[Ccwg-auctionproceeds] New Deadline - 26 July 2019 - input on updated draft Final Report and outstanding questions

[Elliot Noss]

+1. I feel this hydra keeps coming back.

> On Jul 25, 2019, at 1:35 AM, John Levine <johnl at taugh.com> wrote:
> 
>> Mechanism B: I presume the phrase "established at a public charity" should be "established as a public
>> charity". I do not understand why the issue of tax benefits is being raised as in our case all of the
>> money is coming form ICANN which does not pay any taxes. So it SOUNDS like a benefit but is in fact
>> meaningless in our case.
>> It should be made clear that at this point, it is not clear what parts would be outsourced and what
>> will be kept within ICANN (except the application evaluation which must be outsourced).
> 
> I believe that this is supposed to say that ICANN establishes a captive foundation as a subsidiary.
> 
> Having done exactly that at ISOC, I can say that for the CCWG's purposes, giving away a one-time pile of money, this mechanism is inferior in every way to mechanism A.  It costs more, takes longer, has a lot more bureaucratic overhead, and can do no more or no less than mechanism A. As Alan notes, it has no tax benefits.  It is a waste of everyone's time to pursue it further.
> 
> If anyone has a concrete reason why they believe this would be a good idea, and is reasonably familiar with US non-profit tax law so they understand what's involved, I would like to hear about it.
> 
> R's,
> John
> 
> PS: ISOC's situation is quite different and it makes sense for us. If anyone wants details write me privately.
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