Posted: 16 Apr 2004
This article describes the effect the 2003 Tax Act has on the cost of donating intangibles. The cost of donating is analyzed based on marginal tax rates and the basis of the contributed property as a percentage of the market value. Overall, the results reveal that it is more costly to donate after the 2003 Tax Act because of the lower income and capital gain tax rates.
Suggested Citation: Suggested Citation
Coppage, Richard E. and Baxendale, Sidney J. and Blum, Lisa, The Reduced Benefit of Contributing Intangibles After the 2003 Tax Act. Tax Notes, Vol. 103, No. 3, April 19, 2004. Available at SSRN: https://ssrn.com/abstract=531822