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Message: <blockquote data-quote="Scuderia" data-source="post: 720315" data-attributes="member: 3991">Under declared and tax evasion ?Our country is being short changed by a few individuals1) Custom duties are not paid in full, AND 2) Those that get APs actually input the "profit" from selling the AP outright into the vehicles selling prices, in addition to the profit margin they want to make.APs we know are sold for 40k outright and if we take approx ave. profit margin to be 30k per car for a car that sells for 170k to 200kEach car Gross Margin = 40 + 30 = 70kIf a company have been in business for the past 15 years and receiving 20,000 APs a year Total Profit for the past 15 years = 70k per car X 20,000 APs/year X 15 years = a staggering Profit of RM 21 billion !The next question - was Corporate Tax paid on that Rm21 billion !! i.e 5.9 billion ? Uncle Sam ? We can build many hospitals with that kind of taxes</blockquote>

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