"Nigel Titley" wrote the following on 16/07/2012 11:02:
On 14/07/2012 09:22, LeaderTelecom Ltd. wrote:
Dear Nigel,
This will immediately cause a rise in the cost of running the RIPE as we will be liable for Dutch corporation tax. Up until now the membership hasn't wanted this.
Yes, but if profit will be near 0, then Dutch corporation tax will be 20% * 0 euro = 0 euro.
Lets see RIPE Budget for 2011 year. Profit 1 023 kEUR. Corporate tax: 25% (while profit >200kEUR). It is 256 kEUR. Total income: 18 550 kEUR. So real corporate tax is only 1,38% from our Income.
The main Value which get any LIR from RIPE are IP adresses. So price must be depend from count of IPs. Most of members pay too high price in case when RIPE has non profit status. May be make sense to develop second budget and charging scheme in case when RIPE will be switch status from non profit to profit Organisation?
Perfectly happy to do this, but members have in the past indicated that they want to retain not-for-profit and the special tax status.
Certainly this member does. We can discuss, at length, how we all think the Dutch government *might* interpret things, but I'm in favour of certainty (or as much certainty as possible) when it comes to very large sums of money. Brian -- Brian Nisbet, Network Operations Manager HEAnet Limited, Ireland's Education and Research Network 1st Floor, 5 George's Dock, IFSC, Dublin 1 Registered in Ireland, no 275301 tel: +35316609040 fax: +35316603666 web: http://www.heanet.ie/