this post was submitted on 10 Jul 2023
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The company doesn't get to tax write off other peoples donations.
They make a donation and use people's money to cover the cost
Do they not have to pay tax on the money people give them?
I think it depends how it's being done. If they just collect the donation and hand it off it's not helping them. Sometimes the fine print is that they're donating a percent of sales or whatever so if you donate $5 on a $50 sale that might be a higher percentage than what they donate. Now that I'm reading about it I might be wrong https://apnews.com/article/fact-checking-000329849244