Re: [87all] Registration for IETF 87 in Berlin has re-opened

Bob Hinden <bob.hinden@gmail.com> Fri, 05 July 2013 19:12 UTC

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From: Bob Hinden <bob.hinden@gmail.com>
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Date: Fri, 5 Jul 2013 12:12:10 -0700
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References: <EC5CFB19-E6BB-4506-A97E-764F8F09936F@gmail.com> <20130705181902.GR17405@cisco.com> <4A0C84D3-8FAE-4CA8-AE76-76B33024FBC1@gmail.com> <20130705190200.GS17405@cisco.com>
To: Toerless Eckert <eckert@cisco.com>
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Cc: Bob Hinden <bob.hinden@gmail.com>, 87all@ietf.org
Subject: Re: [87all] Registration for IETF 87 in Berlin has re-opened
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On Jul 5, 2013, at 12:02 PM, Toerless Eckert <eckert@cisco.com> wrote:

> On Fri, Jul 05, 2013 at 11:49:11AM -0700, Bob Hinden wrote:
>>> Also: 1200 registrations * $650$  * 0.19 = $150,000$. $100,000 shortfall then sounds
>>> as if only 33% of the registration fees go to expenses that you can recover VAT for
>>> (hotel, local staff, etc. pp) ?
>> 
>> We usually see a mix of registrations (full, late, day pass, and student).  The estimate was based on this mix and by including the VAT in the full fee, it effectively reduces the registration fee by 19%.
> 
> But VAT is not sales tax. You only "loose" 19% of the IETFs "value add" part of the registration fees.
> Eg: you deduce the VAT included in the expenses to the InterConti from the IETFs VAT liability.

We are investigating that as well.

Bob