Gov/en/Portal:Transparency/Fiscal-Study Summary: Difference between revisions

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~~{{AI Disclaimer}}~~

#REDIRECT [[Gov/en/Portal:Transparency/Fiscal-Study]]

~~'''Fiscal-Study: Executive Summary''' · Source:~~ [[Gov/en/Portal:Transparency/Fiscal-Study]] (study v3.6.4, June 2026) · PDF (English only, 62 p.): [https://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf Fiscal-Study_v2.0_EN_2026-07-19.pdf] · French version: [[Gov/fr/Portal:Transparence/Étude Fiscale Synthèse|Étude Fiscale : Synthèse]]

~~__TOC__~~

~~== 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://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 2]''

~~== 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://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 3–6]''

~~== 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://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 7]''

~~== 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://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 8–9]''

~~== 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://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 10–14]''

~~== 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://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 15–20]''

~~== 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). ''[https://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 21–22]''

~~== 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://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 23–26]''

~~== 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://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 27–32]''

~~== 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://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 33–35]''

~~== 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://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 36]''

~~== 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://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 37]''

~~== 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://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 38]''

~~== 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://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 39–45]''

~~== 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://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf PDF EN p. 46–61]''

~~== 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 PDF: [https://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf Fiscal-Study_v2.0_EN_2026-07-19.pdf] (English, 62 p.)

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''Summary generated 2026-07-19 from study v3.6.4 (rev 2512 EN / 2513 FR, incl. corrections #11081, #11083, #11091). Monolingual PDFs: [https://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_EN_2026-07-19.pdf English (62 p.)] · [https://aidev.wikideal.net/mockups/latest/wiki/Fiscal-Study_v2.0_FR_2026-07-19.pdf French (66 p.)]. French version of this summary: [[Gov/fr/Portal:Transparence/Étude Fiscale Synthèse]]. Not tax or legal advice.''