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Or is it that corporate gifts are not the same as personal gifts? Just 100% of this. Gift in this case has tax implications, but it in no way implies generosit
by IntronExon 9y ago
Or is it that corporate gifts are not the same as personal gifts?
Just 100% of this. Gift in this case has tax implications, but it in no way implies generosity of spirit, friendship, or the spirit of giving for another’s sake.
- jjeaff 9y agoWhy would having strings attached necessarily reduce the generosity? If I gift you a new car, but with the caveat that after 5 years, you must donate it to charity, does that make my gift disingenous or not generous?
- IntronExon 9y agoIt certainly changes it, although I’d be far more likely to compare this case with you giving me a car with instructions telling me to pick certain people up and drop them off at certain times, or you’ll take the car back.
- jjeaff 9y agoYou have the option to take the car with those caveats or not. If you choose to accept it, I must conclude that you consider it a net positive and thus a gift. Not as good as a full, unfettered gift, but a gift nonetheless.
- chii 9y agowhy should it have tax implication (in favour of Pearson's), if it is full of strings attached?