Is that true though? I believe that there is a tax advantage in the US for C-corps.
"The tax break comes thanks to a piece of tax code that many people haven’t heard of: Internal Revenue Code Section 170(e)(3). It provides C Corporations with a tax deduction equal to up to twice the cost of donated products, when they donate those products to qualified nonprofits.
Under the tax code, deductions are equal to the cost of the inventory donated, plus half the difference between the cost and fair-market selling price, not to exceed twice the cost.
For example, if your product cost $10 and you sell it in store for $30, the difference is $20. Half of $20 is $10. So, $10 (Product Cost) + $10 (Half the Difference) = $20 Deduction. Twenty dollars does not exceed twice the product cost, so it does not exceed the maximum allowable deduction."
Source: https://www.supplychainbrain.com/blogs/1-think-tank/post/29181-can-donating-merchan[product key remo...
