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March 9th, 2020, 12:28 PM
#11

Originally Posted by
Snowwalker
For every cent they collect and donate, the store gets a TAX right off.
Same as any charitable donation, but they get the tax deduction not you.
Are you sure about that? That means they would have to declare the donation as income ...
Anyhow, I normally do pitch in the $1 or $2 that they ask for ... I don't mind helping. But I've said no a few times ... especially when I've been back to that store 3 times in the past 2 days. I hear a lot of people saying no. If the cashier changes mood, well, screw them ... it's your decision, and they have no clue how else you are helping. You might have just donated $10k to a church ... who knows. If they want to be judgmental, you have a right to judge them right back.
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March 9th, 2020 12:28 PM
# ADS
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March 9th, 2020, 04:59 PM
#12
I can’t say I remember getting attitude either way. I’m sure the majority of them hate asking for donations. It’s my business what I decide to do.
"Only dead fish go with the flow."
Proud Member: CCFR, CSSA, OFAH, NFA.
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March 9th, 2020, 06:43 PM
#13

Originally Posted by
MarkB
Are you sure about that? That means they would have to declare the donation as income ...
Anyhow, I normally do pitch in the $1 or $2 that they ask for ... I don't mind helping. But I've said no a few times ... especially when I've been back to that store 3 times in the past 2 days. I hear a lot of people saying no. If the cashier changes mood, well, screw them ... it's your decision, and they have no clue how else you are helping. You might have just donated $10k to a church ... who knows. If they want to be judgmental, you have a right to judge them right back.
Not income, it's a donation. So yes they still get a tax credit on your donation.
Take the warning labels off. Darwin will solve the problem.
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March 10th, 2020, 09:04 AM
#14
Has too much time on their hands
When you donate this way...your money goes to the corporation who gets the tax write of (usually for their foundation - another tax write off), stop doing it. Give to your local church, mosque, shriners, food bank, ect. Tim's smile days, Bell lets Talk, Happy Meal meal are tools in which the your money is helping corporation not pay taxes. Also, each day a portion of electrical, carrying costs, operating expenses, wages are all tallied up in the tax write off scheme corporations use. Give local, give often
Stop funding corporate tax write offs. Give local, give often
MacDonald Corp Canada FY 18/19- got a $25,000,000.00 write off (did not pay tax) off your money....
Mark Snow, Leader Of The, Ontario Libertarian Party
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March 10th, 2020, 03:15 PM
#15

Originally Posted by
line052
When you donate this way...your money goes to the corporation who gets the tax write of (usually for their foundation - another tax write off), stop doing it. Give to your local church, mosque, shriners, food bank, ect. Tim's smile days, Bell lets Talk, Happy Meal meal are tools in which the your money is helping corporation not pay taxes. Also, each day a portion of electrical, carrying costs, operating expenses, wages are all tallied up in the tax write off scheme corporations use. Give local, give often
Stop funding corporate tax write offs. Give local, give often
MacDonald Corp Canada FY 18/19- got a $25,000,000.00 write off (did not pay tax) off your money....
OK, I didn't know that! That is a big deal to me! But I'm surprised, they can receive this money, and the donate it as if it comes off their bottom line, without every having to declare it as income ... sounds crazy ... huge loophole. It's like you can show the money leaving the revenue, but you aren't showing it come in as revenue.
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March 11th, 2020, 09:31 AM
#16
Mmmmmmmmmmm ? Didn't give much thought as to the money. Just thought they handed it over to whatever charity it was collecting for. As in a community service type of thing. That be downright skanky to claim a corporate deduction off of it !
Good Luck & Good Hunting !
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March 11th, 2020, 11:58 AM
#17
Yes they get the tax write off that's why they do more than 1 charity now
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March 11th, 2020, 01:25 PM
#18
It'd be nice to know which ones are legit, the ones where all the donations actually end up where you expect them to. Sick kids, Ronald McDonald house, poppies are all seemingly good 'charities' but if stores are getting a percentage of those donations then its shameful.
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March 11th, 2020, 01:52 PM
#19

Originally Posted by
sawbill
It'd be nice to know which ones are legit, the ones where all the donations actually end up where you expect them to. Sick kids, Ronald McDonald house, poppies are all seemingly good 'charities' but if stores are getting a percentage of those donations then its shameful.
I go to the LCBO on a regular basis, just to see what's on sale. They are always asking and I always give for Sick Kids, but none of the others. It would be nice to know 100% of my donation goes to Sick Kids.
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March 11th, 2020, 02:30 PM
#20
Has too much time on their hands
Who cares if they get a tax write off or not, you money will still help someone!
Some of us make a big deal out of nothing.....