Re: This charity thing
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: the427king</div><div class="ubbcode-body">
What you are missing is that when you buy a car where the proceeds are going to charity, you cannot write off the donation in full because you are receiving an asset for the price you paid",its not a true "donation" due to that. If you overpay for a car thats being auctioned off ,you may be able to write off the amount you paid over the market value of the car. </div></div>
So who is the big tax winner then, the seller?
Verne [img]<<GRAEMLIN_URL>>/dunno.gif[/img]
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