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be honest (discuss.tchncs.de)

submitted 5 months ago by [email protected] to c/[email protected]

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[–] [email protected] 7 points 5 months ago (1 children)

I used to believe this too. I was corrected and informed that if it collected as a donation it is not the company making the donation and they can not gain tax benefits from it. They also aren't paying a sales tax on that money either.

The benefit is exclusively the good PR from arranging the donation, which to be fair, they did. If the donation came through a credit card they may have covered the ~3% transaction fee, although they could potentially write that off for the portion that the donation increased the fee by.

[–] [email protected] 1 points 5 months ago

That make complete sense, thank you for correcting me.

I think I was conflating the practice of matching donations with this, as both have a corporation encouraging you to donate to the charity they choose.