MastodonApr 27, 2024

#Mastodon forms new 501(c)(3) non-profit entity with new board of directors in the United States to facilitate tax-deductible donations and in-kind support:

https://blog.joinmastodon.org/2024/04/mastodon-forms-new-u.s.-non-profit/

Mastodon forms new U.S. non-profit

As part of our commitment to supporting the growth and operational capabilities of Mastodon, we have established a 501(c)(3) non-profit entity in the United States aimed at facilitating our efforts, including being able to receive tax-deductible U.S. donations.

Mastodon Blog
Show threadJuho MäntysaloApr 27, 2024

@Mastodon

Sad to hear if this pushes you to be more US-centric. Have loved that you've based from Germany, not just for people, but for législation as well.

Show threadRenaud ChaputApr 27, 2024
@iju @Mastodon we are still EU-centric, the goal for the US structure is to be able to gather more funding in the US, the german structure remains our operating entity
Show threadJuho MäntysaloApr 27, 2024

@renchap @Mastodon

I'm just hoping this doesn't end up being the first step of many. But time will tell, I suppose. Would hope the German regulators could be reasoned with, but of course simply the fact that this happened must eat some confidence on future.

Show threadRenaud ChaputApr 27, 2024
@iju @Mastodon I do not think we plan to move operations to the US, even if we do not get the non profit status back in Germany. As explained il the blog post. We never used the status to get tax-free donations, so there it is not really mandatory for us.
Show threadAlexandre Dulaunoy
@renchap How will you deal with the taxes? if the employee are not in US or the donations are transferred to Germany the US taxes might take around 40%. @iju @Mastodon
Apr 28, 2024 at 2:50pmWeb