I am from Ohio, and part of a 501 (c) 3 organization.
I would like to get some insight into how a publicly traded corporation could benefit from donating land or building to our organization and writing it off for tax purposes.
Since the shareholders of such a corporation are concerned about the bottom line profitability of the corporation, is it possible that the tax deductions could benefit the corporation more than an outright sale?
I would like to get some insight into how a publicly traded corporation could benefit from donating land or building to our organization and writing it off for tax purposes.
Since the shareholders of such a corporation are concerned about the bottom line profitability of the corporation, is it possible that the tax deductions could benefit the corporation more than an outright sale?