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/  Forum Index
   /  General Technology (No Console Threads)
      /  Momentum PPC 970 eval board
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PosterThread
billt 
Re: Momentum PPC 970 eval board
Posted on 19-Nov-2004 20:51:32
#1 ]
Elite Member
Joined: 24-Oct-2003
Posts: 3205
From: Maryland, USA

Finally made it through all the posts onthis site. Whew! I do have one last question before I decide to reserve part of myu next paycheck for a donation. What is the legal situation of these donations right now? I don't know the business or non-profit regulations or tax regulations in your country... But here in the USA, without a business or non-profit organization registered with the appropriate government agencies, these donations here would be gonsidered personal taxable income. Are the donations currently protected from income tax claims by your government by a non-profit or business entity receiving/holding them, or are you personally receiving these funds at the moment? This can be an important issue to make sure is dealt with to maximize the amount of money donated actually being available for use on the dev board, and minimize taxation... For all I know your tax and other related laws in this situation are very very different than what I'd have to deal with if I was doing this same thing here in USA, but I think all of us would like everything to be legit and have the money donated protected by any laws meant to protect such types of funds.

_________________
All glory to the Hypnotoad!

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Replies
SubjectPosterDate
      Re: Momentum PPC 970 eval boarddigitaldisaster22-Nov-2004 18:55:00
          Re: Momentum PPC 970 eval boardherewegoagain22-Nov-2004 19:38:19
              Re: Momentum PPC 970 eval boarddigitaldisaster22-Nov-2004 22:41:01
                  Re: Momentum PPC 970 eval boardThe_Editor22-Nov-2004 22:47:09
                      Re: Momentum PPC 970 eval boarddigitaldisaster22-Nov-2004 23:02:47



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