michaelni at gmx.at
Sat Jan 26 02:16:41 CET 2013
On Fri, Jan 25, 2013 at 01:27:56PM -0700, Roger Pack wrote:
> On 12/1/12, Michael Niedermayer <michaelni at gmx.at> wrote:
> > On Sat, Dec 01, 2012 at 11:35:47AM -0700, Roger Pack wrote:
> >> >> Could you have a private company collect paypal, etc... donations and
> >> >> then
> >> >> make the direct payments to your official account?
> >> >
> >> > do you know / have someone in mind who is trustworthy and would do
> >> > that for us ?
> >> Maybe setup a 'dummy' paypal account for this purpose?
> > I assume a paypal account has to be associated with a person or
> > legal entity.
> > The problem is that person will have to pay taxes for it.
> > If iam not wrong on these above assumtations then we need someone
> > or a company which is trustworthy, willing and able to setup and
> > have such a (dummy) paypal account and able to transfer the money
> > from there to SPI without a tax hit.
> I could help if you need a "middleman" US legal entity (assuming you
> trust me LOL).
> If the money I receive is just donated to SPI then it appears (here in
> the US) basically I count it as income, and then I count the donation
> to SPI (of the same amount) as tax deductible, so it comes out a wash,
> and I don't even need to report it (i.e. it was never real income).
as far as iam concerned, sounds good to me
Michael GnuPG fingerprint: 9FF2128B147EF6730BADF133611EC787040B0FAB
No great genius has ever existed without some touch of madness. -- Aristotle
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