Suppose my corporation earns c2c 250k and buys a 250k property as company asset.  (This is actually quite unthinkable as usually you can only use part of this money.)

Using the 250k cash receipt my corp could get a bank loan.

Every month the mtg cost + pTax + utilities + maintenance cost could be 3-5k. I as am employee will pay that same amount as rent to my corp. The corp would have no profit and therefore pays no tax.

Alternatively, my corp can provide the 12M free accommodation as employee benefit, so my salary is reduced by 3k.