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Academic
: ConglomerateNon-Profit Blogging As Tax Avoidance
By Gordon Smith, Christine, Hurt, Vic Fleischer, Fred Tung, Lisa Fairfax, David Zaring
We often get asked, here at the Conglomerate, why we don't monetize the blog - throw up advertising, talk to prospective suitors about the revenue stream, do a deal, and then outsource the business of writing posts offshore, while we live of the profits of our stock in Proctor and Gamble, or AIG, or whoever buys us.
One reason, sadly, is tax avoidance. I'm a bit late to this, but the city of Philadelphia, if you haven't seen it, is charging blog owners who take ads for a business license. Is that constitutional? We're going to let Concurring Opinions bring the test case.
Full post as published by Conglomerate on August 24, 2010 (boomark / email).
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