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Would you like to donate a dollar?
(sh.itjust.works)
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this post was submitted on 17 Nov 2024
743 points (94.2% liked)
Comic Strips
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Comic Strips is a community for those who love comic stories.
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Ah, this again.
The mega corporation did not receive any tax benefit from collecting donations. They are able to write off the amount of donations from their income, so that they aren't paying tax on the money they collected specifically to be donated.
They don't even report it as income, because it's not income. It's your donation, not the company's donation.