(Download) "New Valuation Rules Apply to the Charitable Donations of Vehicles (American Jobs Creation Act of 2004)" by Review of Business " Book PDF Kindle ePub Free
eBook details
- Title: New Valuation Rules Apply to the Charitable Donations of Vehicles (American Jobs Creation Act of 2004)
- Author : Review of Business
- Release Date : January 01, 2007
- Genre: Business & Personal Finance,Books,
- Pages : * pages
- Size : 258 KB
Description
Abstract The rules for determining the amount of a deduction for the charitable contribution of a vehicle were recently amended by the American Jobs Creation Act of 2004. Although charitable contributions of property are generally based on fair market value, the new rules limit the amount of the deduction to the gross sales proceeds from the subsequent sale of the vehicle by the charity.
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