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Why can’t Canadian associates take a tax deduction?

April 26, 2017Associates Canadian tax deduction

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Why can’t Canadian associates take a tax deduction?

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Canadian tax law does not permit tax deductions for contributions to private charities. Because Michaels CARES limits its grants to Michaels associates, we do not qualify in Canada for that distinction. We decided that we would rather dedicate our associates’ donations to our own people. We think our Canadian associates would agree with this plan!