Capital Games Team
Can’t you just donate part of what the whales are paying you since you obviously don’t put this money to actually developing the game and testing things?
Actually you donate the money to them, then they donate the "proceeds" to the charity claiming it as a charitable donation for tax purposes.
Same as at your grocery store, or almost every other company that raises money for charity. If a third party says they're raising money for a charity, usually this is the case. Just donate to the charity directly instead.
If they have a pledge to said charity it is even worse. If you donate to them you're paying their pledge. If you donate directly to the charity, the company still has to pay the pledge, so the charity gets "double".
But I am only a corporate accountant, so what do I know.
This is a long standing myth. The law does not allow point of sale charitable donations to be included in the stores revenue for tax purposes. They allow the store to be a pass through to the charity. Actual profits and revenue donated can be a tax write off, but not the point of sale. If whoever you're working for does this, they are breaking the law. I work for a federal contractor that works directly with the IRS and have to know tax law, so what do I know.
It’s nice that my “donation” helps those in need, but I donate through this game for the free stuff, but what do I know?
