Some really good ideas there. The last paragraph is particularly interesting. Because, indeed, my idea is that this should be absolutely a last-resort scenario, and so, while I too would struggle to find a justification for this, it is the kind of scheme that would fit well.
Your second paragraph is the key challenge. All i can say is that I haven’t investigated this in depth, especially since I’m not only not a tax-expert, but also not US-based, and this point would be different in every country. But I believe that it’s not an impossibly difficult calculation to figure out a way to ensure this, the challenge might be just in convincing anyone to add even more complexity to the tax-laws.
Really appreciate your thoughtful input and ideas!
One note of encouragement: for EA at present, the bulk of donations come from a few countries, so you could get the bulk of expected impact by making the scheme work in only those few countries.
Thanks Jason,
Some really good ideas there. The last paragraph is particularly interesting. Because, indeed, my idea is that this should be absolutely a last-resort scenario, and so, while I too would struggle to find a justification for this, it is the kind of scheme that would fit well.
Your second paragraph is the key challenge. All i can say is that I haven’t investigated this in depth, especially since I’m not only not a tax-expert, but also not US-based, and this point would be different in every country. But I believe that it’s not an impossibly difficult calculation to figure out a way to ensure this, the challenge might be just in convincing anyone to add even more complexity to the tax-laws.
Really appreciate your thoughtful input and ideas!
Cheers
Denis
One note of encouragement: for EA at present, the bulk of donations come from a few countries, so you could get the bulk of expected impact by making the scheme work in only those few countries.