Corporate donations to charity...

**Shizara** · 03-08-2006, 09:25 PM

Can someone explain to me how this works? If a company makes a donation to charity who benefits from the tax exemption, the charity or company?

**Will** · 15-08-2006, 11:30 PM

Both apparently. I'm not sure how it works, but companies definitely gain benefits from donating money to charities. I imagine there's some tax relief involved somewhere. The company I work for does it occasionally, and I don't believe for a second they do it out of the goodness of their own hearts. I hate being ultra cynical, but I'm almost certain that's the case.

03-08-2006, 09:25 PM	#1 (permalink)
Shizara Super Moderator Join Date: Apr 2006 Location: Nuneaton Posts: 1,225	Corporate donations to charity... Can someone explain to me how this works? If a company makes a donation to charity who benefits from the tax exemption, the charity or company? __________________ Cool

15-08-2006, 11:30 PM	#2 (permalink)
Will Administrator Join Date: Mar 2006 Location: Stratford Upon Avon Posts: 1,000	Both apparently. I'm not sure how it works, but companies definitely gain benefits from donating money to charities. I imagine there's some tax relief involved somewhere. The company I work for does it occasionally, and I don't believe for a second they do it out of the goodness of their own hearts. I hate being ultra cynical, but I'm almost certain that's the case. __________________ --==Forum Admin Will==-- Your Friendly Forum Admin. - Contact me.

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode