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Bargain Sale

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Bargain Sale
The sale of an asset for less than fair market value with the intent of making a charitable contribution. For example, a grocery store may make a bargain sale if it sells food to a homeless shelter for $5,000 when it is worth $15,000. In this case, the grocery store may take a tax deduction for $10,000 (the difference between the sale price and the market value).


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Ampan'' bean-paste buns and milk were served to the first 100 people coming to the bargain sale starting at 6 a.
Bargain sales happen all the time especially in our current economic climate.
They have been lifted and thinned out and there has been a bargain sale of these surplus canes on the market for free.
 
 
 
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