Yes it would be pretty much a requirement if we decided to incorporate in any legal structure,.
-jg
On 04/07/2016, 17:33, "NCSG-Discuss on behalf of avri doria" <[log in to unmask] on behalf of [log in to unmask]> wrote:
>Hi,
>
>If NCSG where to establish itself as membership organization, as has
>been spoken of for other reasons, could it host accounts for itself and
>its constituencies. At one point someone was talking about an Estonian
>option, but I did not really follow the discussion.
>
>
>avri
>
>
>
>On 04-Jul-16 09:39, Sam Lanfranco wrote:
>> Shane,
>>
>> Your "stupid question" comes only a couple of days after I could claim
>> ownership of the same "stupid question".
>> On 7/4/2016 7:32 AM, Shane Kerr wrote:
>>> Shane writes: Probably a stupid question, but that rarely stopped me from asking
>>> before... Question: /Why do we need an independent account? ////W//hy can't ICANN set up an account for the NCSG and/or NCUC?/
>> Here is a very short version of the answer as I understand it.
>> Constituency groups are Chartered within ICANN, but they are
>> organizationally independent and not formally accountable to ICANN in
>> terms of how they run themselves. Independent of the ICANN expenses of
>> administering such small accounts, maintaining the accounts apparently
>> may expose ICANN to legal requirements, especially if the constituency
>> groups also receive money from third parties. There is some evidence
>> for this in why GAC is asking ICANN to fund its secretariat. Many GAC
>> members, of course, have deep pockets, but if they contribute to the
>> funding of the GAC secretariat within ICANN, ICANN is apparently
>> required to register with the U.S. government as an "agent of a
>> foreign power". :-\
>>
>> As a result NCUC and NPOC have had to use private individual accounts,
>> since without some formal existence they have been unable to open
>> organizational accounts. That in turn apparently has exposed
>> individuals to personal taxes on income received by the private
>> account. I am trying to solve this problem for NPOC at the moment.
>>
>> Sam L. , /NCSG Finance Committee/
>>
>
>
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