This is really a moot point, at least in the US, where Non-Profit Companies
still have to pay taxes, just like For Profit Companies. The only way to
avoid this is to become 501(c)3 compliant, which I have yet to determine how
it could be done successfully.. Tax exempt is VERY specific as to what is
allowed. Non-Profit companies do pay lower tax, which can be an advantage,
but they also do not have stock they can sell to generate funds, etc.
The only way I could really see an RPG company going NPO, and attaining Tax
Exempt status is to make ONLY educational material, and even if that is the
sole product, it would have to actually be accepted as educational material
by the target community. It will be tough, at least in the US, to pull off..
Non-Profits competing against For Profits is an equal, even battle.. not an
issue, and certainly not something the IRS is concerned with since both must
pay taxes.
-Rob Lowry
CFO of Non-Profit Int'l Online Gaming Association (NIOGA)
www.nioga.net / www.digitaladdiction.com
----- Original Message -----
From: "Damian" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Monday, May 21, 2001 10:08 AM
Subject: Re: [Ogf-l] "Shared-Source"
> From: "Margaret Vining" <[EMAIL PROTECTED]>
> > Yet, they are on the same playing field as the RPG companies who do.
>
> Okay, let's look at it this way. What do you see as a "remedy" to this
> situation? Since you seem concerned about taxable and tax-exempt status
the
> options would seem to be limited. Making companies with tax-exempt
> competition also tax-exempt (to a greater or lesser degree), or expanding
> tax liabilities to previously exempt endeavors would seem to be the only
two
> options.
>
> -Damian
>
>
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