The IRS allows for tax-deductible donations to non-profits of valuable items such as stock or artwork. Is there precedent for tax-deductible donations of valuable data? For example, if a package delivery company donated its data on traffic and location patterns to an urban planning non-profit, could the company claim a deduction?
The formula for determining the value would actually likely be:
the fair market value less any gain that would have been realized if the property had been sold at its fair market value on the date of the donation.