AP don't enrich the country nor the rakyat

[Scuderia]

How our country is possibly being short changed TWO WAYS

1) When a vehicle arrives on our shore - Custom duties are not paid in full,


2) When a vehicle is sold to a customer - The selling price of the vehicle includes the APs "cost" (i.e if the AP holder sells the AP outright), in addition to the profit margin they want to make.

APs as we know are sold for 40k outright and if we take approx an ave. profit margin of a car that sells for 170k to 200k to be conservatively 30k.

We will derive a Gross Margin = 40 + 30 = 70k per car

If an AP 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 question ? was Corporate Tax actually paid on that Rm21 billion i.e RM5.9 billion

And this is only a scenario for ONE company

Uncle Sam these are actual statistic AP numbers provided by the govt....

We can build many hospitals with that kind of taxes

 

[alexz]

yeah and does the AP's do any help to makciks in kampungs? no, it only helps to fatten the few cronies. and make us who have to earn money the hard way suffer from buying expensive cars.

 

[boggysv]

We can build many hospitals with that kind of taxes

Lets repair the roads first.

 

[zan]

Lets repair the roads first.

and removed PLUS, make north south highway FOC.