[WikiEN-l] Print edition

Jimmy Wales jwales at bomis.com
Thu Feb 26 21:14:32 UTC 2004


It should be no problem.  Any revenue from the book sales would be
taxable as unrelated business income.  I'll get specific guidance
before doing anything, though.

Caroline Ford wrote:

> Jimmy Wales wrote:
> 
> >But what makes more sense for us, and for a publisher I think, is for
> >
> >us to use this to "prove" our quality by going to print, under the
> >Wikipedia name.  And for that we probably want to do as much of the
> >work as we can.
> >
> >--Jimbo
> >
> >_______________________________________________
> > 
> >
> 
> We need to check how this affects our not-for-profit status.
> I guess that the plan would be for the wikimedia foundation to get some 
> sort of profit share? In the UK this could count as primary purpose 
> trading under UK Charity Law (depending on what the objects of the 
> charity were) - and would be legal. In some cases a trading company 
> would have to be set up.
> 
> I know _nothing_ about US not-for-profit law - I just thought I'd flag 
> it as a potential issue.
> 
> Caroline
> 
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