海洋银行教材中心

受一些限制, the charitable deduction for contributions of property equals the fair market value (FMV) of the property. 然而, the charitable deduction for contributions (from a C corporation) of inventory is generally limited to the donor's adjusted basis in donated property. 在很多情况下, the donor's basis in the property is significantly less than the property's FMV; however, Section 170 (e)(3) of the Internal Revenue Code provides a deduction for corporate contributions of inventory as much as twice the donor's adjusted basis in the property. 这笔财产必须捐赠给公共慈善机构, 哪一个 will use the property for the benefit of the ill, 穷人, 或者未成年的孩子. The 170(e)(3) deduction equals the lesser of two amounts:

1. The donor's tax basis in the property increased by one-half the difference between FMV and basis; or, 
    
2. Twice the donor's tax basis in the contributed property.

The additional tax savings achieved by taking advantage of Section 170(e)(3) can be substantial. 例如, assume a retailer has excess inventory with a market value of $50,000美元，基础为12美元,000. If the retailer donates the inventory or computers to FamilyTech or 海洋银行教材中心 in a 170(e)(3) transaction, 捐款扣除额等于24美元,000, 这是以下数的小数:

1. Basis plus one-half the difference between market value and basis
   例如:$12,000 + 0.5 x ($50,000 - $12,000) = $31,000
    
2. 基底的两倍
   例如:$12,000 x 2 = $24,000

If the retailer donated the inventory in a transaction that did not qualify under Section 170(e)(3), 扣除额只有12美元,000.

The 170(e)(3) benefit is available in the case of contributions to an "intermediary" charity 哪一个 will then distribute the donated property to other charities 哪一个 will use the property for the care of the ill, 穷人, 或者未成年的孩子. 例如, suppose a corporation makes a donation of inventory or computers to FamilyTech or 海洋银行教材中心, 哪一个, 反过来, distributes the computers and supplies to other charities that give the supplies to teachers.

The donor must obtain a statement from the charity that declares the use of the donated property will meet the requirements of Section 170(e)(3). FamilyTech and 海洋银行教材中心 will furnish the required documentation to any donor. This documentation is required in addition to any "written acknowledgement" that must be obtained to substantiate contributions under the 1993 Tax Act.

While Section 170(e)(3) may provide significant tax benefits for corporations, 哪些公司将库存捐赠给病人, 有需要的, 或婴儿, a number of issues must be considered in order to maximize the tax benefits. These considerations include: timing of the gift; effect of carryovers; expectations regarding future tax rates; and the effect of inventory price-level changes.

在…的支持下成为可能的: