this post was submitted on 25 Nov 2024
23 points (96.0% liked)

Asklemmy

43954 readers
544 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_[email protected]~

founded 5 years ago
MODERATORS
 

If I’m in the checkout at a business, say McDonald’s or Walmart or Kroger or whatever, and they ask if I’d like to round up to donate to some charity, I usually say yes. But should I be doing this? I heard somewhere that I shouldn’t because they can claim that as a donation from them which contributes to them paying less taxes or something, I’m not sure if that’s 100% how it works but I figure that it benefits them somehow or why else would they do that?

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 10 points 22 hours ago

That is absolutely false.

Corporations can only donate on your behalf, so they get no tax benefits whatsoever. They cannot claim the money you donated as income nor can they donate it under their own name. The only thing they can do is use it for PR and tell the public “they helped raise $x for this cause”.

That said, if you donate a non trivial amount to charity, you should do it directly with the charity so you can get a tax receipt and write it off on your personal taxes.