As john describe the situation is not at risk right now and what I said is an over simplification. It was just to say that the selling of some of the address space COULD place the status in geopardy.
But most importantly, I dont think ARDC need to sell anything right now. And not into a previsible long time.
Pierre VE2PF
________________________________________ De : 44Net 44net-bounces+petem001=hotmail.com@mailman.ampr.org de la part de Bill Buhler via 44Net 44net@mailman.ampr.org Envoyé : 14 août 2021 10:35 À : 44net@mailman.ampr.org Cc : Bill Buhler Objet : Re: [44net] A new era of IPv4 Allocations : Agree - No I don't
Thanks for the honesty John, I look forward to seeing that.
Could the TAC explore the subnet classification list idea? I think it would achieve the desired goals without nearly as much community turmoil / drama.
73
Bill Buhler - AF7SJ
On 8/13/2021 11:48 AM, John Gilmore wrote:
pete M via 44Net 44net@mailman.ampr.org wrote:
But what you may not know is that by selling some space again ARDC would loose it's 501c status and would have to pay a huge taxe amount on the selling of the new block and the same on the first block as this would be seen by the IRS as its core business and not seen as a charity entity. This would totally defeat the goal of selling another block.
Don't believe the above paragraph.
The actual situation between ARDC and the IRS rules is far more complicated and interesting than what Pete describes. The loss of our 501c3 status is not at risk. We are still working out the details with our nonprofit tax lawyers. We will publish our first 990-PF (private foundation) tax return for 2020 on our website and to the 44net when we file it, and then we can talk with more certainty.
John Gilmore, W0GNU ARDC board
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