> I think it's the reserves they are worried about - these might be
> retained profits and subject to corpo tax.

Extra reserves can be returned to members as it was in 2008. 

-- 
Alexey Ivanov
LeaderTelecom Ltd.


25.07.2012 15:16 - Sascha Luck написал(а):
On Wed, Jul 25, 2012 at 11:37:01AM +0100, Flipside Data Network Operations wrote:

>Surely RIPE would only pay tax on profits anyway, and as a member
>organisation, shouldn't the income more or less match expenditure
>meaning little profit to tax?

I think it's the reserves they are worried about - these might be
retained profits and subject to corpo tax.

rgds,
Sascha Luck

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