4 ms·
Who profits from that deduction and how?
by yreg 5mo ago
Who profits from that deduction and how?
- deleted 5mo ago[deleted]
- mikepurvis 5mo agoOne assumes Anthropic given it's them doing the donating, but you also have to be actually making a profit to be paying tax.
- trollbridge 5mo agoThere are ways one can engage in financial engineering (is "accounting engineering" a term yet?) where despite not making a profit, you segregate a tax break, tax credit, charitable deduction, etc. into some other entity and then can sell that off as an asset that some other business that is making a profit buys and writes off against its own profits.
- nozzlegear 5mo agoAnthropic profits from the PR, for one. And they likely hook these institutions on their products in the long term, for two – much like I was "stuck" on Azure until recently, thanks to their free startup credits pointing me to it a decade ago.