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Perhaps we can be more actively involved with European initiatives (e.g., EU policy-making) without actually moving the XSF or creating a subsidiary or "local office". This should be explored, too. | Perhaps we can be more actively involved with European initiatives (e.g., EU policy-making) without actually moving the XSF or creating a subsidiary or "local office". This should be explored, too. | ||
= Factors to Consider = | |||
Here are some things we should think about... | |||
== Personnel == | |||
* Who will do the work in Europe? | |||
* Who cannot do the work (e.g., can only citizens of the domicile country be board members)? | |||
* What about succession planning? | |||
== Assets == | |||
This might include: | |||
* The membership roster | |||
* The foundation's name | |||
* Copyright in XEPs | |||
* Domain name(s) | |||
* Money in the bank | |||
* Anything else that can be considered valuable | |||
The U.S. Internal Revenue Service might not like it if these assets are transferred directly from a U.S. organization to a non-U.S. organization. It's possible that there are ways to avoid any problems, for example by granting or selling assets to the new organization. |
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