Hi Paul,

PE> Someone was telling me that their club was a non-profit organization
PE> and had invested in Commonwealth Bank shares, and didn't have to
PE> pay tax on the income.  Would it be possible for me to do something
PE> similar?  Specific NPOs I would like to have is:
PE>  1. Sponsor of overseas email
PE>  2. Sponsor of modem pool/phone line for access to this BBS.
PE>  3. Sponsor of development of public domain code.
PE> I would like to put money into these ventures ($300 each?) and
PE> use the income to do what the above says.  I do genuinely want
PE> these things, and I certainly consider all these to be educational
PE> activities.  BFN.

Have you thought about asking your mum ?
I would be happy to ask my accountant for you. Let me know.
@EOT:

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