On Thu, 16 Oct 2003 at 21:46:27, Timothy Swenson wrote:
(ref: <[EMAIL PROTECTED]>)
>
>I've sort of been following the discussion of the SMSQ/E license (yet
>again).
So have I, but a great deal of the discussion seems to expand
exponentially, with each point being replied to and re-replied etc.
I simply lose track (and don't actually have the time to read and
understand everything)
> I understand the viewpoints of both sides, but I think the practical
>side is not being seen.
><snip>
>Maybe our best bet for the future is to create a non-profit for the
>future of SMSQ/E.
I haven't come across this presumably American term.
Is this a direct equivalent of a UK charity?
> Proceeds from the sale of SMSQ/E would be directed to fund further
>development. Granted TT would not be getting compensated, but he could
>feel comfortable knowing that his work is going to a good cause. A
>board could be formed with both developers and resellers. Donations
>could be made to the cause and be tax deductible.
This is certainly the case for a UK charity.
We have 'gift aid' which makes tax free gifts very easy.
In addition, for those on higher tax rates (not me (8-)# ) they can
also claim the difference in gift aid relief (20% I think) and higher
rate as a personal refund - which then can itself be donated via gift
aid.
Sounds like there are recursion possibilities here!
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