September 1997, Volume 3, No. 9 Too Much Inventory? Why Not Just Give It Away?

While it may seem all too easy for a manufacturer to accumulate excess inventory, it's usually a lot harder to get rid of it. One option, according to the National Association for the Exchange of Industrial Resources (Galesburg, Ill.; http://www.misslink.net/naeir), a not-for-profit organization, is to give it away. By donating those goods to a qualified charity, a corporation can earn a federal income tax deduction, under Section 170 (e) (3) of the U.S. Internal Revenue Code. Regular (C) corporations may deduct the cost of the inventory donated, plus half the difference between cost and fair market value. Deductions may be up to twice cost. Corporations, partnerships and sole proprietorships earn a straight cost deduction. For more information, contact NAEIR at (800) 562-0955.

Intelligent Manufacturing Resources: Intelligent Manufacturing Home Page | Contents of Current Issue Subscriber Access — Index of Past Issues | Free Access — Index of Past Issues Search | Reprints | Links E-mail to the Editorial Department of Intelligent Manufacturing: Lionheart Site Resources: Lionheart's Home Page | What's New | Site Index | Newsroom | Contact Software Surveys | Online Sponsors | Visitor Survey Other Publications: APICS — The Performance Advantage BDO Seidman, LLP Comprehensive Guide to Manufacturing Software Operations Research/Management Science Today | Intelligent Systems Report Subject Areas: Manufacturing & Resource Planning Operations Research and Management Science | Intelligent Systems | Lionheart's Publishing Services Copyright © 2020 by Lionheart Publishing, Inc. All rights reserved. Lionheart Publishing, Inc. 2555 Cumberland Parkway, Suite 299, Atlanta, GA 30339 USA Phone: +44 23 8110 3411 | e-mail: | URL: http://lionhrtpub.com