Not exactly tax deductible.
It is tax exempt. For example if my business makes $10,000,000 a year and i sponsor someone for $1,000. I will owe $500 less in taxes.
I ended up getting a wounded warrior super z....I had it up for sale, but taking it down now and goign to keep it. I havent put down my z2k RI that spits fire. But I am going to put the time into the super z.