This. It’s illegal for them to take the deduction. The only way they could is if they claimed your donation as income then claimed it as a deduction, which would get them nowhere.
I’m not saying trust big companies, but on the checkout charity things I think the risk far outweighs the reward for them to cheat.
One thing I do wonder about is if they put the donated money into an account and collect interest on it before donating it. I’ve never been able to find an answer to that, but I suspect it’s the same. Big risk, little reward.
It was very dodgy for a while, like Woolies owned the charity you were donating to, and the name was weird too. Basically “give us extra money and we might give homeless people our expired food items instead of throwing them in the trash” so you’re paying them to deal with their own waste. But the name was like, Support Local Farmers or something I don’t remember. Then they tightened the laws, and now it’s only moderately dodgy because that money isn’t separated out properly and only a percentage of it ends up going to the charity. That’s the last I heard of it in Australia at least.
It would be better if, af the very least, they matched the amount. Even so, people shopping at Walmart are not, middle of the bell curve, people who afford to donate.
The ideal option would be just donating. The Waltons are worth $423billion, together, last check. They could probably end hunger in the US if they wanted to.
And fuck them for taking my money, donating it, and taking the tax write off themselves
Edit: the CPA cartel has notified me this indeed fake news. I think the book cookers are in this thread
I’ve been told that’s not how it works. Mostly because you donated it, so it’s your write off. I don’t know though.
This. It’s illegal for them to take the deduction. The only way they could is if they claimed your donation as income then claimed it as a deduction, which would get them nowhere.
I’m not saying trust big companies, but on the checkout charity things I think the risk far outweighs the reward for them to cheat.
One thing I do wonder about is if they put the donated money into an account and collect interest on it before donating it. I’ve never been able to find an answer to that, but I suspect it’s the same. Big risk, little reward.
It was very dodgy for a while, like Woolies owned the charity you were donating to, and the name was weird too. Basically “give us extra money and we might give homeless people our expired food items instead of throwing them in the trash” so you’re paying them to deal with their own waste. But the name was like, Support Local Farmers or something I don’t remember. Then they tightened the laws, and now it’s only moderately dodgy because that money isn’t separated out properly and only a percentage of it ends up going to the charity. That’s the last I heard of it in Australia at least.
I would hope so, do they provide a tax receipt at the end of the transaction?
If you ask for a receipt, yeah.
That’s not how write offs work…
It would be better if, af the very least, they matched the amount. Even so, people shopping at Walmart are not, middle of the bell curve, people who afford to donate.
The ideal option would be just donating. The Waltons are worth $423billion, together, last check. They could probably end hunger in the US if they wanted to.