sanitation@lemmy.radio to me_irl@lemmy.world · 24 hours agome irllemmy.radioimagemessage-square47linkfedilinkarrow-up1857arrow-down14
arrow-up1853arrow-down1imageme irllemmy.radiosanitation@lemmy.radio to me_irl@lemmy.world · 24 hours agomessage-square47linkfedilink
minus-squareDjehngo@lemmy.worldlinkfedilinkarrow-up3·16 hours agoSurely the revenue the report from your donation counteracts the loss they get from their donation to charity? Unless there is some accounting magic I am missing?
minus-squareBCsven@lemmy.calinkfedilinkarrow-up3·14 hours agoThey don’t get a deduction. Only the customer donating can claim the deduction with their receipt. McDonalds ( or others ) are just transferring funds on behalf of you
minus-squareBluescluestoothpaste@sh.itjust.workslinkfedilinkarrow-up2·edit-214 hours agoYou might be right, reading more about how it’s actually accounted might not make any benefit to their accounting bottom line. Still it’s our money and then they print up a big funny check and take a picture and act like they’re the charitable ones.
Surely the revenue the report from your donation counteracts the loss they get from their donation to charity?
Unless there is some accounting magic I am missing?
They don’t get a deduction. Only the customer donating can claim the deduction with their receipt. McDonalds ( or others ) are just transferring funds on behalf of you
You might be right, reading more about how it’s actually accounted might not make any benefit to their accounting bottom line.
Still it’s our money and then they print up a big funny check and take a picture and act like they’re the charitable ones.