"charity donations"

[kit_cebu]

---

look at these billionaires giving away their money to charitable institutions.........their charitable institutions..... nice..............

i missed the giving away part here when it is given to "their own" foundation.............

the-forbes-400.html: Personal Finance News from Yahoo! Finance

ug hindi magpa-uwahi ang atong fellow cebuano.....

John Gokongwei Jr. | Sonnie's Porch

ug si Jackie Chan pod.....BUT naa na siya charitable works before he founded one....

Jackie Chan's Charity Work, Events and Causes
Charity Work - The Official Website of Jackie Chan




are they charitable or just avoiding taxes?!?!?!?!??!?!?

[peewee_toot]

it depends... but pwede pd baya nga mo likay sa tax...

[emow]

both cguro...

[Tirong-say]

It's not a fix income,
depende ra gyud na siya sa kinaluoy and the capacity to
give and somehow not really compulsory, it should not be taxed.

[yowenn]

dako jud ug save sa tax...

[necrotic freak]

maayo nalang ni sila kay sa uban, likay pa sa tax wala pa jud charity.

[anjerika]

i don't know if i can call it both.



when you are able to dodge taxes, you are able to give more for a charity.


these rich people maybe don't know where else to spend their money to so they give to charity haha


one rich friend of mine told me the way he earns bigger and bigger income is by giving more money away

[necrotic freak]

sa tinuodanay lang mao jud ni secreto sa mga billionaryo nganong dili jud sila undangan sa grasya..

[rescyth]

lol...actually it is much better to give to charity kaysa ma tax-san ka ug full amount, kay during tax season, all charitable expenses are tax deductible and because of that you are the one getting paid by the government as tax refund. It's hitting 2 birds with one stone ang engon ana na deal.

[miyay]

i think they are being charitable. and tax avoidance is just icing on the cake. i wonder if we, ordinary employees, can also have our charitable donations as tax deductibles?