The Chronicle, 10/22/2004: President Bush Signs Into Law New Tax Rules on Noncash Gifts

The Chronicle, 10/22/2004: President Bush Signs Into Law New Tax Rules on Noncash Gifts: "President Bush Signs Into Law New Tax Rules on Noncash Gifts
By Elizabeth Schwinn
Washington
President Bush today signed into law a bill that will tighten rules for donations of cars, trucks, and other vehicles, as well as gifts of intellectual property and noncash corporate gifts that exceed $5,000 in value. The changes aim to prevent individuals and companies from taking overly generous deductions for such donations."