this post was submitted on 03 Oct 2023
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To preempt the inevitable: no, companies do not take your donations and then use them as a tax write off to somehow profit. That's a myth. That's not how taxes work. Those donations are yours and you can claim them on your taxes. Yes, really.
They definitely don't profit but don't donations lighten a corporation's tax liability?
No. They literally just said that's not how it works.