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Corvette/$100k single P6 winner at SA
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04-11-2008, 07:52 AM
whodey17
Oaklawn
Join Date: Mar 2007
Location: indy
Posts: 2,318
The tax on the car depends on his current tax bracket. He will have to pay a tax on the fair market value of the car. I am sure he has a good accountant that puts him in a low tax bracket.
whodey17
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