On 03/31/2015 03:36 PM, Erik Bray wrote:
One thing I'm wondering is, under this program, how a "for-profit
corporation" is defined. I have absolutely no clue about corporate
law so maybe this is very simple. However, I for one would consider
something like Johns Hopkins University a for-profit corporation (no
matter how it presents itself otherwise). Or Harvard for that matter.
At the same time, I don't feel that way necessarily if an individual
department in the university with a limited training budget is the
host. So, I'm a little confused. But maybe that's just me.
I think the best way to handle this is to rely on the official tax
status of the organization in the organizations home country. So, in the
US, they would need to be a 501(c) organization
https://en.wikipedia.org/wiki/501%28c%29_organization (typically
501(c)(3)), which almost all universities are.
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