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If a newspaper donates ad-space to a non-profit, is it tax-deductible?

2007-06-07 10:16:09 · 2 answers · asked by psibert 1 in Business & Finance ➔ Taxes ➔ United States

2 answers

No!! To be deductable they would need to give the non-profit something that is taxable. Lost revenue is not.

2007-06-07 17:18:09 · answer #1 · answered by ? 6 · 0⤊ 0⤋

No. Lost Revenue is not deductible.

2007-06-07 17:35:54 · answer #2 · answered by Wayne Z 7 · 2⤊ 0⤋

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