{"id":491253,"date":"2010-04-01T13:00:46","date_gmt":"2010-04-01T20:00:46","guid":{"rendered":"https:\/\/sportscardigest.com\/\/?p=41550"},"modified":"2024-12-27T01:25:49","modified_gmt":"2024-12-27T01:25:49","slug":"taxes","status":"publish","type":"post","link":"https:\/\/www.supercars.net\/blog\/taxes\/","title":{"rendered":"Taxes"},"content":{"rendered":"<div class='memberful-global-teaser-content'>\n<p style=\"text-align: justify;\">It is astonishing what you can learn about different countries if you follow motor racing. I have no real knowledge about tax except for those tear-stained begging letters I receive from the Inland Revenue, but I have picked up a few things.<\/p>\n<p style=\"text-align: justify;\">Cunningham, Scarab, and Chaparral were all major American sports car projects and they all lasted just under five years. Each project was funded from the pocket of a wealthy individual who could write it off against tax provided it did not last more than five years. Briggs Cunningham and Jim Hall continued to be entrants, but they bought their cars from elsewhere.<\/p>\n<\/div>\n<style>\n        .memberful-global-teaser-content p:last-child{\n            -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent);\n            mask-image: linear-gradient(180deg, #000 0%, transparent);\n        }\n    <\/style>\n<div class='memberful-global-marketing-content'>\n<div class=\"a07online-global-marketing-content-wrapper\">\n<h2 class=\"a07online-global-marketing-title\">No Subscription? You&#8217;re missing out<\/h2>\n<p class=\"a07online-global-marketing-content\">Any Text Here<\/p>\n<p><a class=\"a07online-global-marketing-prompt\" href=\"https:\/\/supercars.memberful.com\/checkout?plan=86696\">Get Started<\/a><\/p>\n<div class=\"a07online-global-marketing-signin\">\n<h4 class=\"a07online-global-marketing-signin\">Already a Member? <a href=\"https:\/\/supercars.memberful.com\/account\">Sign in to your account here<\/a>.<\/h4>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It is astonishing what you can learn about different countries if you follow motor racing. I have no real knowledge about tax except for those tear-stained begging letters I receive from the Inland Revenue, but I have picked up a few things. Cunningham, Scarab, and Chaparral were all major American sports car projects and they all lasted just under five years. Each project was funded from the pocket of a wealthy individual who could write it off against tax provided [&hellip;]<\/p>\n","protected":false},"author":172,"featured_media":586574,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[495,263,1920,11272,261,18207],"tags":[1768,21450,2878,12013,5469,1336,17152,11408,1439,415,5545,14624,1961,20068,5694,20125,76,17140,548,11502,1148,1826,22016,1860,17143,1789,17201],"class_list":["post-491253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bugatti","category-car-culture","category-lotus","category-members-only","category-motorsport-racing","category-special-feature","tag-austin-healey","tag-austin-healey-featured","tag-bmc","tag-briggs-cunningham","tag-bugatti","tag-cadillac","tag-car-culture","tag-chaparral","tag-cunningham","tag-jaguar","tag-jaguar-xk120","tag-jaguar-xk150","tag-lotus","tag-lotus-featured","tag-lotus-elite","tag-lotus-race-featured","tag-mclaren","tag-members-only","tag-motorsport","tag-jim-hall","tag-24-hours-of-le-mans","tag-rolls-royce","tag-rolls-royce-featured","tag-scarab","tag-special-feature","tag-talbot","tag-last-lap-column"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Taxes<\/title>\n<meta name=\"description\" content=\"Mike Lawrence takes a look at one of life\u2019s certainties and how it has affected the racing car industry.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.supercars.net\/blog\/taxes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Taxes\" \/>\n<meta property=\"og:description\" content=\"Mike Lawrence takes a look at one of life\u2019s certainties and how it has affected the racing car industry.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.supercars.net\/blog\/taxes\/\" \/>\n<meta property=\"og:site_name\" content=\"Supercars.net\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Supercars.net\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/steve.natale1\" \/>\n<meta property=\"article:published_time\" content=\"2010-04-01T20:00:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-27T01:25:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2010\/04\/LL-Lawrence-Mike-520x520-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"520\" \/>\n\t<meta property=\"og:image:height\" content=\"520\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Steve Natale\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@supercars_net\" \/>\n<meta name=\"twitter:site\" content=\"@supercars_net\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steve Natale\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.supercars.net\/blog\/taxes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.supercars.net\/blog\/taxes\/\"},\"author\":{\"name\":\"Steve Natale\",\"@id\":\"https:\/\/www.supercars.net\/blog\/#\/schema\/person\/237befa83e8e5937247db55880b8cc49\"},\"headline\":\"Taxes\",\"datePublished\":\"2010-04-01T20:00:46+00:00\",\"dateModified\":\"2024-12-27T01:25:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.supercars.net\/blog\/taxes\/\"},\"wordCount\":1019,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.supercars.net\/blog\/taxes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2010\/04\/LL-Lawrence-Mike-520x520-1.jpg\",\"keywords\":[\"Austin-Healey\",\"Austin-Healey (Featured)\",\"BMC\",\"Briggs Cunningham\",\"Bugatti\",\"Cadillac\",\"Car Culture\",\"Chaparral\",\"Cunningham\",\"Jaguar\",\"Jaguar XK120\",\"Jaguar XK150\",\"Lotus\",\"Lotus (Featured)\",\"Lotus Elite\",\"Lotus Race (Featured)\",\"McLaren\",\"Members Only\",\"Motorsport &amp; 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