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Jim Henderson wrote:
> There's no guarantee he'd need to pay income tax on it. I don't know
> what the tax law is in Australia, but here in the US, you can register as
> a nonprofit organization. I suspect you can in Australia as well.
That's probably pretty expensive right there. :-)
> But if the contributions are low enough, they're not taxable anyways. I
> know this is the case in the US - income < $600 doesn't have to be
> reported (I collected about $50 last year in book royalties).
Note that "doesn't need to be reported" != "not taxable".
> Financing development isn't really the issue, I think. It's that Saul
> would like to give back in some way. I think the sentiment is a good one
> with any "free" development effort.
A fund to help pay hosting fees, or against rainy days like the server
dying, would seem to be reasonable. I don't know that there's any
reasonable way to split up donations directly to the contributors.
--
Darren New, San Diego CA, USA (PST)
There's no CD like OCD, there's no CD I knoooow!
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