Re: facilitating donations
Philip Blundell <pb@nexus.co.uk> writes:
> On Fri, 2002-02-01 at 17:26, John H. Robinson, IV wrote:
> > the hard part, or potentially legally sticking point, would be to make
> > points of contact within each country. i have no knowledge of such
> > things, so i can't even begin to imagine how such a thing would be.
> > would it be one Global Organisation, or a bunch of loosley knit
> > coöperating organisations, all with the same name? i don't know.
>
> Well, it would certainly be possible to set up a company in each country
> with its stock wholly owned by SPI Inc. Then, at least in theory, the
> SPI board would be able to set policy at some high level, and leave the
> day-to-day administration up to the discretion of the subsidiary's
> directors.
I don't think a company will work very well in some countries (like
Sweden). You will be taxed like one, and if your company doesn't do
right, you will be taxed quite much (but if you invests a lot in the
company, you will get low taxes. Which means "the money has to work")
So a solution for each country should (and have to) be worked out
separately. And the goals for those organisations should be set, but
not the means(sp?).
[...]
/Jackson
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