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Exotic cars on your business?

Discussion in 'Legal Aspects of Running a Business' started by K, Apr 19, 2016.

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  1. K

    K Member

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    I saw in another thread you were talking about buying cars through your business, how is this done? How do you justify an exotic through and internet based company?
     
  2. Pejman Ghadimi

    Pejman Ghadimi Member

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    As a business asset, not for business use. If the business requires your presence to be one of success, then your marketing can encompass an exotic. Makes sense?
     
  3. K

    K Member

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    Got it, have you ever ran into trouble with this as a business with the tax man?
     
  4. Pejman Ghadimi

    Pejman Ghadimi Member

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    yes, been audited twice.
     

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