Re: European bank account for donations

[Luc Pionchon <pionchon luc gmail com>]

On Fri, Mar 9, 2012 at 22:36, Brian Cameron <brian cameron oracle com> wrote:
>
> Are any of GNOME's 3 sister organizations that have bank accounts in
> Europe a tax free charity currently?

About French associations tax law, in a nutshell:

GNOME-FR is a non-profit organization, so called "association loi
1901". As a non-profit organization, it is tax free. I am not sure
what you mean by "charity" and how it translates into French fiscal
system.

There are some situations where "associations loi 1901 " would have to
pay taxes, like when competing against commercial organizations, or
working exclusively for commercial organizations, etc. basically when
the non-profit aspect becomes questionable. This is not the case of
GNOME-FR today.

If the organization is of general interest, there is a possibility for
people paying taxes in France to deduct from their own taxes a portion
of their donations. I don't know if GNOME-FR made the request. I think
it would qualify. To be confirmed.

About the rules to transfer money to or from a US organization (the
GNOME foundation), I don't know. I asked to one of my brothers.



> If not, then are we in a position
> to meet requirements and set one up?
>
> We need to better understand the tax implications. I do not think it
> makes sense for The GNOME Foundation to use European banks if the tax
> burdens outweigh the expense of bank transfers.  What are the tax
> implications?
>
> I think The GNOME Foundation would be excited to see any serious
> proposal that explains a plan and describes what sort of savings The
> GNOME Foundation should expect by doing this.
>
> Brian
>
>
>
> On 03/ 9/12 09:39 AM, Joaquim Rocha wrote:
>>
>> On 03/09/2012 12:27 PM, Dave Neary wrote:
>>>
>>> GNOME has at least 3 sister organisations, with bank accounts, in the
>>> EU: GNOME Hispanic, GNOME-fr and GNOME Deutschland eV.
>>
>>
>> It's actually GNOME Hispano.
>>
>>> Why not create some kind of official relationship with one or more of
>>> them?
>>
>>
>> I think this is a good idea. This relationship could be based on trust
>> instead of creating yet another organ, with all the bureaucracy it often
>> involves.
>>
>> The groups could receive "generic" donations that would be tight to the
>> GNOME Foundation instead of the local "branches" and whenever the money
>> needed to be used in Europe, it would be used from them.
>>
>> --
>> Joaquim Rocha
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>
>
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