Tax Benefits

By donating new merchandise to FASHION DELIVERS, you and your company are aligning with other industry leaders, not only for a great cause, but also having a great deal to gain.

You have the ability to take a tax deduction which, in some instances, can be greater than the value of the actual merchandise. Section 170(e)(3) of the US Internal Revenue Code permits regular (C) corporations to deduct the lower of: 1) the cost of the products plus one-half of the difference between the cost and the fair market selling price, or 2) twice the cost.

Sections 170(e)(3) of the US Internal Revenue Code permits "S" corporations or a partnership company to earn a straight cost deduction. Consult your tax advisor to determine what the deduction would be in your case.