RE: SPS Governance Proposal - Hire Clayboyn as DAO Community and Project Manager

You are viewing a single comment's thread:

While I agree he is perfect for this role, I worry about the tax implications this will eventually bring up. Is the DAO going to issue 1099s now? How does that get done?

Also where is Clayboyn based out of? Is 60k a reasonable salary for that region? What sorts of measurable performance will we have to justify the salary?

We are playing with fire here and the IRS will want its cut.



0
0
0.000
3 comments
avatar

I do think the SPS DAO would have to 1099 him, I think that's pretty standard. As far as the cost and the measurable performance, those are both valid issues. In fact I think most that are voting against are for these 2 reasons, as most people like and trust Clay himself.

0
0
0.000
avatar

Its come to light that Clay is based out of Thailand so US tax law isn't relevant but that definitely calls to question the salary.

0
0
0.000
avatar

$60000 a year in Thailand? lol he's loving this opportunity haha

0
0
0.000