this post was submitted on 02 Oct 2023
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[–] [email protected] 6 points 1 year 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.

[–] [email protected] 3 points 1 year ago

No. That's not how that works.

[–] [email protected] 1 points 1 year ago* (last edited 1 year 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