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I also do not get it, I don't know why consideration is even relevant for a donation. I assume someone wanted to restructure things so that a fully owned trade
by neltnerb 2y ago
I also do not get it, I don't know why consideration is even relevant for a donation.
I assume someone wanted to restructure things so that a fully owned trademark was owned by a non-profit instead, with them retaining commercial rights.
Why would either side want to minimize the donation size? It reduces taxes for the commercial company and the non-profit doesn't care about income tax.
I don't know if the site is accurate but it's odd to bring up considerations for sure. I don't see anything immoral or unethical about want to restructure so that a non-profit handles the non-profit stuff.