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by gruez 740 days ago
Presumably he means you can use company funds to donate to a pro-pesticide charity/NGO, and then use that donation to claim a tax credit (around 50%, subject to some limits). It's not really a "heads I win tails you lose" situation though. If you donate $100k, and claim the tax credits, you're still out $50k. You might get back more than $50k worth of monetary benefits from whatever the NGO/charity does, but that's not really guaranteed. It's like buying some junk on wish.com with a 50% coupon and saying that it's a "heads I win tails you lose" because if it turns out to be not junk, then you win, but if it's shit you still saved 50%. A far more straightforward and honest way of describing it would just be to say that they get a discount on their charity spend.
1 comments

That's also money you're spending out of your "profit" instead of netting it off as an expense, so it's really a fairly minor discount on pre-allocating money over a multi-year horizon for purposes that can be structured as a charity.