Expired Hot Deals

[Altitude Sports] Get $30 Credit at Altitude Sports for Donating $15 to Alti Action Campaign

  • Last Updated:
  • Oct 30th, 2017 3:24 pm
Sr. Member
Oct 7, 2008
790 posts
100 upvotes
Hattie917 wrote:
Oct 21st, 2017 8:11 am
Eligible amount of gift

This is the amount by which the fair market value of the gifted property exceeds the amount of any advantage received or receivable as a result of the gift. This is the amount for which a qualified donee can issue a receipt.

For example, a donation of $1,000 is made to the Anytown Ballet Company, which is a registered charity. In gratitude, the charity gives the donor three tickets to a show that are valued at a total of $150. The donor is considered to have received an advantage of $150. Therefore, the eligible amount of the gift is $850 ($1,000 - $150).

I am confused. In this case, donate $15 and get $30 credit. Do I need to input an negative amount in the tax return?
sounds like you would owe taxes if you claimed it, i.e. you "made" money. But prolly not.
Deal Addict
User avatar
Dec 10, 2006
2085 posts
1125 upvotes
Toronto
Can altidollars be used at The Last Hunt? NVM - just hot a reply from them - no, they cannot
Deal Addict
User avatar
Sep 3, 2012
1586 posts
418 upvotes
TO
There is no tax on the 15$ donation, but the 30$ credit comes off the after-tax total of your next order.

So it's: pay 15$ (no tax) to get a 26.10$ coupon (before tax). Not a huge difference, but worth mentioning.
Wins
2015: 69.99$
Deal Addict
Dec 6, 2002
2764 posts
691 upvotes
Vancouver
TheWalrus wrote:
Oct 21st, 2017 2:18 pm
There is no tax on the 15$ donation, but the 30$ credit comes off the after-tax total of your next order.

So it's: pay 15$ (no tax) to get a 26.10$ coupon (before tax). Not a huge difference, but worth mentioning.
Not quite right...

Example on $100 item;
$100+13% tax = $113. Pay $113 cash/credit
$100+13% tax = $113 minus $30 credit. Pay $83 cash/credit. Save $30.

Ron.
Deal Addict
User avatar
Sep 3, 2012
1586 posts
418 upvotes
TO
newfbc wrote:
Oct 21st, 2017 3:07 pm
Not quite right...

Example on $100 item;
$100+13% tax = $113. Pay $113 cash/credit
$100+13% tax = $113 minus $30 credit. Pay $83 cash/credit. Save $30.

Ron.
We're essentially saying the same thing :) But from the way things usually work, people talk about prices before tax. In the case of this promo, you are paying 15$ before tax to get a 30$ credit after tax. I would have expected to either get charged tax on the 15$ and get a 30$ + tax coupon or not get charged tax on the 15$ and get a 30$ before tax coupon.

That's how Amazon does it for example, when you buy a X$ gift card you're not charged tax and the gift card amount is applied to the pre-tax amount once you apply the gift card to an order.
Wins
2015: 69.99$
Sr. Member
Mar 25, 2006
944 posts
139 upvotes
Toronto
Thanks OP. I purchased the membership.

I wish the membership was good for their discount site TheLastHunt :)
Sr. Member
Mar 25, 2006
944 posts
139 upvotes
Toronto
TheWalrus wrote:
Oct 21st, 2017 3:27 pm
That's how Amazon does it for example, when you buy a X$ gift card you're not charged tax and the gift card amount is applied to the pre-tax amount once you apply the gift card to an order.
are you sure? usually when purchasing gift card you don't pay any taxes, and when using the gift card, the gift card value is similar to cash payment and it would be deducted from total after tax.
Deal Addict
User avatar
Sep 3, 2012
1586 posts
418 upvotes
TO
bingo_jake wrote:
Oct 21st, 2017 4:57 pm
are you sure? usually when purchasing gift card you don't pay any taxes, and when using the gift card, the gift card value is similar to cash payment and it would be deducted from total after tax.
I guess it depends on the store. It would be nice if it's what you're saying because it essentially would make anything bought with GC tax-free.
Wins
2015: 69.99$
Deal Addict
User avatar
Sep 18, 2003
1598 posts
132 upvotes
Winnipeg
TheWalrus wrote:
Oct 21st, 2017 11:17 pm
I guess it depends on the store. It would be nice if it's what you're saying because it essentially would make anything bought with GC tax-free.
Some coupons are entered pre tax.
Amazon calculates the charge then applies the gift card to the balance. Tax isn't charged on a gift card itself (shouldn't, unless there's an error) and acts pretty much as cash at the store.

If that was a loophole to not pay tax, I'm sure RFD would blow up.
Deal Expert
User avatar
Apr 21, 2004
41518 posts
10205 upvotes
Just got an email offering me $10 credit (expires in 90 days) to review my $15 donation.

$15 to get $40 is a pretty awesome deal.
[OP]
Sr. Member
Nov 1, 2003
634 posts
99 upvotes
alanbrenton wrote:
Oct 26th, 2017 10:00 am
Just got an email offering me $10 credit (expires in 90 days) to review my $15 donation.

$15 to get $40 is a pretty awesome deal.
I did the review and already got my credit. After checking my credits, I realized I just let a forgotten $16 credit expire in Sept, and I actually had something to buy!
Deal Expert
User avatar
Apr 21, 2004
41518 posts
10205 upvotes
GPS wrote:
Oct 26th, 2017 10:57 pm
I did the review and already got my credit. After checking my credits, I realized I just let a forgotten $16 credit expire in Sept, and I actually had something to buy!
Ask customer service nicely and they may be able to give you the credit back. They did for me a few weeks ago.

I got to do a review on one other item I purchased that week so $20 credit is a nice bonus. :)
[OP]
Sr. Member
Nov 1, 2003
634 posts
99 upvotes
alanbrenton wrote:
Oct 26th, 2017 11:02 pm
Ask customer service nicely and they may be able to give you the credit back. They did for me a few weeks ago.

I got to do a review on one other item I purchased that week so $20 credit is a nice bonus. :)
Thank you so much. I did call and after some begging, they did reinstate the expired credit.
Member
Jul 25, 2015
414 posts
179 upvotes
Ottawa, ON
I used my credits which expire next month to purchase this.

Win Win

Top