Re:Tech Billionaires Hack Their Taxes with a Philanthropic L...
by chimeracoder on Sunday August 05, 2018 @04:32PM
(#17693384)
> I think it'd be fair for donors to get a tax break according to how much the stock is worth when it's given to charity.
In the most common scenario, that would mean people could receive deductions on a larger tax basis than the value they actually donated. If they waited long enough, they could even receive a tax break that was greater than 100% of the amount they donated.
In the most common scenario, that would mean people could receive deductions on a larger tax basis than the value they actually donated. If they waited long enough, they could even receive a tax break that was greater than 100% of the amount they donated.