Why would it be a nightmare...simply set up a corporate wide *single*
account for all gift card monies to be deposited/withdawn. Earn interest
on same while it sits there. Claim interest as profit.
For those monies that are never redeemed, the money is still there should
the gift certificate be found. But all the while, it is being used to
generate interest monies for the company. Done right, a MBA with an eye
on being the CEO could do some stats on geographical areas and marketing
campaigns which, surprise surprise, lead to a high level of non-redemption,
and in the words of the 90's "pump up the volume," but not too high as
to trigger any gov't department or consumer watch group. Please note the
sarcasm in the previous sentence, as most that would want to implement
such a strategy would be far too greedy to keep their actions in check.
There would be some accounting maintenance, and the cost of that
maintenance would be covered by the profit gained from the interest,
and lowering the amount of profit taxed via whatever convuluted
accounting laws in your country.
Think thrice, measure twice and cut once.
Sanding is like paying taxes ... everyone has to do it, but it is
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