Presumably this effect would be significantly reduced if charities sold the stock as soon as they received it, as they would also sell at the ‘inflated’ price?
I think sometimes they can write into the donation various stipulations around how fast they sell it. If you were looking to avoid scrutiny, you might take advantage of that.
Interesting theory!
Presumably this effect would be significantly reduced if charities sold the stock as soon as they received it, as they would also sell at the ‘inflated’ price?
I think sometimes they can write into the donation various stipulations around how fast they sell it. If you were looking to avoid scrutiny, you might take advantage of that.