Comment on Apple announces bug bounty programparentComments−et-al10ySmart move. That's not too shabby of a tax deduction.−paulcole10yI don't understand how the deduction from giving X to a researcher and X to a charity is smarter than just giving X to the researcher?−NhanH10yTax deduction for the researcher, not Apple (note the original GP was about "altruistic / independently wealthy researchers").−mkagenius10yHows donation of X for tax savings is better than 0.6X income?−0xmohit10yIt is meant to encourage donations to non-profits which is something pretty good that corporates could do.So it effectively reduces to what you'd prefer: 0.6X for yourself, or 2X for a non-profit that you want to support.
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Smart move. That's not too shabby of a tax deduction.
I don't understand how the deduction from giving X to a researcher and X to a charity is smarter than just giving X to the researcher?
Tax deduction for the researcher, not Apple (note the original GP was about "altruistic / independently wealthy researchers").
Hows donation of X for tax savings is better than 0.6X income?
It is meant to encourage donations to non-profits which is something pretty good that corporates could do.
So it effectively reduces to what you'd prefer: 0.6X for yourself, or 2X for a non-profit that you want to support.