Three Singaporean Buyers Confirmed For $3.6m Pagani Supercar
#12
03-01-2012, 03:48 PM
Great news for both Pagani and Singapore. I have heard a lot of whining about expensive cars in Singapore, but have you guys ever calculated the income taxes there in comparison with US and majority of EU countries? Basically from EUR10M earned I can have a Huayra for free only from the difference in tax amount. I have done that lesson and you know picture changed a bit for me. With all that said its correct only in HK/SG, but it isn't the case for Mainland China, Taiwan, Thailand and others, those countries are taxing the crap out of resident on both incomes and cars.
#14
03-01-2012, 05:17 PM
So I've always thought these Hypercars were crazy. The Zonda always wayyyyyyy over the top for my tastes but this interior seriously just screams I'm a cool car 
First tan interior I've liked in a car EVER.
That's a nice look. Good on Pagani for selling 3 of these things. That's a lot of sales.
First tan interior I've liked in a car EVER.
That's a nice look. Good on Pagani for selling 3 of these things. That's a lot of sales.
#15
03-01-2012, 07:25 PM
Great news for both Pagani and Singapore. I have heard a lot of whining about expensive cars in Singapore, but have you guys ever calculated the income taxes there in comparison with US and majority of EU countries? Basically from EUR10M earned I can have a Huayra for free only from the difference in tax amount. I have done that lesson and you know picture changed a bit for me. With all that said its correct only in HK/SG, but it isn't the case for Mainland China, Taiwan, Thailand and others, those countries are taxing the crap out of resident on both incomes and cars.
No UK income tax! Know lots of Brits like this roaming around Asia paying nothing if they are independently wealthy and don't work at all, and 15% or something absurd on income if they work in HK, though car prices in HK is also absurd with the stupid tariff.
Now you find a country with low tax rate and live there, and you are all set. The only problem you have to deal with is the import tariff on cars.
Outside the U.S., I am not aware of any country that has cheaper car prices.
#16
03-01-2012, 07:33 PM
dont alot of rice people live in southern spain and claim resedency in gerbralter to avoid income tax?
#19
03-01-2012, 11:21 PM
Just an amazing piece of engineering, The interior is possibly the best I've ever seen. I wish the wheels were different though. They look a bit aftermarket for me. I can't decide if the mirrors are cool or buggy. This is really being picky though.
#20
03-04-2012, 07:03 PM
Brazil suffers from the same problem about high tax on import cars.
Just an example, 458 Italia that goes around U$300k here, in Brazil you will pay almost U$1.2 million
Can't imagine how much would be the Pagani
Just an example, 458 Italia that goes around U$300k here, in Brazil you will pay almost U$1.2 million
Can't imagine how much would be the Pagani