I am curious about Bussiness tax law.  I know that for accounting
purposes that it is legal for a company to right donations of a
non-depreciated item at the fair market value. My question is what
value does the company right the donation off of their taxes as, are
the able to right it off at the retail value do to it being the fair
market value and the potention earning power or must they right it off
only as the amount they paid for it? Please respond with cited
sections of tax code.

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Request for Question Clarification by pinkfreud-ga on 05 Oct 2004 21:24 PDT

Google Answers is an international service. Researchers will need to
know which nation's tax code is being discussed here.

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Clarification of Question by omnia9-ga on 06 Oct 2004 09:27 PDT

I am curious about the United States tax code

Believe it or not, it makes a difference what type of property is
being contributed (appreciated ordinary income-type property,
inventory, scientific equipment) and what type of chartible
organization the donee is (private foundation, regular 501(c)(3),
501(c)(3) that uses the property to care for the ill, needy, infants).
 And who says the US doesn't need tax simplification!

So it might help the GA researcher if you give them more specific details.