[WikiEN-l] LA Times article / Advertising in Wikipedia
David Goodman
dgoodmanny at gmail.com
Tue Mar 11 03:20:50 UTC 2008
There's a fifth reason: our employment of fair use material depends to
a certain extent on our non-profit status: of the 4 factors
determining the permissibility of fair use in US copyright, one of
them is the profit/non-profit status of the use.
On Mon, Mar 10, 2008 at 9:09 PM, Geoffrey Plourde <geo.plrd at yahoo.com> wrote:
> I can think of several reasons why the Foundation remains a non profit. If we switched to a Corporation, this would;
>
> 1) Remove tax deductible status (Think taxation, big time)
> 2) Undermine crediblity as a free compendium of knowledge
> 3) Create a big legal mess. WF would have to define stockholders which would disenfranchise several million users. In addition, these new stockholders would have a tax mess on their hands.
> 4) Open us up to SEC scrutiny
>
>
>
> ----- Original Message ----
> From: Tony Sidaway <tonysidaway at gmail.com>
> To: English Wikipedia <wikien-l at lists.wikimedia.org>
>
> Sent: Monday, March 10, 2008 5:48:50 PM
> Subject: Re: [WikiEN-l] LA Times article / Advertising in Wikipedia
>
>
>
> On 11/03/2008, Geoffrey Plourde <geo.plrd at yahoo.com> wrote:
> > Ads detract from the objectivity. Also, it could lead to a pain with the IRS.
>
> If you don't read the ad (we're talking about google-style ads here, I
> imagine) it cannot have any effect on objectivity.
>
> I don't know about the tax situation, but there's no reason in
> principle why Wikimedia (or a successor organisation) should remain
> subject to not-for-profit rules. Google is a corporation but the IRS
> doesn't seem to have killed it yet. Transition to commercial status
> might be a bit weird, but it's doable because the content is all under
> the GFDL.
>
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--
David Goodman, Ph.D, M.L.S.
http://en.wikipedia.org/wiki/User_talk:DGG
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