From: Cecily & Ralph Wood
Subject: Re: [ALSC-Forum] Re: User Interest in ICANN is Broad and Deep
Date: Tue, 19 Feb 2002 01:22:38 -0800
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Forgive me for being cynical, but who cooks ICANN's book? Arthur Anderson?
Or are they managing it themselves? - Cecily
Karl Auerbach wrote:
> On Mon, 18 Feb 2002, Karl Auerbach wrote:
>
> I'm sure that all of you you found my very amusing misstatement:
>
> > .... On the other hand, ICANN has been a rather deep money trough at
> > which several of the leading opponents of ICANN have fed for years.
>
> It was supposed to say "... opponents of ICANN's at-large...". Oh well,
> someday I will have to learn how to type. Ah but what's a word more or
> less among friends?
>
> Personally I can't say that I know of any opponents of ICANN who have
> received money from ICANN. On the other hand, and what my mis-typing was
> intended to say, was that there are those who are in opposition to the
> at-large who have received quite a bit of money from ICANN, mainly in the
> form of rather large fees for "services".
>
> For more than a year I have been asking the question of whether those fees
> were appropriate for the services rendered. Of course, the illegal
> refusal of ICANN's mananagement to allow me to inspect ICANN's financial
> records has made this inquiry rather less detailed. But even without
> detail, large shapes are discernable.
>
> In particular I have looked into the question of whether ICANN has
> violated the US Tax laws as they apply to tax exempt entities that pay
> what is called an "excess benefit" to a "disqualified person". My
> inquiries have left me concerned; the failure of ICANN's management to act
> on the information that I provided has left me alarmed. My
> back-of-the-envelope calculations indicate that ICANN, its directors (past
> and present), and management could, along with the recipients of those
> excess benefits, be subject to tax penalties of a scale that make the cost
> of the at-large seem but pennies on the dollar.
>
> --karl--
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