I find it disturbing that McDonald’s asks of you wanna donate to their hospital. Like 1) your fucking executives sure can 2) you’re dealing ultraprocessed junk food then asking people to donate to a hospital for you?
I used to believe this too. I was corrected and informed that if it collected as a donation it is not the company making the donation and they can not gain tax benefits from it. They also aren’t paying a sales tax on that money either.
The benefit is exclusively the good PR from arranging the donation, which to be fair, they did. If the donation came through a credit card they may have covered the ~3% transaction fee, although they could potentially write that off for the portion that the donation increased the fee by.
I find it disturbing that McDonald’s asks of you wanna donate to their hospital. Like 1) your fucking executives sure can 2) you’re dealing ultraprocessed junk food then asking people to donate to a hospital for you?
Not to mention that the donations are tax deductible.
I used to believe this too. I was corrected and informed that if it collected as a donation it is not the company making the donation and they can not gain tax benefits from it. They also aren’t paying a sales tax on that money either.
The benefit is exclusively the good PR from arranging the donation, which to be fair, they did. If the donation came through a credit card they may have covered the ~3% transaction fee, although they could potentially write that off for the portion that the donation increased the fee by.