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Discounted Tests / Bargain Sale?

  • 1.  Discounted Tests / Bargain Sale?

    Posted 15 days ago
    Hi group.
    We have a local provider who is interested in providing COVID tests to our student athletes at a discounted rate.  

    In this case, would the discount below FMV be considered a bargain sale and a gift?

    Thank you!
    Ben


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    Ben Pendry

    Executive Director of Advancement Services

    Advancement  |  201 HF Robinson

    828.227.2558 tel  | bjpendry@wcu.edu

     

    Western Carolina University

    1 University Drive  |  Cullowhee, NC 28723



  • 2.  RE: Discounted Tests / Bargain Sale?

    Posted 15 days ago
    No.  This is a discount on service and since services are not gifts this cannot be counted as a gift.

    John

    John H. Taylor
    Principal
    John H. Taylor Consulting, LLC
    2604 Sevier St.
    Durham, NC   27705
    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987






  • 3.  RE: Discounted Tests / Bargain Sale?

    Posted 15 days ago
    Indeed
    Thank you, John.


    ---

    Ben Pendry

    Executive Director of Advancement Services

    Advancement  |  201 HF Robinson

    828.227.2558 tel  | bjpendry@wcu.edu

     

    Western Carolina University

    1 University Drive  |  Cullowhee, NC 28723