[NCUC-DISCUSS] Acceptance of nomination for NCUC EC

[David Cake]

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.

David

> On 7 Nov 2015, at 8:18 PM, Mueller, Milton L <milton at gatech.edu> wrote:
> 
> Tapani:
> 
>> I have heard horror stories of US banking system before, but it did not occur
>> to me it could actually be so bad that you can't share a bank account with
>> someone in another state.
> 
> I don't think the US is that different from anywhere else in this regard.
> 
>> It might be worth considering incorporating NCUC in some easier jurisdiction.
> 
> ;-) 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
> 
>> What do you think of a non-US jurisdiction for incorporating NCSG, and of
>> Estonia in particular?
> 
> 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.
> E.g., did you read this?
> 
> "Establishing an Estonian bank account currently requires one in-person meeting at the bank, and is at the sole discretion of our banking partners."
> 
> And this:
> 
> "e-Residency does not automatically establish tax residency. To learn about taxation and to avoid double taxation please consult a tax professional."
> 
> 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.
> 
> So, my only campaign promise to you is this:
> 1. I will help do the homework. If Estonia e-residency is the best for us, we will do it
> 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.
> 
> _______________________________________________
> Ncuc-discuss mailing list
> Ncuc-discuss at lists.ncuc.org
> http://lists.ncuc.org/cgi-bin/mailman/listinfo/ncuc-discuss

-------------- next part --------------
A non-text attachment was scrubbed...
Name: signature.asc
Type: application/pgp-signature
Size: 455 bytes
Desc: Message signed with OpenPGP using GPGMail
URL: <http://lists.ncuc.org/pipermail/ncuc-discuss/attachments/20151108/0851bd1f/attachment-0004.sig>