Gov/en/Portal:Transparency/Fiscal-Study Summary: Difference between revisions
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'''Fiscal-Study — Executive Summary''' · Source: [[Gov/en/Portal:Transparency/Fiscal-Study]] (study v3.6.4, June 2026) · Full bilingual PDF: [https://nextcloud.wikideal.net/s/ | '''Fiscal-Study — Executive Summary''' · Source: [[Gov/en/Portal:Transparency/Fiscal-Study]] (study v3.6.4, June 2026) · Full bilingual PDF: [https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Fiscal-Study_v1.3_2026-07-19.pdf] | ||
__TOC__ | __TOC__ | ||
== Recommendation == | == Recommendation == | ||
'''Need:''' Confirm WikiDeal can legally start fundraising. '''Intention:''' Qualify contributions as donations-with-reward (CC Art. 239) and submit the study to licensed attorneys for formal legal opinions. '''Conclusion:''' Fundraising can start immediately; the first CHF 200,000 tranche (Stage 1A) carries risk close to zero, with legal review run in parallel. ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Confirm WikiDeal can legally start fundraising. '''Intention:''' Qualify contributions as donations-with-reward (CC Art. 239) and submit the study to licensed attorneys for formal legal opinions. '''Conclusion:''' Fundraising can start immediately; the first CHF 200,000 tranche (Stage 1A) carries risk close to zero, with legal review run in parallel. ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 6–9]'' | ||
== Platform Deprivatization Mechanism == | == Platform Deprivatization Mechanism == | ||
'''Need:''' Explain why WikiDeal's model is generic and reusable. '''Intention:''' Describe a mechanism to transfer platforms from private ownership to commons governance. '''Conclusion:''' The donation-funded, exit-to-community model is a replicable template for platform deprivatization. ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Explain why WikiDeal's model is generic and reusable. '''Intention:''' Describe a mechanism to transfer platforms from private ownership to commons governance. '''Conclusion:''' The donation-funded, exit-to-community model is a replicable template for platform deprivatization. ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 10–17]'' | ||
== 1. Purpose and Scope == | == 1. Purpose and Scope == | ||
'''Need:''' Define what the study covers. '''Intention:''' Analyze Swiss fiscal and regulatory treatment of the WikiDeal financial management system under Ynternet.org Foundation (Geneva, tax-exempt). '''Conclusion:''' Scope covers donations, rewards, VAT, and regulatory positioning for Round 1 (CHF 1M). ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Define what the study covers. '''Intention:''' Analyze Swiss fiscal and regulatory treatment of the WikiDeal financial management system under Ynternet.org Foundation (Geneva, tax-exempt). '''Conclusion:''' Scope covers donations, rewards, VAT, and regulatory positioning for Round 1 (CHF 1M). ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 18–21]'' | ||
== 2. Organizational Structure == | == 2. Organizational Structure == | ||
'''Need:''' Clarify who operates what. '''Intention:''' Foundation (tax-exempt, supervised by ESA/ASF Bern) mandates the WikiDeal Association for operations. '''Conclusion:''' The operational mandate does not jeopardize the Foundation's tax-exempt status. The association ''WikiDeal Prototype 1'' will evolve into a decentralized network of providers (hosting, maintenance, security) selected via tenders, with initial remunerations in Rewards and Karma Tokens. ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Clarify who operates what. '''Intention:''' Foundation (tax-exempt, supervised by ESA/ASF Bern) mandates the WikiDeal Association for operations. '''Conclusion:''' The operational mandate does not jeopardize the Foundation's tax-exempt status. The association ''WikiDeal Prototype 1'' will evolve into a decentralized network of providers (hosting, maintenance, security) selected via tenders, with initial remunerations in Rewards and Karma Tokens. ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 22–25]'' | ||
== 3. The Donation Model: Why Not a Loan? == | == 3. The Donation Model: Why Not a Loan? == | ||
'''Need:''' Establish the legal nature of contributions. '''Intention:''' Show contributions are donations (CC Art. 239): no repayment obligation, no guaranteed reward. '''Conclusion:''' Loan, security, deposit and investment qualifications are argued to be excluded; rewards are tokens of gratitude funded by subscription revenue (global cap CHF 50M). ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Establish the legal nature of contributions. '''Intention:''' Show contributions are donations (CC Art. 239): no repayment obligation, no guaranteed reward. '''Conclusion:''' Loan, security, deposit and investment qualifications are argued to be excluded; rewards are tokens of gratitude funded by subscription revenue (global cap CHF 50M). ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 27–38]'' | ||
== 4. Contradictory Analysis: Devil's Advocate == | == 4. Contradictory Analysis: Devil's Advocate == | ||
'''Need:''' Stress-test the donation qualification. '''Intention:''' Argue the strongest opposing views (disguised loan, security, collective investment, deposit-taking). '''Conclusion:''' Each requalification fails on its own criteria; residual points flagged for the attorneys' review. ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Stress-test the donation qualification. '''Intention:''' Argue the strongest opposing views (disguised loan, security, collective investment, deposit-taking). '''Conclusion:''' Each requalification fails on its own criteria; residual points flagged for the attorneys' review. ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 39–53]'' | ||
== 5. Swiss Tax Treatment of Contributor Rewards == | == 5. Swiss Tax Treatment of Contributor Rewards == | ||
'''Need:''' Know how rewards are taxed. '''Intention:''' Apply DBG Art. 23: Retained Rewards are taxable income of the contributor; the donation portion follows cantonal gift-tax rules. '''Conclusion:''' Clear tax treatment; contributors are informed rewards may be taxable. ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Know how rewards are taxed. '''Intention:''' Apply DBG Art. 23: Retained Rewards are taxable income of the contributor; the donation portion follows cantonal gift-tax rules. '''Conclusion:''' Clear tax treatment; contributors are informed rewards may be taxable. The reward is only realised once a sufficient number of subscriptions has been acquired by users (Theo #11091). ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 54–59]'' | ||
== 6. VAT Positioning == | == 6. VAT Positioning == | ||
'''Need:''' Determine VAT obligations. '''Intention:''' Rely on the non-profit turnover threshold and a brokerage-commission model for platform revenue. '''Conclusion:''' No VAT liability expected at current stage; monitored via annual thresholds. ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Determine VAT obligations. '''Intention:''' Rely on the non-profit turnover threshold and a brokerage-commission model for platform revenue. '''Conclusion:''' No VAT liability expected at current stage; monitored via annual thresholds. ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 60–68]'' | ||
== 7. Regulatory Positioning by Institution == | == 7. Regulatory Positioning by Institution == | ||
'''Need:''' Map every supervisor's view. '''Intention:''' Analyze FINMA (Sandbox, BA Art. 6(2)), FinSA Art. 36 prospectus exemptions, ESA/ASF, cantonal tax authorities. '''Conclusion:''' No banking license, no prospectus, no pre-approval required for Round 1. ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Map every supervisor's view. '''Intention:''' Analyze FINMA (Sandbox, BA Art. 6(2)), FinSA Art. 36 prospectus exemptions, ESA/ASF, cantonal tax authorities. '''Conclusion:''' No banking license, no prospectus, no pre-approval required for Round 1. ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 69–81]'' | ||
== 8. Annual Report Indicators == | == 8. Annual Report Indicators == | ||
'''Need:''' Prove ongoing compliance. '''Intention:''' Define a compliance-evidence framework of indicators published in the annual report. '''Conclusion:''' Auditable indicators track sandbox ceiling, contributor count, reward cap and donation flows. ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Prove ongoing compliance. '''Intention:''' Define a compliance-evidence framework of indicators published in the annual report. '''Conclusion:''' Auditable indicators track sandbox ceiling, contributor count, reward cap and donation flows. ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 82–87]'' | ||
== 9. Combined Scenario: Contribution + Gain + Re-Donation == | == 9. Combined Scenario: Contribution + Gain + Re-Donation == | ||
'''Need:''' Test the model end-to-end. '''Intention:''' Walk one contributor through donating, receiving a reward, and re-donating it. '''Conclusion:''' Each step keeps its legal qualification; no requalification arises from combining them. ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Test the model end-to-end. '''Intention:''' Walk one contributor through donating, receiving a reward, and re-donating it. '''Conclusion:''' Each step keeps its legal qualification; no requalification arises from combining them. ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 88–91]'' | ||
== 10. International Considerations == | == 10. International Considerations == | ||
'''Need:''' Assess cross-border exposure. '''Intention:''' Summarize treatment of non-Swiss contributors and foreign regulators. '''Conclusion:''' Round 1 is Swiss-focused; international expansion needs country-specific review later. ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Assess cross-border exposure. '''Intention:''' Summarize treatment of non-Swiss contributors and foreign regulators. '''Conclusion:''' Round 1 is Swiss-focused; international expansion needs country-specific review later. ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 92–93]'' | ||
== 11. Recommendations == | == 11. Recommendations == | ||
'''Need:''' Define next steps. '''Intention:''' Submit a series of questions based on this study to attorneys (avis de droit) covering tax, financial-market and foundation law. '''Conclusion:''' Proceed with Stage 1A now; legal opinions refine democratic transition, support percentages, gain taxation, utility tokens and individual contracts before Round 2. ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Define next steps. '''Intention:''' Submit a series of questions based on this study to attorneys (avis de droit) covering tax, financial-market and foundation law. '''Conclusion:''' Proceed with Stage 1A now; legal opinions refine democratic transition, support percentages, gain taxation, utility tokens and individual contracts before Round 2. ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 94–96]'' | ||
== Appendices A–B: Legal References == | == Appendices A–B: Legal References == | ||
'''Need:''' Ground every claim in law. '''Intention:''' Detail the top 10 legal references and index all cited provisions. '''Conclusion:''' Complete citation base (CC, BA, FinSA, CISA, DBG, VAT Act) ready for attorney review. ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Ground every claim in law. '''Intention:''' Detail the top 10 legal references and index all cited provisions. '''Conclusion:''' Complete citation base (CC, BA, FinSA, CISA, DBG, VAT Act) ready for attorney review. ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 97–112]'' | ||
== Appendix C: Financial Contribution Report v3.5 == | == Appendix C: Financial Contribution Report v3.5 == | ||
'''Need:''' Explain the full financial model to contributors. '''Intention:''' Cover the contribution framework, subscriptions, bonding curve, Exit to Community, comparative study, dev plan and costs, plus FAQ. '''Conclusion:''' Self-contained contributor-facing report; the operational companion to the legal study. ''[https://nextcloud.wikideal.net/s/ | '''Need:''' Explain the full financial model to contributors. '''Intention:''' Cover the contribution framework, subscriptions, bonding curve, Exit to Community, comparative study, dev plan and costs, plus FAQ. '''Conclusion:''' Self-contained contributor-facing report; the operational companion to the legal study. ''[https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 Full dossier p. 113–154]'' | ||
== Related Pages == | |||
* [[Gov/en/Portal:Economy/Rewards-Explained|Rewards Explained (FAQ)]] | |||
* [[Gov/en/Portal:Economy/Cashout-Mechanism|Cashout Mechanism]] | |||
* [https://aidev.wikideal.net/mockups/latest/funding-donation-agreement.html Donor contract (draft mockup)] | |||
* Full dossier: Related Pages section, [https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 p. 155–156] | |||
---- | ---- | ||
''Summary generated 2026-07-19 from study v3.6.4 (rev | ''Summary generated 2026-07-19 from study v3.6.4 (rev 2512 EN / 2513 FR, incl. corrections #11081, #11083, #11091). Full bilingual PDF (156 p., EN/FR alternating sections): [https://nextcloud.wikideal.net/s/rAZo5LmYiiajgQ7 download]. Not tax or legal advice.'' | ||
Revision as of 17:53, 19 July 2026
Concept and sources: see Licensing and credits. Created with AI assistance for the Ynternet.org Foundation.
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Fiscal-Study — Executive Summary · Source: Gov/en/Portal:Transparency/Fiscal-Study (study v3.6.4, June 2026) · Full bilingual PDF: Fiscal-Study_v1.3_2026-07-19.pdf
Recommendation
Need: Confirm WikiDeal can legally start fundraising. Intention: Qualify contributions as donations-with-reward (CC Art. 239) and submit the study to licensed attorneys for formal legal opinions. Conclusion: Fundraising can start immediately; the first CHF 200,000 tranche (Stage 1A) carries risk close to zero, with legal review run in parallel. Full dossier p. 6–9
Platform Deprivatization Mechanism
Need: Explain why WikiDeal's model is generic and reusable. Intention: Describe a mechanism to transfer platforms from private ownership to commons governance. Conclusion: The donation-funded, exit-to-community model is a replicable template for platform deprivatization. Full dossier p. 10–17
1. Purpose and Scope
Need: Define what the study covers. Intention: Analyze Swiss fiscal and regulatory treatment of the WikiDeal financial management system under Ynternet.org Foundation (Geneva, tax-exempt). Conclusion: Scope covers donations, rewards, VAT, and regulatory positioning for Round 1 (CHF 1M). Full dossier p. 18–21
2. Organizational Structure
Need: Clarify who operates what. Intention: Foundation (tax-exempt, supervised by ESA/ASF Bern) mandates the WikiDeal Association for operations. Conclusion: The operational mandate does not jeopardize the Foundation's tax-exempt status. The association WikiDeal Prototype 1 will evolve into a decentralized network of providers (hosting, maintenance, security) selected via tenders, with initial remunerations in Rewards and Karma Tokens. Full dossier p. 22–25
3. The Donation Model: Why Not a Loan?
Need: Establish the legal nature of contributions. Intention: Show contributions are donations (CC Art. 239): no repayment obligation, no guaranteed reward. Conclusion: Loan, security, deposit and investment qualifications are argued to be excluded; rewards are tokens of gratitude funded by subscription revenue (global cap CHF 50M). Full dossier p. 27–38
4. Contradictory Analysis: Devil's Advocate
Need: Stress-test the donation qualification. Intention: Argue the strongest opposing views (disguised loan, security, collective investment, deposit-taking). Conclusion: Each requalification fails on its own criteria; residual points flagged for the attorneys' review. Full dossier p. 39–53
5. Swiss Tax Treatment of Contributor Rewards
Need: Know how rewards are taxed. Intention: Apply DBG Art. 23: Retained Rewards are taxable income of the contributor; the donation portion follows cantonal gift-tax rules. Conclusion: Clear tax treatment; contributors are informed rewards may be taxable. The reward is only realised once a sufficient number of subscriptions has been acquired by users (Theo #11091). Full dossier p. 54–59
6. VAT Positioning
Need: Determine VAT obligations. Intention: Rely on the non-profit turnover threshold and a brokerage-commission model for platform revenue. Conclusion: No VAT liability expected at current stage; monitored via annual thresholds. Full dossier p. 60–68
7. Regulatory Positioning by Institution
Need: Map every supervisor's view. Intention: Analyze FINMA (Sandbox, BA Art. 6(2)), FinSA Art. 36 prospectus exemptions, ESA/ASF, cantonal tax authorities. Conclusion: No banking license, no prospectus, no pre-approval required for Round 1. Full dossier p. 69–81
8. Annual Report Indicators
Need: Prove ongoing compliance. Intention: Define a compliance-evidence framework of indicators published in the annual report. Conclusion: Auditable indicators track sandbox ceiling, contributor count, reward cap and donation flows. Full dossier p. 82–87
9. Combined Scenario: Contribution + Gain + Re-Donation
Need: Test the model end-to-end. Intention: Walk one contributor through donating, receiving a reward, and re-donating it. Conclusion: Each step keeps its legal qualification; no requalification arises from combining them. Full dossier p. 88–91
10. International Considerations
Need: Assess cross-border exposure. Intention: Summarize treatment of non-Swiss contributors and foreign regulators. Conclusion: Round 1 is Swiss-focused; international expansion needs country-specific review later. Full dossier p. 92–93
11. Recommendations
Need: Define next steps. Intention: Submit a series of questions based on this study to attorneys (avis de droit) covering tax, financial-market and foundation law. Conclusion: Proceed with Stage 1A now; legal opinions refine democratic transition, support percentages, gain taxation, utility tokens and individual contracts before Round 2. Full dossier p. 94–96
Appendices A–B: Legal References
Need: Ground every claim in law. Intention: Detail the top 10 legal references and index all cited provisions. Conclusion: Complete citation base (CC, BA, FinSA, CISA, DBG, VAT Act) ready for attorney review. Full dossier p. 97–112
Appendix C: Financial Contribution Report v3.5
Need: Explain the full financial model to contributors. Intention: Cover the contribution framework, subscriptions, bonding curve, Exit to Community, comparative study, dev plan and costs, plus FAQ. Conclusion: Self-contained contributor-facing report; the operational companion to the legal study. Full dossier p. 113–154
Related Pages
- Rewards Explained (FAQ)
- Cashout Mechanism
- Donor contract (draft mockup)
- Full dossier: Related Pages section, p. 155–156
Summary generated 2026-07-19 from study v3.6.4 (rev 2512 EN / 2513 FR, incl. corrections #11081, #11083, #11091). Full bilingual PDF (156 p., EN/FR alternating sections): download. Not tax or legal advice.