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BMWNA to Donate $1 Million for Hurricane Sandy Relief
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11-02-2012, 05:38 PM
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Spaceman Spiff
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Quote:
Originally Posted by
bbkg79
No need to, tax write-off.
It's deducted from taxable income not taxes due so it's still costing them $650K-$700K, assuming they pay U.S. tax of 30-35% and not German 15% tax.
Still, only $1MM?
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