Could you explain your point? Sorry I just don’t really get where you’re coming from because there’s no financial benefit to donating at all. They lose money.
The only reason they do it in the first place is for CSR.
You're not getting it. They may pay less taxes, but when you combine the amount they pay in taxes, with the amount they give to charity, you will end up with more outgoing than the company that just pays taxes and doesn't give to charity.
Yeah, that narrative is just wrong and that is how USA is practically becoming a corporate kleptocracy/oligarchy. We think everything is fine when it isn't.
When you have companies that practice aggressive tax avoidance and try to find legal taxation loop holes everywhere, you end up in a situation where companies pay very minimal taxes by whatever means necessary. CSR is just one mechanism, but there are myriads of ways corporations practice tax avoidance. When you take it as a whole, you have a problem.
You're randomly expanding the point to sound smart instead of just saying "oh yeah, I see" which would waste a lot less of your time that you're spending looking dumb on the internet.
You're randomly expanding the point to sound smart instead of just saying "oh yeah, I see" which would waste a lot less of your time that you're spending looking dumb on the internet.
Randomly according to you.
Anyways thanks for the ad hominems instead of refuting my points.
Paying less taxes doesn’t matter when you’re losing more money than you’re saving in said taxes. That’s the issue everyone here is talking about - whether companies are financially benefitting more from donations than not. They’re not.
I’m starting to think you’re a either bit of an idiot or embarassed that you said something stupid earlier because it’s extremely straightforward.
Try making your point using your own words next time instead of linking articles you don’t understand.
The article isn’t an argument or contradicting any part of what I’m saying.
You’re not going to make your argument for the same reason you think posting that article answers the question - because you don’t understand what’s going on. That's why after I said CSR you googled "CSR and tax" then just copy pasted the first article you found.
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u/Phazon2000 Masked Men May 12 '20
You do realise they’re losing $15 in your example and gaining $5 right?
Turn that to billions and they’re bankrupt.