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Quote:
Originally Posted by Cmosfm
For those who don't understand the way "field destroy" works:
Destroying"an item (as opposed to giving it away to customers), and providing documented evidence that they've been destroyed, results in a pretty hefty tax write-off for unsellable goods. Could they donate them to Goodwill for a tax write off as well? Yes, but the write-offs for donations are limited.
So before you go knocking any store for being "big-ol meanies" for not selling you items at a penny, business is business, and giving it away means they lose money.
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Yep, same thing happened when I was a manager at Blockbuster years ago. Every few months we would have to destroy hundreds of dvds and keep track of them for tax purposes. Getting caught taking any of these dvds was an automatic "you're fired" offense.