<div dir="auto">@Stephanie,<div dir="auto">While I don't know the US laws on taxation, what will be the implications for taxes paid to the US government based on change possible change of status from not for profit? </div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Wed, Nov 20, 2019, 5:38 AM Stephanie Perrin <<a href="mailto:stephanie@digitaldiscretion.ca">stephanie@digitaldiscretion.ca</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div dir="auto">Those are great questions Raphaël. I agree that price caps are toast where share- holder value is not constrained by not for profit rules, and we don’t seem to have enough info yet to evaluate this. Are there other issues we have not discussed, like unfair competition and/or shadow regulation? I have no idea, just wondering out loud...<div>Stephanie Perrin<br><br><div dir="ltr">Sent from my iPhone</div><div dir="ltr"><br><blockquote type="cite">On Nov 19, 2019, at 21:03, Raphael Beauregard-Lacroix <<a href="mailto:rbeauregardlacroix@gmail.com" target="_blank" rel="noreferrer">rbeauregardlacroix@gmail.com</a>> wrote:<br><br></blockquote></div><blockquote type="cite"><div dir="ltr"><div dir="ltr">The way I understand it, there is a change of ownership as far as PIR is concerned, but it is still PIR who is the contracted party. <div><br></div><div>The only issue that may arise as far as "ICANN law" is concerned is the contractual notice provision. </div><div><br></div><div>There may be other legal issues related to US state-specific not-for-profit law. Someone mentioned that in passing in other threads, but that's somewhat outside of our remit anyway. </div><div><br></div><div>There was an understanding that .org was meant to have a broader purpose than just making money. Now it looks it is headed the same way as every other TLDs. I gather that this seems to be the most problematic issue in all the comments on the list. But was this understanding enshrined in anything beyond the previously-existing price caps? Or was it just some loose commitment by ISOC/PIR? </div><div><br></div><div>I personally doubt any commitment regarding "reasonability" of price increases, if such a commitment comes from an entity whose directors are bound by corporate law (Delaware, as it would be in that case) to maximize value (i.e. financial value) for shareholders. </div><div><br></div><div>Best,</div><div><br></div><div><br></div><div></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Tue, Nov 19, 2019 at 12:50 AM NPC SVG <<a href="mailto:npcsvg@gmail.com" target="_blank" rel="noreferrer">npcsvg@gmail.com</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div dir="auto">One of my concerns, if this sale actually takes place: How is it possible to cap any unreasonable hike in renewal cost of existing domain names. Will existing holders be given a reasonable time perhaps 5/10 years before any hike in costs?<div dir="auto"><br></div><div dir="auto">Question is, should such a sale be subject to empowered community action?<br><div dir="auto"><br><div dir="auto">NPC-VIN</div></div></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Sun, Nov 17, 2019, 18:04 Stephanie Perrin <<a href="mailto:stephanie.perrin@mail.utoronto.ca" target="_blank" rel="noreferrer">stephanie.perrin@mail.utoronto.ca</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">
<div>
<p><font size="+1"><font face="Lucida Grande">I think there have been many questions raised about this situation on our list. Do members wish to do something concrete, and if so, what? I feel somewhat constrained as I am a delegated representative for NCSG
on the PIR Advisory Board. Unfortunately I had to miss a big meeting of the Advisory Board in Washington DC recently, but I gather this sale was not discussed there at the meeting so I did not miss any advance notice of this.</font></font></p>
<p><font size="+1"><font face="Lucida Grande">I am not sure that a letter expressing our concerns would make an impact, but I am happy to draft and convey such a letter if members think it would be a good idea.</font></font></p>
<p><font size="+1"><font face="Lucida Grande">Regards</font></font></p>
<p><font size="+1"><font face="Lucida Grande">Stephanie Perrin</font></font><br>
</p>
<div>On 2019-11-16 07:52, Caleb Olumuyiwa Ogundele wrote:<br>
</div>
<blockquote type="cite">
<div dir="auto">Obviously, you read my line of thought before I reposted that email.
<div dir="auto">However, at this point, fingers crossed. 🤞🤞🤞</div>
</div>
<br>
<div class="gmail_quote">
<div dir="ltr" class="gmail_attr">On Sat, Nov 16, 2019, 12:46 PM dorothy g <<a href="mailto:dgdorothydg@gmail.com" rel="noreferrer noreferrer" target="_blank">dgdorothydg@gmail.com</a>> wrote:<br>
</div>
<blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">
<div dir="ltr">
<div class="gmail_default" style="font-size:small">I would have been surprised if he had said anything different. I know you did not feel reassured by this statement. In terms of what is widely accepted as good governance, there are many wrong things about
this deal regardless of the eventual pricing implications.' Reasonably' priced is open to vast differences in interpretation. What is reasonable for a multi-millionaire who made it selling domains is not the same for an NGO with problems making payroll for
its two staff. Also notice I did not say the deal is illegal. I do not have the right skills to make such an assessment but it does warrant some fresh thinking about what would constitute a robust regulatory framework and in my view may cause people to look
at ISOC very differently as we go forward.</div>
<div class="gmail_default" style="font-size:small"><br>
</div>
<div class="gmail_default" style="font-size:small">best regards</div>
<div class="gmail_default" style="font-size:small"><br>
</div>
<div class="gmail_default" style="font-size:small"><br>
</div>
</div>
<br>
<div class="gmail_quote">
<div dir="ltr" class="gmail_attr">On Sat, Nov 16, 2019 at 12:06 PM Caleb Olumuyiwa Ogundele <<a href="mailto:muyiwacaleb@gmail.com" rel="noreferrer noreferrer noreferrer" target="_blank">muyiwacaleb@gmail.com</a>> wrote:<br>
</div>
<blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">
<div dir="auto">
<div>So I asked ISOC CEO above the .ORG pricing. Find his response below. <br>
<br>
<div class="gmail_quote">
<div dir="ltr" class="gmail_attr">---------- Forwarded message ---------<br>
From: <strong class="gmail_sendername" dir="auto">Andrew Sullivan via Chapter-delegates</strong>
<span dir="auto"><<a href="mailto:chapter-delegates@elists.isoc.org" rel="noreferrer noreferrer noreferrer" target="_blank">chapter-delegates@elists.isoc.org</a>></span><br>
Date: Sat, Nov 16, 2019, 2:50 AM<br>
Subject: Re: [Chapter-delegates] What's going on? As presented, the sale of PIR should be rejected by the Board<br>
To: <a href="mailto:chapter-delegates@elists.isoc.org" rel="noreferrer noreferrer noreferrer" target="_blank">
chapter-delegates@elists.isoc.org</a> <<a href="mailto:chapter-delegates@elists.isoc.org" rel="noreferrer noreferrer noreferrer" target="_blank">chapter-delegates@elists.isoc.org</a>><br>
</div>
<br>
<br>
On Thu, Nov 14, 2019 at 04:21:24AM +0000, Caleb Ogundele wrote:<br>
<br>
> The implication might see to the increase in the purchase price of dot ORG<br>
> domains.<br>
<br>
You might have seen that anyway, because ISOC historically (and still!<br>
this deal hasn't closed, remember!) has relied upon the money coming<br>
from PIR to support ISOC's activities. The thing that actually<br>
constrains wholesale prices in .org is its market, not ICANN and not<br>
PIR's status as a non-profit. And note what both PIR has said about<br>
the topic: "Our goal has always been to make .ORG accessible and<br>
reasonably priced – and that will continue under our new ownership."<br>
<br>
Best regards,<br>
<br>
A<br>
<br>
-- <br>
Andrew Sullivan<br>
President & CEO, Internet Society<br>
<a href="mailto:sullivan@isoc.org" rel="noreferrer
noreferrer noreferrer noreferrer" target="_blank">sullivan@isoc.org</a><br>
+1 416 731 1261<br>
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<div><br>
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-- <br>
<div dir="ltr">
<div dir="ltr">Dorothy Gordon</div>
</div>
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