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You can make donations to a for-profit business. You just can't deduct it from your taxable income.
by icepush 11mo ago
You can make donations to a for-profit business. You just can't deduct it from your taxable income.
- deleted 11mo ago[deleted]
- spelk 11mo agoI don't have any input on direct user funding for Firefox, but Thunderbird is also developed by a for-profit entity and accepts direct user funding with no charitable tax deductions as well. [0] https://www.thunderbird.net/en-US/donate/ https://www.thunderbird.net/en-US/donate/ [0] https://www.thunderbird.net/en-US/donate/ https://www.thunderbird.net/en-US/donate/
- fhd2 11mo agoExactly, and to my knowledge the receiving party needs to pay profit tax on them. It's called a donation, but technically more of a pay-what-you-want model. Several businesses do that.