<div dir="ltr"><div><div><div><div><div>Please correct me if am wrong.<br></div>I did appreciate so far the efforts of the founding fathers. After 16years we need to see a larger picture.<br><br></div>The EC has certain tasks and the treasurer also do, all these years.Has anyone held the position of voting and non-voting? If yes fine, if no Why?<br><br></div>Then the bye-laws should be review to reflect the reality of time and the incorporation be vigorously followed as we have migrated to be a more Global entity. <br><br></div>In any case lets see how it works out, for a smooth take off.<br><br></div>My 50cents.<br></div><div class="gmail_extra"><br clear="all"><div><div class="gmail_signature"><div dir="ltr">Sonigitu Ekpe <br><br>Mobile +234 805 0232 469 Office + 234 802 751 0179 <br> "LIFE is all about love and thanksgiving" <br><br></div></div></div>
<br><div class="gmail_quote">On Sun, Nov 8, 2015 at 4:07 PM, David Cake <span dir="ltr"><<a href="mailto:dave@difference.com.au" target="_blank">dave@difference.com.au</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">Personally, I find the US banking system difficult to deal with, and I’d be happy to move away from it. I agree with Milton that we shouldn’t move away from the US system for sy,folic reasons, only to a specific alternative that will definitely make things easier. I think I am just more inclined to think that a change to another jurisdiction is likely to be an improvement. I certainly trust Milton to perform treasury and EC tasks and to make well considered decisions about them, and support him for the EC.<br>
<span class="HOEnZb"><font color="#888888"><br>
David<br>
</font></span><div class="HOEnZb"><div class="h5"><br>
> On 7 Nov 2015, at 8:18 PM, Mueller, Milton L <<a href="mailto:milton@gatech.edu">milton@gatech.edu</a>> wrote:<br>
><br>
> Tapani:<br>
><br>
>> I have heard horror stories of US banking system before, but it did not occur<br>
>> to me it could actually be so bad that you can't share a bank account with<br>
>> someone in another state.<br>
><br>
> I don't think the US is that different from anywhere else in this regard.<br>
><br>
>> It might be worth considering incorporating NCUC in some easier jurisdiction.<br>
><br>
> ;-) this sounds like the IANA debate. These kinds of comments are completely unhelpful unless you know of a specific jurisdiction and one knows a lot about the legal properties of that state and how it differs/is better/is worse than the current one. E.g., see below<br>
><br>
>> What do you think of a non-US jurisdiction for incorporating NCSG, and of<br>
>> Estonia in particular?<br>
><br>
> It sounds like a great idea, a transnational corporate identity - you probably know enough about my views to know that I like that. But the devil is in the details. That would have to be explored carefully.<br>
> E.g., did you read this?<br>
><br>
> "Establishing an Estonian bank account currently requires one in-person meeting at the bank, and is at the sole discretion of our banking partners."<br>
><br>
> And this:<br>
><br>
> "e-Residency does not automatically establish tax residency. To learn about taxation and to avoid double taxation please consult a tax professional."<br>
><br>
> Also, tax-exempt status for donations would be important, so we might still have to get 501 3 C if we wanted to get donations from certain people.<br>
><br>
> So, my only campaign promise to you is this:<br>
> 1. I will help do the homework. If Estonia e-residency is the best for us, we will do it<br>
> 2. On the whole, I am completely uninterested in any symbolic statements about leaving the US for the sake of leaving the US. As Treasurer and as former NCUC chair and GNSO Council member, I am deeply aware of the practical aspects of administering the constituency and am only interested in making that easier, better, more productive.<br>
><br>
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