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This old comment by patio11 (Patrick McKenzie, the one behind „Bits about Money“ and the blog at kalzumeus.com) on this topic might be of interest: https://ne
by _Microft 2y ago
This old comment by patio11 (Patrick McKenzie, the one behind „Bits about Money“ and the blog at kalzumeus.com) on this topic might be of interest:
https://news.ycombinator.com/item?id=10863978 https://news.ycombinator.com/item?id=10863978
It explains why companies have a lot less problems with invoices than with donations.
- Aachen 2y agoNever heard of any NTA or of business expenses being converted into money to myself when it's not on my account. Looking up what an NTA is in relation to taxes, they're a nonprofit themselves and don't appear to have authority of any kind besides PR https://en.m.wikipedia.org/wiki/National_Tax_Association https://en.m.wikipedia.org/wiki/National_Tax_Association Regardless, if this were a concern in Germany, I'm sure our boss/director would have mentioned it on that call as a simple reason rather than finding excuses and saying we could pick a different nonprofit who needs it more to donate to Companies donate all the time... this argument about it being considered income makes no sense, and if it did, just donate {income tax rate}% less if the company can't afford more and no problem either