Mickey7@lemmy.world to Lemmy Shitpost@lemmy.world · 2 months agoDon't we all hate thislemmy.worldimagemessage-square30fedilinkarrow-up1502arrow-down111
arrow-up1491arrow-down1imageDon't we all hate thislemmy.worldMickey7@lemmy.world to Lemmy Shitpost@lemmy.world · 2 months agomessage-square30fedilink
minus-squareRetro_unlimited@lemmy.worldlinkfedilinkarrow-up59arrow-down3·2 months agoThe store takes your donation, then they donate it and take all the credit. “Store name” donated $1 million to XYZ Charity.
minus-squareEczpurt@lemmy.worldlinkfedilinkarrow-up32arrow-down8·edit-22 months agoNot only do they get the credit, they also get tax benefits from the donation. Update: Seems I am incorrect! Thanks for the polite discourse.
minus-squaresurewhynotlem@lemmy.worldlinkfedilinkarrow-up3·2 months agoThey make a dollar, they donate a dollar. No change to tax.
The store takes your donation, then they donate it and take all the credit.
“Store name” donated $1 million to XYZ Charity.
Not only do they get the credit, they also get tax benefits from the donation.
Update: Seems I am incorrect! Thanks for the polite discourse.
They make a dollar, they donate a dollar. No change to tax.
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