3 ms·
> So when German non-profits want to hand out merch in exchange for a specific donation amount, non-profit has to pay for-profit taxes on that? No, I think wha
by codesections 5y ago
> So when German non-profits want to hand out merch in exchange for a specific donation amount, non-profit has to pay for-profit taxes on that?
No, I think what he's saying is that it's not a tax-deductible donation for the patrons. (Which is actually more-or-less law in the US too, unless the reward is worth vastly less than the donation[0])
[0] https://www.nolo.com/legal-update/irs-changes-thank-you-gift-rules-35445.html https://www.nolo.com/legal-update/irs-changes-thank-you-gift...