Missing the point - Re: Tax-deductability of donation in Europe
andy_offsite at cyberware.co.uk
Mon Dec 18 22:20:35 UTC 2000
I think we are in danger of missing the point here. It is good to make tax
free donations possible but we should not design the organisation around
this aim. It FSF-Europe is incorporated in any member state within the EU
then it can issue invoices for contributions. This should satisfy corporate
donors who have to justify the expenses to their accountants. If FSF-Europe
exceeds the VAT threshold then VAT can be reclaimed by donating companies.
On the other hand 'gifts' do not represent 'taxable sales' so there may be
no VAT/TVA/FPA liability anyway - Lets just ask an accountant in whatever
state we want to set the organisation up in first, we can always create
additional country based organisations later.
If we can find a way of making all donations tax deductible for individuals
- great, but lets not get overly hung up over the issue. If I remember
right Greenpeace are not registered as a UK charity because that would put
severe constraints on their ability to operate in the political arena and
charitable organisations are the only way that individual persons can
The important thing is to get started and provide a focus for future
developments. If the original organisation proves to be restricted or
unsuitable in some form then it is easy enough to wind it up and transfer
the assets to the successor.
I am willing to do whatever is most helpful to FSF-Europe, my problem is
trying to work out what that is...
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