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[–] 2 points 1 week ago (3 children)

As a tax junkie: no.

The "write off" is whatever amount they paid for it.

Sell product = have revenue that (hopefully) exceeds that amount and produces a profit

Trash product: no revenue, still have the expense

Donate product: no revenu, still have the expense.

That's it, it's really that simple, and it really is identical to trash it or donate it, as far as taxes are concerned.

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  • [–] 0 points 1 week ago (1 child)

    Or if it really is less expensive to get rid of it this way, then it will increase their profit which has the opposite effect from a "write off"

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  • [–] 1 point 1 week ago (1 child)

    Are you being serious mate? Giving away the lettuce instead of selling it for profit will increase their profits m8???

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  • [–] 4 points 1 week ago

    No. If giving it away is cheaper than disposing of it, then the profit when giving it away will be higher than when disposing of it.

    Of course if they sell it (which is a third case) they will have higher profits.

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