Hacker News new | past | comments | ask | show | jobs | submit login
Mozilla audited by the IRS (techcrunch.com)
21 points by chris11 on Nov 20, 2008 | hide | past | favorite | 7 comments



> Why does it take the Mozilla Foundation more than year to issue its financial statements from 2007? After all, it is almost 2009.

Maybe their finance software is written in XUL.


According to the comments, the IRS grants automatic extensions to October 15th (for non-profits). It is (again, according to some commenter) normal for a non-profit to issue financial statements this late in the following year.

Do keep in mind I was unable to vet this reason within a couple minutes of searching.


Not Hacker News... Also, it's possible they asked for an extension to file their taxes in the fall instead of March.


I'd say the 88% of profits coming from Google is in line with how much Google owns of the search market. It's not a particularly stunning number; if the search market was more distributed, Mozilla's revenue would be more distributed.


This is why you have this thing called a "fine." IRS complains, says Mozilla Foundation has to pay a fine. Google gives Mozilla money, IRS gets paid, everything is "fine."


I thought they created MoCo specifically to fix this problem. I guess the IRS might complain about the years before MoCo was formed, though.


Steve Balmer probably left an anonymous tip




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: