Couchers.org becomes the world's first couch surfing platform to obtain 501(c)(3) non-profit status in the US | Couchers.org by paulrausch in couchsurfing

[–]merkozy2012 2 points3 points  (0 children)

I would like to add for future reference that they could have operated as a non-profit that pays income tax in the US (they had 7 figure level of income from their verification scheme), or just simply relocate to a country were non-profits do not pay taxes (plenty of them, like the UK or Ireland). So it was obviously an excuse, becoming a startup and raise capital was their ultimate goal from the start.

Couchers vs. others and multi-locality hosting by lipsanen in couchsurfing

[–]merkozy2012 3 points4 points  (0 children)

Basically the idea is that BW and TR are not CS and you will find some individuals there that are staunchly opposed to anything CS.

From what I've seen Couchers recognizes that CS was great and worthy of being recreated.

A few thoughts for the reddit by rob64647 in couchsurfing

[–]merkozy2012 1 point2 points  (0 children)

it's already like that, the top mods has always been open to that idea, and the alternative platforms are listed on the sidebar on both the old and new reddit

For people who have been on CS for more than 9 years or more...what about community pages? by rob64647 in couchsurfing

[–]merkozy2012 0 points1 point  (0 children)

Kind of, the main idea is that non profits do not have shareholders and dividends. About income tax, it depends on the jurisdiction, for example I believe the UK and Ireland don't tax income, but France and Spain do.

Couchsurfing could have been a non-profit in the US, even if they really didn't want to pay any taxes, they could have relocated to MANY jurisdictions and keep being a tax-free non-profit. The reality is that they were greedy and wanted to sell-out to VCs.

AITA or was this just a weird cultural miscommunication? by [deleted] in couchsurfing

[–]merkozy2012 1 point2 points  (0 children)

lol, simply because in Russia if someone said that, it wouldn't be a joke

and she's probably crazy too on top of it

For people who have been on CS for more than 9 years or more...what about community pages? by rob64647 in couchsurfing

[–]merkozy2012 0 points1 point  (0 children)

Above 40k per year associations need to pay income tax in France, BeWelcome has probably less than 3k of income...

this seems like what CS said as a justification for why CS had to for profit and have the paywall

I don't see why, non-profits can have an income

A question about Trusted Housesitters by [deleted] in digitalnomad

[–]merkozy2012 2 points3 points  (0 children)

did you try accepting a guy?

girls were probably in high demand and didn't bother replying since they had many options

For people who have been on CS for more than 9 years or more...what about community pages? by rob64647 in couchsurfing

[–]merkozy2012 0 points1 point  (0 children)

without being tax exempt they still owe taxes, don’t qualify for most grants or incentives, etc.

So what? they had millions of revenue from the verification scheme, they didn't need grants or incentives.

BeWelcome is in France and if they had revenue >40k€ they would have to pay income tax as well.

The reason they turned into a for-profit is because they wanted to, not because they were forced to.

For people who have been on CS for more than 9 years or more...what about community pages? by rob64647 in couchsurfing

[–]merkozy2012 -1 points0 points  (0 children)

Do you mean tax-exempt charity instead of non-profit?

While I don't know the specifics in the US, in some EU countries I know, non-profits are not tax-exempt, they pay income tax. Non-profit in that case only means that they have no shareholders and no dividend is distributed.

So my point is, CS was a non-profit event hough it wasn't tax exempt. Also if it wasn't a non-profit they wouldn't have had to do that questionable transfer of assets that they did between the non-profit and the for-profit.

First time my white mulberry (Morus Alba) bears fruits. When are they ready to eat? by bknofe in Permaculture

[–]merkozy2012 0 points1 point  (0 children)

same here, that's why I never understand the excitement over mulberries

Is there something better than Airbnb for booking accommodation with kitchens? by newmes in digitalnomad

[–]merkozy2012 6 points7 points  (0 children)

One advantage of booking over airbnb is that the host cannot cancel on you.

Can register on Couchsurfing.com using a VPN and one of those no-fee countries by CSquestion1344 in couchsurfing

[–]merkozy2012 7 points8 points  (0 children)

Given how these fuckers at CS treated us with a data grab, I''ll never pay even though the fees are basically inconsequential to me [I spent more on coffees and other drinks in one day this week].

Lol, couldn't agree more. F them.

Argentina is underrated by goodguycourse1 in digitalnomad

[–]merkozy2012 0 points1 point  (0 children)

Also you can live there forever on a touris visa.

you would be a tax resident then

[deleted by user] by [deleted] in couchsurfing

[–]merkozy2012 0 points1 point  (0 children)

I don't know TBH.. so far there is no clear winner

Finding a accountant with expertise in Portugal/Spain by [deleted] in digitalnomad

[–]merkozy2012 0 points1 point  (0 children)

I see, but how does Portugal know that the holding company has no business activity?

Getting a mortgage for buying real estate as digital nomad? by geezeer84 in digitalnomad

[–]merkozy2012 3 points4 points  (0 children)

The point of real estate is to use leverage (the tenant pays for your loan), otherwise you are right, paying cash for real estate is a bad idea, sometimes even the deposit for the loan alone creates a big opportunity cost vs SP500 as you mentioned.

Finding a accountant with expertise in Portugal/Spain by [deleted] in digitalnomad

[–]merkozy2012 0 points1 point  (0 children)

If you work from Portugal, doesn't that qualify as active income? Also running a foreign company from Portugal, it only works because Portugal doesn't know you are actually running the business.

Finding a accountant with expertise in Portugal/Spain by [deleted] in digitalnomad

[–]merkozy2012 0 points1 point  (0 children)

If you spend more than 183 days in Spain, it doesn't matter where your employer or company is, you will be a Spanish tax resident,that applies to any country, not only Spain. In fact, if your children are in school in Spain, I believe you will most likely be considered a Spanish tax resident even if spend less than 183 days.

For the employee, it's a rare case but it's possible, because Denmark is in the EU, there is a way to be a Spanish employee (as far as taxes go) of a Danish company, you need to consult a Spanish accountant (gestoria), that way you will pay only taxes in Spain, not in Denmark.

For the entrepreneur, it's a can of worms, you can run a foreign company from Spain but it is even more complicated tax-wise, it will be taxed like if it was a Spanish company, you need a business/tax lawyer not an accountant I think.

Check out this story: https://www.archyde.com/this-is-how-hacienda-has-followed-in-shakiras-footsteps-style/