% of RM X, the intial purchase price of car.
Cars in Japan over 3 yo need to pay shaken that is good for 2 years.. this may range from RM 3 to 4k or more...
Hi BeastX, how do we determine in which year is the car in? Eg. the car is produced in Dec 1, 2000, can I declare is at its 2nd year at Jan 1 2001 (which in fact is only 1 month old) or at its 3rd year Jan 1 2002? 4th year .. 65.61%
5th year .. 59.049%
6th year .. 30%
Japan made car have 25% off initially... So lets say a 2L, 6 year old car for RM X...
Amount taxed = (0.75)(0.30)(1.20) X = 0.27X, or 27% of RM X, the intial purchase price of car.
Cars in Japan over 3 yo need to pay shaken that is good for 2 years.. this may range from RM 3 to 4k or more...
If the above is true, isn't it always feasible to import car in Jan than in Dec.?
Hope to hear from you soon. Thank you.