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Old 11-17-2016, 08:24 PM
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Thumbs down Business Write-off versus Donation to Non-Profit

My question relates to a manufacturer whose product gets damaged or returned by a customer and is not a candidate for sale or resale. Can you give me a better understanding of the tax benefits to the manufacturer of having the product destroyed or returned and writing it off versus having the store donate the product to a non-profit? Is it a wash or is one approach better for the bottom line than the other?
Thank you,
Rich Hays



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