countflacula comments on Not today, sorry.

[–] countflacula@lemmy.ca 6 points 2 years ago (2 children)

Charity donations are tax deductible (usually) so what you're doing is giving the business a means to bring down their contributions for the year. It'd really be best if you just donated directly.

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[–] WoahWoah@lemmy.world 3 points 2 years ago

No. That's not how that works.

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[–] SMT42@lemmy.world 1 point 2 years ago*

Deductible means they don't pay taxes on the money they donated
It does nothing to reduce the tax burden on their profits, if the money they're donating wouldn't have been profit in the first place

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