[CrackMonkey] No Taxes

[Seth David Schoen]

Emad El-Haraty writes:

> On Thu, 3 Feb 2000, Seth David Schoen wrote:
> 
> > 
> > Accounting standards contain rules for assessing the value of computer
> > software, and those rules would be applied to evaluate whether the claimed
> > value of an in-kind donation is reasonable.
> > 
> > Whether those standards are fair is another question.  For instance,
> > Microsoft is presumably getting tax deductions for the value of each
> > copy of Windows it donates to a 501(c)(3) organization.  The argument
> > would be that those copies have a "value" which is transferred from
> > Microsoft to the recipient of the donation.  (But the means of transfer
> > are very, very indirect.  It's actually a matter of "Microsoft
> > hypothetically loses potential revenue in exchange for promising not to
> > sue the recipient for using its software" -- is that really a "donation"?)
> > 
> > 
> Reading about Microsoft `donating' 300 Million dollars is what got me
> thingking. I too have lost potential customers by giving them
> 10 licenses each worth 5k.

Incontrovertibly.

-- 
Seth David Schoen <schoen at loyalty.org>  | And do not say, I will study when I
Temp.  http://www.loyalty.org/~schoen/  | have leisure; for perhaps you will
down:  http://www.loyalty.org/   (CAF)  | not have leisure.  -- Pirke Avot 2:5