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yreg 2 hours ago

Who profits from that deduction and how?

nozzlegear 2 hours ago | parent | next [-]

Anthropic profits from the PR, for one. And they likely hook these institutions on their products in the long term, for two – much like I was "stuck" on Azure until recently, thanks to their free startup credits pointing me to it a decade ago.

2 hours ago | parent | prev | next [-]
[deleted]
mikepurvis 2 hours ago | parent | prev [-]

One assumes Anthropic given it's them doing the donating, but you also have to be actually making a profit to be paying tax.

trollbridge 2 hours ago | parent [-]

There are ways one can engage in financial engineering (is "accounting engineering" a term yet?) where despite not making a profit, you segregate a tax break, tax credit, charitable deduction, etc. into some other entity and then can sell that off as an asset that some other business that is making a profit buys and writes off against its own profits.