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Thank you for the advice on the G-car. I am also considering a corporate lease, and was wondering if anybody knew how much of the car could be a tax deductible expense, and how to go about pursuing this? If anyone has their car under a corporate name, I would appreciate the advice!

Thanks so much.
 

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You can depreciate anything if it is used for a real business purpose and not personal. Oh, and can prove it.

If you own a fashion store that gross sales are 1 million it will be very difficult to justify. However, if you were a high-end fashion boutique, gross 50 million and use the car in photo shoots and to inspirer customers to buy from you, it would be perfectly legal.

Also, the IRS requires you to keep a detail log on usage.
 
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