tomeshnet / p2p-internet-workshop

Building the Peer-to-Peer Internet workshop series
https://tomeshnet.github.io/p2p-internet-workshop/
Creative Commons Attribution Share Alike 4.0 International
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2018 IPFS Research grant #55

Open benhylau opened 6 years ago

benhylau commented 6 years ago

@benhylau just received the IPFS Research grant we submitted to fund some workshop work for the remainder of 2018 🎆

Sep 17, 2018  Payment fee -$17.00
Sep 17, 2018  Incoming wire payment $6,268.27

The scope for this grant is the following, which is not overlapping with our earlier SSBC grant:

I also had to submit a W-8BEN form which basically means PL does not need to withhold taxes, but I am personally liable for filing and paying taxes on this money to the Canadian government. So I imagine the grant money to be split into:

Use Amount (CAD)
Taxes x
Hardware y
Salary z
Total 6,251.27

x and y will be held in CAD, and if we use the exact same process as ssbc-grants-scuttlemesh, z will need to be converted to Ethereum. I am a little uncomfortable converting grant money from CAD into a volatile asset even though I really like the simplicity and transparency of how we are disbursing the SSBC grant. Active contributors to this repository should consense on these items.

benhylau commented 6 years ago

My proposal:

Use Amount (CAD)
Taxes* 1,750
Hardware 2,250
Salary 2,251.27
Total 6,251.27

Taxes (28% of 6,251.27) is withheld, after @benhylau files for 2018 taxes, he will draw from this account, with the remainder put pack into a hardware fund. Thoughts?

darkdrgn2k commented 6 years ago

I go a bit higher then 28% don't want you to be out of pocket

if rest goes into hardware anyway.

benhylau commented 5 years ago

Looks like I don't need to pay any taxes on that money. So CAD 1,750 is available to be reallocated to other use, within grant scope. Suggestions?

benhylau commented 5 years ago

Suggestions:

By the way, we still have money in both the Hardware and Salary pools.