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[–] 23 points 1 week ago (2 children)

This myth will not die...

A company that collects your donations cannot claim those donations as tax deductible. They are your donations; you can claim them on your taxes.

Even if the company could claim them, it would be income that they would then offset, resulting in a net of zero. There would be no benefit to this.

Companies cannot and do not claim your donations to receive tax benefits. Companies do a lot of shitty things, but soliciting pocket change en masse for charities is actually one of the few good things they do.

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  • [–] 3 points 1 week ago (1 child)

    They do, however, make sure their company representative is handing over the big check during the press event. "Look how much our company donated back to the community!"

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  • [–] 2 points 1 week ago*

    Also they get to chose which Charity gets it, so it can be a trade of favors between their upper management and the upper management or board members of the chosen Charity, favors which in due time will be repaid.

    Further, in some Legal Jurisdictions the criteria to be a charity are incredibly low - for example rich Brits often use "charitable foundations" registered in the Channel Islands that pay all their expenses as a way to evade all tax in Britain, whilst at least some years ago the method used by the owner of IKEA to evade taxes in Sweden involved a convoluted ownership structure that ended up paying IKEA's dividends to a Charity "for the progress of interior decoration" registered in Luxembourg which paid all his expenses.

    Or to put it in simpler terms: if company upper management are mainly crooks in the way they choose to treat customers nowadays (a.k.a. enshittification), it makes sense they would also be crooks when it comes to charitable donations paid by customers which go via their companies.

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