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1. Junior (junior@masto.ai)'s status on Saturday, 30-Dec-2023 20:43:40 JST Junior

   @nathans I've often wondered if this is true. You would think the IRS would have rules around these types of charitable donations. But then again, it wouldn't surprise me if this loophole exists. Any tax peeps out there that can clarify?

   • Jonathan Mesiano-Crookston (jmcrookston@mastodon.social)'s status on Saturday, 30-Dec-2023 20:43:35 JST Jonathan Mesiano-Crookston

     in reply to

     • Jo Etzel

     @JosetAEtzel @junior @nathans

     I found this about tax receipts for donations at check-outs. It's for Canada.

     https://www.cbc.ca/radio/costofliving/checkout-donations-nobody-gets-tax-benefit-1.6524462

   • Jonathan Mesiano-Crookston (jmcrookston@mastodon.social)'s status on Saturday, 30-Dec-2023 20:43:36 JST Jonathan Mesiano-Crookston

     in reply to

     • Jo Etzel

     @JosetAEtzel @junior @nathans

     Sounds like misleading advertising. Not that that doesn't happen 🤷♀️

   • Jonathan Mesiano-Crookston (jmcrookston@mastodon.social)'s status on Saturday, 30-Dec-2023 20:43:37 JST Jonathan Mesiano-Crookston

     in reply to

     @junior @nathans

     In thinking about it. I wonder if they get a kickback from the commercial org to be the listed charity? Wouldn't put that past corporate psychopaths.

   • Jo Etzel (josetaetzel@fediscience.org)'s status on Saturday, 30-Dec-2023 20:43:37 JST Jo Etzel

     in reply to

     • Jonathan Mesiano-Crookston

     @jmcrookston @junior @nathans My understanding is the company promises to give a charity a certain amount of money, say $1 million. The company asks customers to donate; suppose they give $500,000. Then the company only has to donate $500,000 of its own money, but can advertise that it donated the full million.

   • Jonathan Mesiano-Crookston (jmcrookston@mastodon.social)'s status on Saturday, 30-Dec-2023 20:43:38 JST Jonathan Mesiano-Crookston

     in reply to

     @junior @nathans

     I don't think it would work. The organization is not a charity so it can't take the money revenue free. If it donated it it would just get the tax off the same dollar. No gain. But I'm open to be wrong here.

   • sofia ☮️🏴 (sofia@chaos.social)'s status on Saturday, 30-Dec-2023 20:44:08 JST sofia ☮️🏴

     in reply to

     • Jonathan Mesiano-Crookston
     • Jo Etzel

     @jmcrookston @JosetAEtzel @junior

     yeah, it's not true for the US either.

     https://www.taxpolicycenter.org/taxvox/who-gets-tax-benefit-those-checkout-donations-0

     i haven't found any sources for other places, but i think if it were true anywhere, we would have heard about it…

     would you please edit your post, clarifying that this is false, @nathans ?