[Gllug] US Tax Laws

[t.clarke]

---------------------------------------
Message from:-
Tim Clarke  (tim at seacon.co.uk)
Seacon Holdings plc Group, London, U.K.
Telephone: +44 (0)1474 320000
      Fax: +44 (0)1474 329946
---------------------------------------

Robin wrote (effectively):

Charitable donations count in lieu of tax due.

--

Now I begin to understand.

But surely there must be some kind of limit else all US corporations would
give the equivalent of all their tax due to charities and the IRS would
get sweet F.A.  ??

Tim

-- 
Gllug mailing list  -  Gllug at linux.co.uk
http://list.ftech.net/mailman/listinfo/gllug